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AUTHOR
Luke Prior
Director
Luke has over 25 years experience working as an Insurance Broker in the General Insurance Market. Making the most of every opportunity to exceed client expectations is what drives him. Joining Atlantic Insurance as a Director in 2017 Luke spent the first 20 years of his career in the insurance industry working as an Assistant Account Executive, Account Executive and Commercial Team Leader at a privately owned Insurance Broker which was later bought by a large International Broker where Luke led a large team of Insurance Brokers for this organisation as a Branch Manager. His passion for growing and fostering positive relationships with clients and providing them with effective insurance solutions is always at the core of what Luke does, treating every interaction as an opportunity to exceed client expectations.
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AFSL 246369
CREDENTIALS OR QUALIFICATIONS
Luke holds a Bachelor of Business, Diploma of Financial Services (Broking) and is a qualified CIP and QPIB.

Public Liability vs Contract Works Insurance: Why Commercial Builders Often Need Both

Commercial builders are often required to arrange multiple insurance policies before construction begins. Two of the most commonly discussed are Public Liability Insurance and Contract Works Insurance. While they are frequently arranged together, they serve very different purposes.

One of the most common misconceptions among builders is that one policy automatically provides the protection offered by the other. In reality, they are designed to respond to different types of risk throughout a construction project. Understanding where each policy applies can help builders avoid insurance gaps that may only become apparent when a claim occurs.

Public Liability Insurance protects against third-party claims

Public Liability Insurance is designed to protect a business where it is alleged to be legally liable for personal injury or property damage suffered by a third party as a result of its business activities, subject to the policy wording, limits and conditions.

For commercial builders, third-party risks can arise every day. Construction work often takes place alongside occupied buildings, neighbouring businesses, public roads and shared access areas, creating opportunities for accidental damage or injury.

Examples may include:

Where legal liability is established and the circumstances fall within the policy terms, Public Liability Insurance may assist with legal defence costs, settlements or compensation.

Contract Works Insurance focuses on the project itself

While Public Liability Insurance protects against claims from third parties, Contract Works Insurance is generally concerned with protecting the construction project before it reaches practical completion.

Commercial construction projects accumulate value every day as labour, materials and subcontractor work are incorporated into the building. If an insured event damages the project before handover, significant reconstruction costs may arise.

Depending on the policy wording, Contract Works Insurance may help protect:

Unlike Public Liability Insurance, Contract Works Insurance is not generally intended to respond to claims involving third-party injury or damage where legal liability is alleged.

Why commercial builders often require both policies

Because each policy protects different risks, commercial builders commonly arrange both as part of a broader insurance strategy.

Consider the following examples.

Scenario one: Storm damages a partially completed building

A severe storm damages the roof structure of a warehouse that is still under construction.

The claim relates to repairing the project itself rather than damage suffered by a third party.

Depending on the circumstances and policy wording, Contract Works Insurance may respond to insured damage to the works in progress.

Scenario two: Construction materials damage neighbouring property

During construction, unsecured materials are blown into an adjoining business, damaging windows and vehicles.

The project itself has not been damaged, but another party has suffered property damage.

If the builder is legally liable and the claim falls within the policy terms, Public Liability Insurance may respond.

Scenario three: Fire damages the project and neighbouring premises

A fire spreads from the construction site, damaging both the partially completed building and an adjoining warehouse.

In this situation, separate insurance policies may become relevant.

Contract Works Insurance may respond to insured damage affecting the project under construction, while Public Liability Insurance may respond to claims relating to damage suffered by the neighbouring property owner where legal liability exists.

These examples demonstrate why relying on only one type of insurance may leave important exposures uninsured.

Building contracts often require both forms of insurance

Commercial construction contracts frequently specify minimum insurance requirements before work commences.

Depending on the project, builders may be required to arrange:

Contracts may also specify:

Holding insurance is only one part of meeting contractual obligations. Builders should ensure the policies arranged satisfy the requirements contained within the contract.

Existing structures require careful consideration

Many commercial construction projects involve refurbishments, extensions or alterations rather than entirely new buildings.

This introduces another important distinction between Public Liability Insurance and Contract Works Insurance.

Neither policy should be assumed to automatically protect existing buildings simply because construction work is occurring.

Responsibility for existing structures may depend on:

Clarifying these responsibilities before construction begins can help avoid misunderstandings if a loss occurs.

Insurance gaps often arise through assumptions

Many claim disputes occur because builders assume one policy responds when another policy was intended to address that exposure.

Common examples include assuming:

Insurance should always be reviewed in the context of the project, contractual obligations and business operations rather than relying on policy names alone.

Reviewing insurance as projects become more complex

As commercial projects increase in value, insurance arrangements often become more sophisticated.

Builders may need to review:

Working with an insurance broker can assist builders in understanding how different policies interact and whether additional protection should be considered for more complex developments.

Understanding the distinction between Public Liability Insurance and Contract Works Insurance is an important part of building a well-structured insurance program. Our guide to Commercial Builders Insurance in Victoria explains how these policies fit within a broader insurance strategy that supports commercial builders throughout the construction lifecycle.

Although these two policies are often discussed together, they protect different aspects of a commercial construction project. Public Liability Insurance focuses on claims involving third-party injury or property damage, while Contract Works Insurance is generally concerned with protecting the project itself before completion. If you’re reviewing insurance for an upcoming commercial development in Victoria, we can help assess your contractual requirements and arrange an insurance program that aligns with your business and the projects you undertake.

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