Before any work commences you must already have insurance for your construction. Failure to do this step may mean no insurer wanting to cover your project.

Before the contractor commences any work under contract or is given access to the site the contractor must have insurance for:

  • Public Liability to an amount not less than $5M
  • Property damage (includes work in progress and materials)
  • Workers Compensation to cover any employees working on the site


Read more about this here


There are plenty of on-line insurance companies that offer free on-line calculators so you  will know the cost of insurance for your construction.

Once you have received your quote don’t forget to add it to your spreadsheet and detailed cost calculator.

Click here for your link to the calculators

Click here for your spreadsheets

Subcontractor Budget Spreadsheets (721)