Contract Works Insurance on the Mid North Coast

What happens if your construction site is damaged? What if there is a fire or severe storm? When it comes to contract works, it makes sense to take out insurance so you’re protected from things outside your control. From property damage to personal injury, our team at Insurance Advisernet Australia can help you choose a contract works insurance policy to suit your needs. We’re here to support builders and tradespeople throughout the Mid North Coast and the Upper Hunter Valley, including Taree, Armidale, Dungog, Forster, Nelson Bay and Medowie.

Contract works policies insure the construction-related activities of a project. There are policies available that cover the interests of all involved parties, including the project owner, general contractor and subcontractor. Taking out a policy like this is an important step towards protecting your project and can help you cover the costs of equipment damage, loss of profits, legal fees and more.

Your insurance requirements will vary depending on your project and the specifics of your business. Some policies can be extended to offer different levels of cover, from per-project insurance through to annual cover.

Individuals who typically take out contract works insurance are:

• Builders
• Tradespeople who run their own projects
• Owner builders
• Sub-contractors who run their own projects on the side

If you own, run or manage a construction site, you probably need contract works insurance. Some policies can include public liability insurance, but it’s best to talk to a professional to make sure all bases are covered.