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
- Painters
- Plumbers
- Electricians
- Landscapers
- 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.
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, please refer to the specific policy wordings and/or Product Disclosure Statements available from Archer Insurance Corp. on request. Archer Insurance Corp. ABN 78 339 722 583 (AFSL 485736) arranges the insurance and is not the insurer.
