Construction and Builders Warranty Insurance

When a building is being constructed or renovated, it can’t be insured as an existing building would be. You’ll need a construction and builders policy to protect your investment.

What is Construction and Builders Insurance?

Construction and Builders Insurance protects you against loss or damage at the site, materials in transit, can cover legal responsibilities for on site injuries, and against builders going bankrupt.

Having Construction and Builders Insurance is essential for minimising financial losses when unexpected damages and expenses occur during the period of construction and beyond. There are many aspects to consider when determining the most suitable Building Construction Insurance for your projects, so it’s best to seek the advice of our trusted and professional Risk Advisers at NRIG.

What Does Builders Warranty Insurance Include?

Construction and Builders Insurance encompasses different types of insurances for builders and construction companies. Depending on your building project duration, type of property build, equipment needed, and other factors, you’ll need a tailored builders warranty insurance to make sure you and your building company is protected should the unexpected happen.

Construction and Builders Insurance include things such as

  • Builders Public Liability insurance – refers to liability insurance for builders in a building company to protect them in the case of an injury or death that occurs in the duration of the construction project due to negligence or unforeseen circumstances. Details of what is insured is outlined in the builders liability insurance policy.
  • General Property and Tools of Trade Insurance – protects and minimises the financial impacts of having stolen, damaged, or loss of tools and equipment during the construction period.

There are also many more covers within Builders Warranty Insurance so be sure to speak with our team of specialist Risk Advisers at NRIG to find the best policy options for your business.

Who Needs Protection?

Anyone who is a principal of a building site. Construction and Warranty Insurance provides business insurance for builders. If you are a construction business that’s been contracted for a build, this is for you, not the eventual owner of the property (for homeowners, there is the Home Warranty Insurance cover instead). Legislation varies state by state as to what cover you need, but regardless, better safe than sorry! Speak to the Risk Advisers at NRIG to find out whether responsibility for insurance rests with you.

How Can You Ensure Your Business is Protected?

While you can never completely eliminate risk, you can lower it by knowing what assets you need to protect and what steps to take to do so. Your Risk Advisers at NRIG are extremely well-versed in the types of situations required for Construction and Builders Warranty Insurance to eliminate risk and save costs in the long term.

NRIG's team of builder warranty insurance Risk Advisers work closely with you to identify what your building company’s needs are and the various factors that need to be considered when choosing the most beneficial insurance cover with the most value for you.

Talk to one of our Risk Advisers – they’ll work with you one-on-one to find a plan that’s tailored to your needs.

Where To Find Builder Warranty Insurance Quotes?

The cost of Construction and Builders Warranty Insurance will vary depending on your project’s requirements and structure. Your Risk Advisers at NRIG are here to find and compare the range of insurance options available to you, guided by professional and tailored advice.

However, it’s important to note that investing in Building Construction Insurance shouldn’t always come down to the price as there are more important aspects to consider within your insurance covers that you should be wary of before making any commitments.

At NRIG, we strive to provide you with trusted, accurate, and sound risk advice according to your needs.


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NRIG is a licenced trading name of Adroit Insurance and Risk Pty Ltd ABN 75 078 972 700 (Adroit). Adroit has been appointed by Insurance Advisernet Australia Pty Limited ABN15 003 886 687 (IA) to recruit authorised representatives for IA and supervise and manage those authorised representatives. While Adroit holds an AFSL, Adroit and those individuals will not be providing any financial services to you. IA will be the licensee providing financial services to you and IA will be responsible for those financial services. IA will pay Adroit fees for the services it provides to IA.
This website contains general information only and may not suit your particular circumstances. To decide if a policy is right for you please carefully read the relevant Product Disclosure Statement (PDS) and/or Policy wording. A copy of the PDS or policy wording is available by contacting our office on (03) 5331 8317.
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