Construction insurance is designed to cover your operations against the unique risks and complexities of the construction industry.
No matter the size of your business, whether you work on residential projects, large commercial constructions, major developments, or civil contracts, a construction-specific policy offers greater protection than standard business insurance.
For over 40 years, we’ve been finding the right insurance policies for various construction projects, large and small. Talk to our team about the following insurance covers today and ensure you have quality coverage when you need it most.
The building and construction industry involves high-risk situations that can lead to significant consequences when something goes wrong. From using complex, high-cost equipment to being responsible for the structural integrity of a new build, the scenarios in which a business can be legally liable for an incident are endless. Having the right insurance cover protects you from expensive legal fees, business interruptions, and damage to your business’s reputation. Key benefits include:
Construction insurance helps identify and mitigate potential hazards on the job site. By having proper coverage in place, businesses can proactively manage risks, ensuring that any incidents are dealt with swiftly and effectively, reducing the chance of financial loss and reputation damage.
You gain peace of mind knowing that you are protected from unexpected expenses, such as legal fees or repair costs due to accidents. This security allows businesses to focus on growth and operations rather than worrying about their financial situation.
Having the right insurance in place enhances your business’s credibility. Potential clients are more likely to trust a company that demonstrates a commitment to safety and professionalism, leading to increased opportunities and partnerships in the industry.
Insurance coverage allows contractors and workers to perform their jobs with confidence. Knowing that they are covered in case of accidents means teams can focus on their work, contributing to a safer and more productive work environment.
Regional insurance brokers are ready to assist you in managing your policies and ensuring appropriate coverage for your construction business. We search the insurance market for relevant policy options customised to meet your business needs and the risks that may affect your operations. We conduct thorough risk analyses for every business, pinpointing specific risks to tailor our insurance services accordingly.
Insurance can be a complex process, navigating through the various products, covers available, exclusions and confusing terminology. Having an experienced insurance broker on your side helps ensure your specific needs are assessed, and you get the insurance program that works for you. With a diverse client base, we’ve honed our risk analysis and policy wordings to address potential gaps, ensuring coverage for all aspects of your construction project.
Premium Funding is a financial management service that can help your business manage its cash flow and preserve working capital by spreading the cost of your insurance premiums instead of lump sum payments. At Regional, our brokers can assist with funding arrangements for your insurance program.
Protecting you and your team against management and operational risks.
Helping cover your financial losses if your business falls victim to a cybercrime.
Own or responsible for one or more business vehicles? Cover for unintentional damage to your vehicle or a third party vehicle.