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Construction Works Insurance | iBuild Insurance

Specialised Construction Works Insurance For Commercial Projects

Protect your commercial construction projects with comprehensive coverage that aligns with your project timelines and contractual requirements.

30+ Years Experience
100% Commercial Focused
18% Average Cost Reduction

Common Risks with Construction Works Coverage

Commercial construction projects face specific insurance challenges that can lead to significant financial exposure:

1

Coverage Misalignment With Projects

Standard construction works policies often don't properly align with specific project timelines, creating dangerous coverage gaps during critical construction phases.

2

Contract Requirement Non-Compliance

Many builders discover too late that their insurance doesn't fully satisfy contractual requirements, potentially putting them in breach and at risk of financial penalties.

3

Material & Equipment Protection Gaps

Incomplete coverage for materials, equipment, and works in progress can leave builders exposed to significant losses from theft, damage, or natural disasters.

Comprehensive Construction Works Protection

Our specialised construction works insurance approach ensures your projects are fully protected with coverage that aligns perfectly with your specific commercial construction needs.

1

Project Requirements Analysis

We analyse your specific project details, contract obligations, and construction timeline to identify all potential risks and coverage requirements.

2

Comprehensive Coverage Design

Our specialists structure contract works insurance that covers all aspects of your project, including materials on-site, transit, existing structures, and tools/equipment.

3

Contract Alignment Verification

We ensure your insurance perfectly aligns with contractual requirements, providing documented verification that can be presented to project owners and stakeholders.

4

Ongoing Project Protection

As your project evolves, our team remains engaged to adjust and modify coverage as needed, ensuring continuous protection through completion and the defects liability period.

Real Results for Commercial Builders

Commercial Office Development

A builder working on a $12M office complex had standard contract works coverage that left significant gaps in protection for existing structures and defect periods. We restructured their policy to provide comprehensive protection.

Result: Full contractual compliance with 18% cost savings compared to their previous policy

Multi-Site Construction Company

A construction firm with multiple simultaneous projects was handling separate policies for each site, creating administrative burden and inconsistent coverage. We designed an annual construction works program.

Result: Streamlined insurance administration and $28,000 annual premium savings

"Having reliable professional indemnity insurance is crucial, and Steve Krogh from iBuild Insurance is outstanding! His comprehensive understanding of the real estate space, paired with his insurance expertise, ensures that we are perfectly covered. Steve’s tailored advice and exceptional service make all the difference. Highly recommend his professionalism and dedication! Thanks, Steve!"

Get Your Construction Works Coverage Assessment

Construction Works Insurance Review

Complete this form to receive your personalised assessment from a construction works specialist.

No obligation consultation with a construction works insurance specialist.