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Builders & Contractors

Construction Insurance Built Around the Job, Not a Template.

Contract works, public liability, and design-and-construct PI for Queensland builders who understand that a standard policy rarely survives contact with a real project.

Corporate Authorised Representative
Insurers We Deal With Regularly
Claims Support
Steadfast Network (via Sirius Insurance)
Risk Awareness

Risks That Can Catch You Off Guard

These are the exposures that regularly catch Builders & Contractors off guard — often because they weren't on anyone's radar until a claim was already underway.

01

Uninsured Contract Works Exposure

Material damage during construction — storm, fire, theft of materials, accidental damage by workers — is only covered under a contract works policy, not standard business or property insurance. A major loss mid-build without it can end a project and a business.

02

Subcontractor Liability Gaps

If an uninsured or underinsured subcontractor causes injury or damage on your site, the claim may flow back to you as the principal. Understanding which subcontractors are covered under your policy — and which require their own — is critical.

03

Defect and Rectification Claims

Post-completion defect claims are one of the most common disputes in residential construction. Knowing whether your policy covers the cost of rectifying your own faulty work — versus damage caused by it — is a question most builders don't ask until it's too late.

04

Site Theft and Vandalism

Construction sites are high-value targets. Copper, plant, machinery, and materials are routinely stolen or vandalised. The question isn't whether you'll experience site theft — it's whether your policy responds when you do.

05

Weather Damage Mid-Construction

Queensland's storm season doesn't wait for practical completion. Partially constructed frames, roofs, and slabs are especially vulnerable. A contract works policy covers storm, flood, and cyclone damage during the construction period.

06

Design-and-Construct PI Exposure

Builders who provide design advice — even informally — carry professional indemnity exposure. If your project involves any design input, engineering coordination, or value-management advice, your standard liability policy won't protect you against a design-related claim.

Cover Types

Cover You'll Likely Need

The insurance products most relevant for Builders & Contractors — placed through insurers we deal with regularly.

Contract Works

Covers material damage to works under construction from the commencement of works through to practical completion. Includes materials on site, temporary buildings, and removal of debris.

Material damageStorm & floodVandalism & theftMaintenance period
Public Liability

Covers your legal liability for injury to third parties or damage to their property arising from construction activities — including ongoing operations and completed contracts.

$10M–$20M limitsCompleted operationsProducts liability
Professional Indemnity

Essential for design-and-construct builders and project managers. Covers claims arising from errors or omissions in design, specification, or professional advice given in the course of a project.

Design & constructProject managementRun-off cover available
Plant & Equipment

Covers loss or damage to owned and hired plant — excavators, forklifts, scissor lifts, generators. Includes breakdown, accidental damage, and theft from site.

Owned plantHired-in plantBreakdown cover
Why Use a Broker

Why Builders & Contractors Use Alvero

Three reasons to consider using a broker rather than buying direct.

01

Project-Specific Policy Structure

Contract values change and subcontractor arrangements vary. We discuss your actual project mix, rather than relying on an off-the-shelf sum insured that may not suit a large contract.

02

Subcontractor Insurance Review

We help you understand which risks sit under your policy, which may require subcontractors to carry their own cover, and how insurance requirements can be built into your subcontractor agreements.

03

Claims Support Through Completion

A mid-project loss is a time-critical event. We support you with the claim from lodgement through settlement, liaising with loss adjusters and insurers on your behalf.

Get Started

Talk to a Broker Who Knows Your Industry.

Tell us about your situation and a broker will come back to you — no jargon, no pressure, no obligation.

General advice warning: any advice we provide is general in nature and does not take into account your objectives, financial situation or needs. Before acting on it, consider whether it is appropriate for you and read the relevant Product Disclosure Statement and our Financial Services Guide.

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