Whether you're a homeowner planning your dream kitchen reno or a tradie pricing up your next build, there’s one important question to ask before the tools come out:

Have you got a Contract Works policy in place?

Most people don’t realise that standard house or business insurance often won’t cover construction-related damage - and if something goes wrong during the build, the financial fallout can be huge.

That’s why Contract Works Insurance exists. It’s designed to protect builders and property owners during the construction phase, whether it's a major renovation, a new build, or even just structural work that temporarily exposes your home.

What Is Contract Works Insurance?

Contract Works Insurance covers accidental damage to a building project while it’s under construction and during the maintenance period. It can protect against things like:

• Fire
• Theft of materials
• Storm or flood damage
• Vandalism
• Accidental resultant damage to existing structures

Without it, you could be left footing the bill — even if someone else was at fault.

For Homeowners: Renovating? You Might Need This

If you're doing anything more than minor cosmetic work (like replacing carpet or painting), it’s worth checking whether Contract Works Cover is needed, especially as your existing home insurance policy may not respond to damages cause by the renovations. This is especially important if:

• You’re knocking out walls, extending your home, or building a new structure
• Your renovation affects the roof, plumbing, or electrics
• Your bank or mortgage lender requires evidence of cover
• You’re hiring builders or tradespeople to do the work
• The renovations require a consent and/or will cost over $25,000

Tip: If your project is small, talk to your insurer - they’ll let you know whether it can be covered under your existing policy or if a separate Contract Works policy is required.

For Builders & Tradies: Covering All Your Projects

If you’re working on renovations or small builds throughout the year, you can either:

• Take out one-off Contract Works Cover for each job
• Or, streamline the process with an annual policy that covers all qualifying projects

The key is to understand your responsibilities, especially if you’re subcontracting or working under someone else’s project management. In many cases, it’s your job to make sure insurance is in place.

And because Contract Works is a complex policy with lots of moving parts (project value, timeline, responsibilities, materials), it’s important to get expert help when setting it up.

Peace of Mind for Everyone Involved

Contract Works Cover isn’t just a box-ticking exercise - it protects everyone involved in a build:

• Homeowners avoid costly delays and repair bills
• Builders stay compliant and reduce liability
• Insurers get clear visibility over risks and responsibilities

Not Sure What You Need?

We’ll help you figure it out. At The HTL Group, we can:

• Review your project or building plans
• Talk to your bank or insurer if needed
• Set up the right policy (whether it’s one-off or annual)
• Make sure you understand the paperwork

Contact us today to discuss your project and get the right protection in place before you start.