Construction & Warranty
A Construction Insurance policy provides protection for Commercial and Residential Builders from the loss or damage to material and their liability during the course of their contractual project.
Whether you are a Licensed Builder, Owner Builder or a Property Developer, a Contract Works policy can cover you for;
- loss or damage to the insured project by way of fire, theft,storms or malicious damage
- loss or damage to existing buildings not a associated with the contract works
- materials in transit
- Public liability
- Constructional plant
By law, residential works over $16,000 require Builder’s Home Warranty. This protects the home owner from financial loss in the event of non-completion or defective workmanship, in the event of the builder abandoning the job or even dying.
Warranty Insurance covers any business that offers warranty on their job and extends for a period of 6 years after the date of completion.
Cover applies to;
- Home builders
- Pool Builders
- Cabinet makers
- Owner builders
An ARCHER Insurance expert can discuss the most suitable cover for your requirements and provide you with competitive pricing to cover your specific project.