Construction Insurance


Cover for Construction Projects Large or Small

Australia’s billion-dollar construction industry lies at the heart of the nation’s economic and social infrastructure.  Through the provision of structure, construction contributes to the wealth and welfare of the community.  Such great responsibility should be backed up with a comprehensive insurance policy.

Whether you operate in the commercial, residential or civic sector, constructors are particularly susceptible to a wide variety of risks and should have an appropriate insurance policy in place before stepping foot on the building site.  

Construction Insurance is a special type of property insurance which indemnifies against damage to buildings while they are under construction for example from fire, wind, theft and vandalism and many more potential risks.

PSC Insurance Brokers specialise in Construction Insurance. We understand the varying roles of contractors is and provide specific insurance solutions to a variety segments across the construction industry including:

    • Builders
    • Property developers
    • Demolition contractors
    • Civil engineering contractors
    • Subcontractors.

Just as every construction project is unique, you need a policy that’s tailored to the specifics.  Our experienced brokers will work closely with you to identify the particular risks associated with your project, to source suitable cover at a competitive price.  

We provide a range of Construction Insurance covers that can be tailored to your specific needs, including:

  • Professional indemnity
  • Employers liability
  • Contract works / Contractors All Risks insurance
  • Environmental liability
  • Single project policies
  • Delay in start-up (DSU)
  • Latent defects.

Not only will we help source the right insurance cover by assessing your individual needs, but we will use our considerable buying power of the PSC Group to negotiate the most cost-effective premium on your behalf. Furthermore, will work with you into the future to provide ongoing advice and support in the event of a claim.

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FAQ

Do subcontractors need Public Liability insurance?
In the case of building defects, when and what does Construction Insurance pay?
Who are the insured parties under a Contract Insurance policy
What is the cover period of Construction Insurance?
How do I make a claim?

 


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