Contract Works Insurance provides cover against risks associated with civil, commercial and residential construction projects, designed to assist Licensed builders and Contractors to meet their contractual obligations to insure a building project and the materials on-site against loss or damage.
Contract Works Insurance usually covers:
Key Insurance Group specialise in Contract Works Insurance. We have access to a range of specialist insurance policies from leading insurers to cover the range of risks and assets that are part of a construction site. Contract works insurance covers loss and damage to a building project such as from storms, fires, earthquakes, water damage, malicious damage or theft.
Key Insurance Group can arrange cover for:
A good Contract Works Insurance policy should also provide cover for the costs of demolition, removal of debris and other fees associated with restoring the site to a workable state. Some Contract Works Insurance policies also include cover for tools utilised on site plus hired in plant and other mobile equipment.