Business

Construction insurance

Construction is layered with risks. Help keep yourself and your builders safe with construction insurance arranged by Marsh.

Cover we can arrange

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Public and products liability

Helps cover costly legal fees if your construction activities injure a third party – or damage their property.

  • Cover if a third party is injured or their property is damaged during construction

    As a result of builder’s negligence.

  • Up to $20 million public liability limit 

    The limit of liability is the maximum amount that can be provided under the insurance policy.

  • Single project or annual turnover cover option. Transfer basis annual policy option also available.

    The policy structure best suited to your business needs may vary on the size, value and risk profile of your construction projects.

  • Products liability cover for certain risks after works have been completed

    After they have ceased to be in iInsured’s possession or control.

  • Coverage Australia-wide 

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Material damage

Helps cover physical loss or damage to buildings, materials, equipment and more – as well as assets in transit or storage.

  • Cover for physical loss or damage to buildings, materials, temporary works and equipment that are a part of construction-related activity 

    Including cover for property whilst in storage and in- transit.

  • Up to $20 million material damage liability limit

    The limit of liability is the maximum amount that can be provided under the insurance policy.

  • Optional cover for plant and equipment damage, loss or theft up to an agreed sum insured

    $100,000 any one loss – Mmaximum $500,000 sum insured. Automatic inclusion for construction plant and& equipment up to $100,000, provided such property is notified within 60 days.

  • Existing structures up to $500,000 any one ES without referral

    $1 million maximum all existing structures. Any limits over this are referrals.

  • Coverage Australia-wide

Additional cover we can arrange

Product and services

Business vehicle cover

Need to travel from one job to another to keep your business running? Marsh can arrange business vehicle cover tailored to your needs.

Learn More

Product and services

Management liability cover

Help protect your business – and your team – against management and operational risks with management liability cover.

Learn more

Product and services

Cybersecurity insurance

Cyber attacks are becoming increasingly common. Help protect your small business with cyber insurance solutions arranged by Marsh.

Learn more

Is your project covered for natural hazards?

Onsite health and safety risks are, at least, simple to plan for. Natural hazards are another challenge altogether.

Extreme weather events – such as bushfires, hail and thunderstorms – can catch even the most careful of us off-guard. 

Our expert brokers can help mitigate your environmental risk exposures – and explain the risk management processes you’ve already put in place to your insurer. 

Don’t leave your project exposed to the elements. Let us arrange cover that helps protect your project comprehensively.

Why Marsh?

Why should you choose Marsh to arrange your insurance solutions?

Trusted by 130 associations

We are proud to be the endorsed insurance broker for more than 130 Australian industry groups and member associations, developing insurance solutions that help meet the risk and insurance needs of businesses across a variety of industries.

Local expertise

Our Australia-wide network of brokers have spent years at the coalface supporting business owners manage their unique risks in a fast-changing market. They keep ahead of the latest market insights both local and global and break down the jargon into your language.

Claims support

Handling an insurance claim can quickly become overwhelming, not least when your time is stretched to the limit keeping your business going in the backdrop. We help take the load off and manage, negotiate and settle claims with insurers on your behalf.

Single project cover

We can arrange cover for individual projects – on a case-by-case or ad hoc basis – when you need it most. Large-scale projects and those in natural catastrophe zones may suit this form of cover well..

Risk management plans

Our dedicated construction brokers are experts in your industry. We can offer you risk management and insurance advice that’s tailored to your needs – and put a risk management plan in place.

Large and complex projects

Our specialist brokers work with builders on projects of all sizes, types and complexities. Whatever your project, we can tailor your cover to the risk exposures involved.

Why use a broker?

Choosing business insurance means navigating through products, coverages and policy terminology – with a sales pitch as your only guide. An experienced broker will spot your unique set of risks, match you to the right choice, and advocate for you on price.

Frequently asked questions

You aren’t legally obligated, but we highly recommend it – especially if your company offers building design advice or services. 

If a client claims you made an error that led to injury, damage or financial loss, you may be liable to compensate their losses.

Yes. We can arrange monthly instalments* with a premium funder, provided you meet certain criteria.

To arrange monthly payments, talk to one of our dedicated Marsh insurance brokers.

Single project cover is a policy procured on a case-by-case or ad hoc basis. Some businesses need this under a contractual obligation.

Generally speaking, it’s most beneficial for projects that are at high risk of natural catastrophes. Large-scale construction projects, more complex in nature, also benefit greatly from this form of cover.

Contrary to single project cover, we can also arrange construction insurance on an annual basis. This form is called annual blanket cover. 

It’s most beneficial for builders and construction companies who complete multiple projects in a year. They might need cover that includes pre-agreed parameters and limits for many projects under a single policy.

Yes. Home viewings, though a standard part of sales operations for domestic builders, can expose builders to heightened theft and damage risks. (Especially since these buildings are rarely occupied outside the typical 9- to- 5 window.)

We can arrange builders insurance with optional display building and content cover as an add-on. Be sure to ask your broker for this addition when you apply for a policy.

Contract works insurance and construction insurance are interchangeable terms. 

They both refer to cover designed to help protect small- to- medium-sized construction companies against physical loss, damage and legal liability. And they both combine public and product liability cover with material damage cover.

It varies from insurer to insurer. Your policy may look different depending on who provides it – and inclusions may only apply to certain projects.

Generally speaking, a typical construction policy can cover physical loss or damage to buildings, materials, temporary works and construction-related equipment. 

This might be due to:

  • Fire

  • Theft

  • Vandalism

  • Construction collapse

  • Storm and flood damage

  • Natural catastrophes – such as earthquakes and cyclones.

Between material damage insurance and public liability insurance – two standard covers under this policy – construction insurance can also cover legal liability for third-party injury and property damage.

We work with building and construction companies of all sizes – on projects of all sizes. Our specialist brokers will be happy tailor a policy to the specific risk exposures you face. 

You can request a call back to speak to one of them today.

Related insurance solutions

Professional indemnity cover

Protect your business against claims of misleading advice, breach of duty and negligence with professional indemnity cover.

Insurance premium funding

Insurance can be a lifeline. But lump sum premiums can be a hindrance. Pay in monthly instalments with premium funding arranged by Marsh.

Personal accident cover

With personal accident cover you can be sure your medical expenses are covered in the event of an on-the-job injury.

Contract works insurance

A construction project can’t be rushed – but it can be derailed unexpectedly. Let our expert brokers arrange your contract works cover.

Subcontractor insurance

Subcontractors aren’t always covered by a builder’s insurance – even if the building site is. Let us arrange cover to help protect you.

Engineering insurance

For engineers, careful risk management is key. Let us arrange insurance tailored to you – so you can stay focused on innovation.

*Interest and additional fees are applicable. Terms and Conditions apply.

LCPA 23/144

Marsh Advantage Insurance Pty Ltd (ABN 31 081 358 303, AFSL 238369) (“Marsh”) arranges the general insurance (i.e. not the Discretionary Trust Arrangement) and is not the insurer. This page contains general information and does not take into account your individual objectives, financial situation or needs. For full details of the terms, conditions and limitations of the covers, refer to the specific policy wordings and/or Product Disclosure Statements available from Marsh on request. Marsh makes no representation or warranty concerning the application of policy wordings or the financial condition or solvency of insurers or re-insurers. Marsh makes no assurances regarding the availability, cost, or terms of insurance coverage. Any statements concerning actuarial, tax, accounting, or legal matters are based solely on our experience as insurance brokers and risk consultants and are not to be relied upon as actuarial, accounting, tax, or legal advice, for which you should consult your own professional advisors. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). Any advice or dealing in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226 827) (“JLT”). JGS and JLT are businesses of Marsh McLennan. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions.