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Why rising builder failures matter for contract works cover Why rising builder failures matter for contract works cover
17 Sep 2026: Paige Estritori

Australia's construction sector remains under pressure, with recent insolvency figures continuing to show building and construction as one of the most exposed parts of the economy. Higher material costs, tight margins, labour shortages, delayed payments and fixed-price contract stress have all contributed to a tougher operating environment for builders, subcontractors and project owners. - read more

Contract Works Insurance Articles

What Does Contract Works Insurance Cover? Inclusions, Exclusions and Limits Explained
What Does Contract Works Insurance Cover? Inclusions, Exclusions and Limits Explained
Contract works insurance can help protect construction projects against physical loss or damage, but the scope of cover depends on the policy wording, project type, limits and exclusions. - read more
How Much Does Contract Works Insurance Cost? Key Factors That Affect Premiums
How Much Does Contract Works Insurance Cost? Key Factors That Affect Premiums
Contract works insurance premiums vary because insurers assess the project value, construction type, site risks, duration, cover limits, excesses and the builder's claims history. This guide explains the main cost factors Australian builders and contractors should understand before requesting quotes. - read more
Single Project vs Annual Contract Works Insurance: How the Policy Types Differ
Single Project vs Annual Contract Works Insurance: How the Policy Types Differ
Single project and annual contract works insurance can both help cover construction works, but they are structured differently. This guide explains how each policy type generally works, when each may be considered and what Australian builders and contractors should check before arranging cover. - read more
Contract Works Insurance Requirements for Tenders and Construction Contracts
Contract Works Insurance Requirements for Tenders and Construction Contracts
Construction tenders and contracts often ask builders to show evidence of insurance before work starts. This guide explains common contract works insurance requirements, certificates of currency and related documents that may be requested in Australia. - read more

Knowledgebase
Peril:
A specific risk or cause of loss covered by an insurance policy, such as fire, theft, or flood.