Contract Works
- Property Damage
- per 'Property' risks
Product Overview
Contract Works by Specialist Underwriting Agencies Pty Ltd is a flexible insurance solution for construction projects across Australia. This product is built for contractors and builders who want to protect their work from start to finish.
The policy covers property damage and public liability, helping manage risks that often come with building sites. With coverage starting from AUD 2,000 per year and going up to AUD 50 million, it suits both small and large projects.
About Contract Works by Specialist Underwriting Agencies Pty Ltd
This insurance can be tailored for different property risks, making it a good fit for a range of construction jobs. The minimum excess is AUD 2,000, and the policy is available in all states.
Contract Works by Specialist Underwriting Agencies Pty Ltd is only available through insurance brokers, so a broker contract is needed. The product is supported by Mirabelle Underwriting, working closely with brokers for smooth service.
If you want more details or a quote, use the ‘Contact Underwriter for Quote’ option on this page. Brokers can also check the links and resources for extra information or to get started.
Contract Works by Specialist Underwriting Agencies Pty Ltd FAQs
What is covered under a contract works policy?
A contract works policy usually covers property damage and public liability during construction. It can also include protection for materials, temporary works, and third-party property damage.
For Contract Works by Specialist Underwriting Agencies Pty Ltd, the policy is tailored for property risks and construction projects across Australia.
Who can apply for Contract Works by Specialist Underwriting Agencies Pty Ltd?
The policy is available to licensed insurance brokers acting for contractors and builders. The product is not available directly to the public. Brokers must have a contract with SUA to arrange cover for their clients.
Are there location restrictions for the policy?
There are no location restrictions for this product. Contract Works by Specialist Underwriting Agencies Pty Ltd is available in all Australian states. This broad availability makes it suitable for projects across the country, no matter the region or site.
What makes Contract Works by Specialist Underwriting Agencies Pty Ltd suitable for property risks?
This product is tailored for property risks linked to construction projects. It covers property damage, including materials and temporary works, during the build. The policy is part of the Property Insurance line of business, which you can learn more about on the Property Insurance category page.
Can the policy be arranged for both single and annual projects?
Yes, Contract Works by Specialist Underwriting Agencies Pty Ltd can be set up for single construction projects or as an annual policy. This flexibility helps contractors and builders manage cover for both one-off jobs and ongoing work throughout the year.
Does Contract Works by Specialist Underwriting Agencies Pty Ltd include public liability cover?
Yes, public liability cover is included in the policy. This protects against claims for injury or property damage to third parties during construction. It is a key feature for builders and contractors who need to manage site risks.
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