Construction Insurance

Construction Insurance

Protecting your construction business is critical. Ensure you have a complete understanding of your risks and exposures so that your business can weather any storm.


Construction of a building or asset is complex and can attract many risks. Knowing that your people, business and your assets are properly protected during the construction and maintenance stages is paramount.

Here are just some of the risks that could impact a construction project.

  • Design - Errors, omissions, late changes 
  • External - Public objections, changes to local by-laws
  • Environment - Changes required to minimise environmental impact
  • People - Workplace injuries, incorrect advice
  • Project - Construction delays, delivery delays, unsafe workplace, property cost overruns

Austral works with building and construction companies to protect them for their construction projects. By taking a risk managed approach to insurance, we help you understand your risks and then determine the correct construction insurance cover for your business and each construction project.

Here are the five most common insurance policies required for a building or construction business

  1. Construction works insurance
  2. Product and public liability
  3. Business vehicle insurance
  4. General property insurance
  5. Workers' Compensation.

This article covers each of these construction insurances in more depth.