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For your business

Contractor and renovation insurance

Cover for building and renovation works: damage to the works themselves, and your liability to neighbours and the public.

  • Damage to the works, materials and plant while the job runs
  • Public liability for injury to people or damage to neighbouring property
  • Cover from the start of work to handover, with a maintenance period

Ask for a quote

Tell us a little about your business. We’ll send you options and prices, usually within two working days.

Optional

Optional. What you do, how many staff, and anything you already have in place.

There’s no online price for this cover. An insurer quotes it from what you tell us. We only share your details with the insurers quoting for you.

What it covers

  • Damage to the works, materials and plant while the job runs
  • Public liability for injury to people or damage to neighbouring property
  • Cover from the start of work to handover, with a maintenance period
  • The owner, main contractor or management corporation named on the policy where the contract asks for it
  • Performance and deposit bonds arranged alongside the works cover

Who needs it

  • Renovation contractors working in HDB flats, condominiums, offices and shops
  • Builders and subcontractors who must show insurance before starting on site
  • Homeowners and tenants whose building management requires cover for their renovation

What contractor and renovation insurance is

One policy for a job on site, usually called contractor's all risks. It has two halves: damage to the work itself — the works, materials and plant, from the day you take possession to handover — and public liability if the job injures someone or damages property that isn't yours, like the flat downstairs or the building's common areas. Building managements, HDB and main contractors routinely ask to see this cover before work starts, and often ask to be named on the policy.

What we need to quote

  • The contract value and what the works are: renovation, fitting-out, addition and alteration, or new construction
  • Where the job is: an HDB flat, a condominium, an office, a shophouse or an industrial unit
  • When work starts, how long it runs, and the maintenance period after handover
  • Who must be named on the policy: the owner, the main contractor, the management corporation
  • The public liability limit the contract or the building management asks for
  • Claims in the last three years

Before you choose

  • One job or the whole year. A single-project policy suits one big job. A contractor doing many small renovations is usually better off with an annual policy that covers every job up to an agreed size, with one renewal.
  • The liability limit is often set for you. Condominium managements commonly require S$1 million or more, and ask for the management corporation to be named. Check the renovation permit conditions before you buy.
  • Workers are separate. Injuries to your own workers are a work injury compensation claim, not a public liability claim. Make sure your WICA policy is in force for every job.
  • Bonds are separate too. A performance bond or deposit guarantee is a promise to pay if the job isn't finished, not insurance against damage. We can arrange both at the same time.