Builder Insurance is crucial for construction companies working in dynamic and high-risk environments across Perth, Sydney, Melbourne, and Brisbane. With complex operations and valuable assets, construction businesses face diverse risks, from on-site accidents to unexpected property damage.
BAU Risk provides customized insurance solutions to protect against these threats, allowing builders to concentrate on their core tasks without constant concerns over financial setbacks or liability issues.
Serious claims in 2021
According to Safe Work Australia, the construction industry reported over 12,600 serious claims in 2021. Having Builder Insurance can mitigate such risks.
Does not recover
A report by the Insurance Council of Australia highlights that 40% of small businesses do not recover after a disaster without adequate insurance coverage.
Builder Insurance covers several critical areas, including property insurance, which protects assets and equipment from damage or loss; public liability insurance, which covers third-party injury or property damage claims; and business interruption insurance, which provides financial support during periods when operations are disrupted. Additionally, professional indemnity insurance offers protection against claims of negligence or errors in professional services.
For businesses with staff, workers’ compensation insurance is essential to cover employee injuries sustained on the job. Management liability insurance safeguards the company and its executives from potential legal and financial repercussions.
Protects assets and equipment from damage or loss.
Covers third-party injury or property damage claims.
Provides financial support during periods when operations are disrupted.
Provides protection against claims of negligence or errors in professional services.
Covers medical expenses and lost wages for employees injured on the job.
Offers protection against claims related to management decisions and actions.
By investing in Builder Insurance, companies can ensure they are protected against various risks, allowing them to operate smoothly and efficiently.
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Keeping your business covered, so you can keep business as usual.
BAU Risk Services Pty Ltd is a Corporate Authorised Representative (CAR No. 001308013) of Apollo Risk Services Pty Ltd AFSL 403727 and provides General Insurance and Risk Management Services to their Australia wide clientele.