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Public and Product Liability Insurance for Builders, Contractors, Subcontractors and Trades

If you provide products or services to your customers, it’s important to protect your business against claims of damage or injury that may arise from your business activity.

Licensed builders and contractors

Public and products liability insurance helps provide protection for legal liability to pay compensation (including legal expenses) to third parties in the event of the insured and any of their employees causing injury, death or loss of or damage to property arising out of your business operations, activities or products.

Specific benefits include:

  • Broadform liability wording covering personal injury and property damage claims
  • Automatic products liability cover for completed works following handover (subject to an ‘Annual’ policy being in place)
  • Completed operations extension provides cover and includes damage to the product itself, up to $1,000,000
  • Unintentional breach of copyright cover included
  • Automatic liability cover for registered vehicles whilst being used as a tool of trade
  • Automatic cover for vibration, removal and/or weakening of supports. (commercial works automatic limit $250,000, can be extended on application)
  • Automatic cover for property of others in your care custody and control to $50,000 (can be increased if required)
  • Cover for liability attaching to the builder arising from the actions of sub-contractors.
  • Liability for damage caused by faulty works (third party persons and property damage) after handover. A policy must be current at the time the damage occurs.
  • Legal expenses resulting from the defence of a claim, subject to insurer’s approval.
  • Unregistered vehicles liability on the worksite
  • This also includes liability arising from your business premises.

HIA Insurance Services can extend your policy to include Subcontractors liability; however we recommend that you insist that your Subcontractors and Tradies carry their own insurance package.

Policy types

Whilst you can select from annual or specific policies, we recommend  an annual cover to ensure you are buying protection 365 days a year, as ongoing issues can arise after project handover. 

Subcontractors & Trades

  • Public Liability insurance provides protection for you and your business against the financial risk of being found liable to a third party for death or injury, loss or damage to property, during the course of your work (Public Liability) or after your work has completed (Product Liability).
  • The nature of your business, its operations and products determines the level of indemnity you will require, and the structure of the appropriate cover and endorsements.
  • This also includes liability arising from your business premises.

1800 762 852