Independent Contractors Liability Insurance Australia :: RGIB Contractors & Sub-Contractors Insurance

Welcome to RGIB's Welcome to RGIB's Independent Contractors Insurance Centre

Including Sub-Contractors insurance cover

If you’re a Contractor or Sub-Contractor one of the first things you will have to do, is arrange insurance to protect yourself against liabilities and losses that could arise as a result of work you perform under a contract.

RGIB’s Insurance Broking team have decades of experience arranging broadform liability insurance for a wide range of independent Contractors & Sub-Contractors; including for:-

Building Contractors
Consultants & Management
Drilling Contractors
Demolition Contractor
Earthworks & Excavation
Electrical Contractor
Environmental Services
Farming Contractors

Fencing Contractors
Forestry Contractors
Government Services
Insulation Contractor
Landscaping Contractors
IT & Software Development
Machinery Operators
Mining Contractors

Pesticide Contracts
Pipeline Contractors
Plumbing Contractor
Power-Line Inspection
Roofing Contractor s
Security Contractors
Truck Drivers
Welding Contractors

While there are many variables to be considered, in most cases we can secure your Contractor’s insurance on the same day you contact us; it’s usually an easy process with hardly any paperwork to complete:-

Insurance can start from as little as $700.00 for up to $10m Public Liability
Insurance for small self employed Contractors

A bit about Contractor insurance

Contractor insurance is usually is taken out by a Contractor to protect themselves’ against potential risks and liabilities that could arise as a result of the services provided under the contract.

The type, scope and complexity of insurance cover required is usually dependent on the type of services to be provided under the contract; for instance a Contractor providing ‘building services’ will have very different and far more complex insurance needs to that of a Contractor engaged in a community ‘clean-up operation’ such as Contractors who clean up parks and public areas after a community event.

However, both types of Contractors will have to have some broad form of Public Liability insurance cover as an initial starting point.

The major difference between Contractors & Sub-Contractors

Contractors – are independent and provide their services to Clients subject to the terms of agreement set out in a ‘contract’ between the Contractor and the Client. The ‘contract’ will set out the terms, conditions and obligations of each party to the other; including in respect to such matters as liabilities and limitations of such between the parties; i.e, ‘ABC123 Pty Ltd’ trading as ‘Bob’s Bobcats & Earthmoving’ hereinafter referred to as the Contractor’ agrees to provide……..services….to Mr John Smith hereinafter referred to as the ‘Client’

Sub-Contractors - will usually provide their services to the Contractor but, will not necessarily be a party to the contract between the Contractor and the Client. In most cases, the Sub-Contractor will need to have their own Sub-Contractors liability insurance cover as they will not usually be included under the Contractor’s insurance cover; nor for that matter under the Client’s insurance cover if the Client has any.

Contractors and Sub-Contractors need their own insurance cover.

Most Common Types of Contractors & Sub-Contractor’s Insurance Cover

Public Liability Insurance

broadform Liability
injury claims to third parties
damage to property

Contract Works - Contract All Risks

fire
theft
water damage
malicious damage
storm & tempest
cyclone damage
earthquake
subsidence & landslip
accidental damage [optional]
+ tools of trade [onsite or 24/7 offsite]

Machinery Insurance

material damage &/or loss
heavy & light machinery
comprehensive truck insurance
fixed plant & equipment
skid steer & wheeled machinery
operational liability – all risks
towage & recovery costs
machinery breakdown

Product Liability Insurance

injury or loss caused to third parties
defect & design faults
storage, care custody & control
product recall insurance [optional]

Pollution Insurance

accidental release of harmful chemicals
ground &/or waterways contamination
noise & environmental pollution
chemical drift

Surety & Contractual Bonds

Bonds & Sureties
Warranty Bonds
Performance Guarantees
Builders Warranties

Risk Management

Claims Management Services
Political Risk Insurance
Directors' & Officers' insurance
Sub-Contractors Insurance
Workers’ Compensation
Sickness & Accident – Income Protection

Navigating the fine print

There are many Exclusions and Limitations to ‘standard Contractors insurance cover given the many variables of work performed under contracts.

For instance, most ‘standard’ Contractor insurance policies exclude the following events unless specifically endorsed as additional cover on the policy.

Contract Works Insurance

Machinery Breakdown
Cessation of Work
Consequential Loss
Design, Material & Workmanship
Unexplained Loss of Inventory
Paper Records and Money
Tools of Trade
Underground Boring
Vehicles, Watercraft and Aircraft
Wear and Tear

Public Liability – General

Failure of the Contract or Agreement
Demolition &/or Explosives
Libel and Slander
Loss of Use of Property
Fines, Penalties and Damages
Personal Injury to Employees
Pollution & Asbestos Removal
Giving Professional Advice
Property in Care, Custody or Control
Failure of Specification, Formula or Design
Underground Services
Vehicles [registered or not]
Vibration, Weakening or Support Removal
Watercraft or Aircraft
Asbestos Removal & Treatment
Electronic Data or Money
Loss from Fungus, Mildew and Mould
Internet Operations
Radioactive Contamination
Terrorism & War etc’

These are important points to consider because, just like the ‘fine print’ for flood cover on many policies issued by well-known household named insurers, you need to be assured that the work you’re performing under a contract is properly covered.

That’s where we come in because, RGIB Insurance Broking has the experience and dedication to ensure our Contractor and Sub-Contractor clients that they get insurance cover which is robust enough to meet any challenges which could simply wreck their business..

Trans-Tasman Insurance – Australia & New Zealand

If you’re doing business across the Tasman or in one of our neighboring Pacific Island Nations we can arrange a single Liability Insurance Policy to cover your liability risks in each country, doing away with the need to have two separate policies which is far more expensive and unnecessary option.

RGIB’s expert advice & broking services

The key to your success on any contract is getting things right from the start; and that includes getting the right insurance contract before you commence work under any contract - so that no matter what happens along the way you can still succeed in your endeavors to build your business.

RGIB’ is not an insurance company; we’re a Nationwide Insurance Brokerage and that means we will act on your behalf to secure you the best insurance cover to suit your project’s requirements, and always on the best terms available.

Just call or email us and we’ll do the leg work for you; and when it comes to claims, you can be assured of our expert advice and support all the way to settlement because it’s our job to provide you a complete insurance service from policy cover to claims.

Lower Premiums – Better Terms - Always