Insurance for Builders
Looking for insurance for concreters? Learn what cover you need, from public liability to tools and contract works insurance, and get a fast, competitive quote.
Insurance for Builders
Looking for insurance for concreters? Learn what cover you need, from public liability to tools and contract works insurance, and get a fast, competitive quote.
What Insurances should a builder have?
A builder should have several key insurances to properly protect their business, projects, and legal obligations:
Plant & Equipment
Plant and Equipment Insurance protects construction machinery such as excavators, bobcats, trailers, and loaders against theft, damage, breakdown, and accidents.
Contract Works
Contract Works Insurance is essential, as it covers accidental damage to the building project during construction, including fire, storm, theft of materials, and on-site incidents.
Public Liability
Public Liability Insurance is equally important, protecting builders if their work causes injury to another person or damage to third-party property. Most building contracts and licensing bodies require it
Workers Compensation
Workers Compensation Insurance covers employees for workplace injuries or illnesses, paying medical costs, lost wages, and rehabilitation. It’s mandatory for employers under Australian state laws.
Why Should Builders Use an Insurance Broker?
Builders face a wide range of risks, and choosing the right insurance can be confusing. An insurance broker helps builders by comparing multiple insurers, tailoring cover to your specific projects, and ensuring you meet licensing, contract and council requirements.
Unlike going directly to one insurer, a broker works for you, providing independent advice and helping you secure the most competitive cover for risks like Contract Works, Public Liability insurance, tools, equipment, machinery and vehicles.
A key advantage is claims support. If materials are stolen, the site is damaged or a liability incident occurs, a broker manages the claims process, saving you time and ensuring the best possible outcome.
How Morgan Insurance Brokers can help
Morgan Insurance Brokers helps builders protect their business with tailored construction insurance solutions. We compare leading insurers to secure competitive cover for Contract Works insurance, Public Liability, tools, machinery, and vehicles. Our team provides expert advice, handles the paperwork, ensures you meet contract requirements, and supports you through claims to keep your projects moving smoothly.
