Construction Insurance Services

Lay a solid foundation for your projects—explore our tailored construction insurance solutions and safeguard your work at every stage of your build.

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Protect Your Construction Project with Comprehensive Insurance Solutions.

Construction projects, whether residential or commercial, involve numerous risks that can disrupt your timeline, inflate your costs, or even bring your project to a halt. Construction insurance is designed to mitigate these risks, providing essential coverage that protects your investment, your business, and your reputation.

Risk Management

Safeguard your investment against unforeseen events and potential liabilities.

Peace of Mind

Focus on your project while we handle the risks involved.

Explore our range of construction insurance products

FAQs

Questions? We have answers

What does Builders Risk insurance cover?

Our coverage will help you protect your project site from unexpected events such as fire, theft, vandalism, or natural disasters.

Builder’s risk coverage covers the building and materials from the start of the project until it is completed and handed over.

What is Equipment Breakdown Insurance?

Course of Construction equipment breakdown insurance provides coverage during the high-risk phases of testing and commissioning and during the operation of equipment until the project is handed over to its owner.  This coverage pays for sudden and accidental physical damage to equipment that requires repair or replacement, bridging gaps found in Builder’s Risk property policies.  As technology and risk become more sophisticated, you can rely on Qube to provide industry-leading products and services for equipment exposures.

What types of equipment are covered by Equipment Breakdown Insurance?

Vital equipment installed during the course of a building’s construction such as air conditioning, heating and hot water, electrical, underground cables and building automation systems are vulnerable to failure for a variety of unforeseen factors, such as temperature extremes, dusty conditions, or improper installation.   While warranties cover manufacturer defects, they typically exclude losses caused by external factors and typically do not cover costs to remove and install replacement equipment or business interruption expenses.

What is Project Pollution Liability Insurance?

Project Pollution Liability Insurance covers environmental damage risks associated with construction projects, including spills and leaks.

Who needs Project Pollution Liability Insurance?

Construction companies and contractors engaged in activities with potential environmental risks should consider this coverage.

What is Wrap-Up Liability Insurance?

A standalone project-specific third party liability policy that provides coverage for all project participants including Owner, Contractor, Project Managers, trades, consultants and lenders.

Why is Wrap-Up Liability Insurance important?

This policy provides certainty and continuity of coverage for the project, standardized deductibles and policy limits, and will respond to covered claims regardless of who may be responsible for causing third party injury or damage.  A Wrap Up policy is often required as part of project financing terms and includes completed operations coverage for all project participants.

What is General Liability Insurance?

An annual policy that covers third party property damage or bodily injury as a result of the Insured’s negligence.

Who needs General Liability Insurance?

All commercial enterprises have liability exposures, including Developers, Contractors and Consultants.

Does General Liability Insurance cover third-party injuries?

Yes.  It covers claims made against an Insured for third party bodily injury or property damage as a result of the Insured’s negligence.

Still have questions?
Construction Insurance

Why Construction Insurance is Crucial

Construction projects involve significant financial investment. Unforeseen events can disrupt your operations, leading to costly delays and even project cancellations.

Construction projects involve significant financial investment.
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Mitigating Financial Risk

Construction projects involve significant financial investment. Without the correct coverage in place, an unforeseen event—such as a fire, theft, or lawsuit—could result in substantial financial losses.

Construction insurance mitigates these risks, providing financial protection that ensures your project can continue even in the face of adversity. By investing in comprehensive project insurance, your company can confidently move forward, knowing that it’s protected against financial setbacks.

Meeting Legal and Contractual Requirements

Most construction contracts and municipal permits require proof of insurance before a project can begin. This includes builder’s risk, general liability insurance, and other types of coverage.

Ensuring that you have the appropriate coverage in place not only meets legal and contractual obligations but also demonstrates professionalism and reliability to clients and stakeholders. Compliance with insurance requirements is key to maintaining smooth operations and securing future projects.

Protecting Your Reputation

In the construction industry, reputation is everything. Adequate insurance coverage helps protect your business from legal disputes, accidents, and other incidents that could harm your reputation. By having comprehensive insurance in place, you show clients and partners that you are committed to quality, safety, and professionalism.

Protecting your reputation with strong liability coverage not only preserves your current business relationships but also attracts new opportunities.

Ensuring Business Continuity

Unforeseen events can disrupt your operations, leading to costly delays and even project cancellations. Construction insurance plays a critical role in ensuring business continuity by covering the costs associated with these disruptions. Whether it’s repairing damaged property, replacing stolen materials, or covering legal fees, the right coverage keeps your business moving forward.

Construction businesses that invest in comprehensive coverage are better equipped to weather unexpected challenges and maintain their project timelines.

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Tailored Insurance Solutions for Construction Businesses

Construction insurance is not just a legal requirement or a box to check—it’s a critical investment in the success and sustainability of your construction business. By understanding the various types of insurance coverage available and how they apply to your project, you can make informed decisions that protect your business from financial loss and ensure that your work is completed successfully.

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Expert Advice
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Tailored Coverage
WHY US

Why Choose QubeRisk?

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Comprehensive Coverage

Our construction insurance policies are tailored to meet the unique risks of the construction industry.

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Customizable Plans

We understand that no two projects are the same. That's why we provide flexible insurance solutions that can be customized to fit the specific needs of your project, whether it's residential, commercial, or industrial.

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Expert Guidance

Our team of experienced insurance professionals specializes in construction. We’ll work with you to identify potential risks and ensure you have the right coverage to protect your assets and investments.

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Competitive Rates

Quality protection doesn’t have to come with a hefty price tag. We offer competitive pricing and various discounts to keep your insurance costs manageable.

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Prompt Claims Service

In the event of a claim, our dedicated support team is here to provide prompt and efficient service, helping you get back on track as quickly as possible.

Get your personalized quote today