Contractors All Risks
Construction Insurance
All States
No
- Builders Risk
- Property Damage
- Home Builders
- Apartment Builders
- Commercial Builders
- Office fit-out Contractors
- Industrial Builders
- Institutional Contractors
- Civil Contractors
- Subcontractors
- Principally Controlled Projects
- Annual Renewable Policies
- Construction Single Projects
Product Overview
Contractors All Risks by Scope Underwriting is built for the real needs of construction professionals. This policy covers material damage, theft, and unexpected events that can affect project timelines and budgets. It is designed to suit both single projects and annual policies, with flexible options to match different project sizes and needs.
The policy is available for a wide range of builders and contractors, including home, apartment, commercial, and civil builders. Subcontractors and office fit-out contractors can also find coverage that fits their work. Optional extensions are available, so brokers can help clients tailor their protection for unique project risks.
About Contractors All Risks by Scope Underwriting
This cover is available for projects across all Australian states. It is suitable for both principally controlled and annual renewable policies. The focus is on keeping construction projects moving, even when the unexpected happens.
There is no contract required for insurance brokers, making it easy to offer this product to clients. For more details, brokers can use the contact options like the ‘Contact Underwriter for Quote’ or explore the product page for extra resources. This helps brokers and clients find the right fit for their construction insurance needs.
Contractors All Risks by Scope Underwriting FAQs
What are contractors' all risks?
Contractors’ all risks insurance is a policy designed to protect construction projects from loss or damage during the build. It covers works, materials, equipment, and can include third-party property damage or injury claims that may occur on-site. Contractors All Risks by Scope Underwriting is an example of this cover, offering flexibility for Australian builders and contractors.
What types of projects can be covered by Contractors All Risks by Scope Underwriting?
The policy is suitable for a variety of construction projects, including home and apartment builds, commercial and industrial developments, institutional and civil works, office fit-outs and principally controlled projects. Both single construction projects and annual renewable policies can be arranged to suit different business needs.
Is the product available for annual policies as well as single projects?
Yes, Contractors All Risks by Scope Underwriting can be set up for either single projects or annual renewable policies. This flexibility helps builders and contractors manage ongoing work or cover unique, one-off builds.
Which locations are eligible for Contractors All Risks by Scope Underwriting?
This policy is available in all Australian states. Builders and contractors can access coverage for projects anywhere in Australia, making it practical for businesses operating across different regions.
Are optional extensions available with the policy?
Optional extensions are available to tailor Contractors All Risks by Scope Underwriting to specific project needs. These additions help brokers and clients add extra protection for unique risks, keeping the policy flexible for a wide range of construction activities.
Can subcontractors be covered under Contractors All Risks by Scope Underwriting?
Yes, subcontractors are eligible for cover under this product. The policy is designed for various professionals involved in construction, including subcontractors working on home, commercial, or civil projects. For more on the broader category, see Construction Insurance for other options and details.
Construction
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