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What our users say:

June 26
Got an honest answer for my quote
Got an honest answer for my quote
Pauline Von Rhedey
June 26
quick,easy
quick, easy
quentin zientara
June 26
The agent was very helpful
The agent was very helpful
Lahsen Oujaa
June 24
Maria was Profesional and made the process so easy
For the first time getting insurance there was no hassle thxs
Jonathan Bevan
June 24
Quick and painless
Quick service and a straightforward interface. Nobody tried to sell me on someth...
ALLEN
June 24
Awesome experience
So helpful and found me an amazing rate. Real people helping you from Canada. Ex...
Powla Allison
June 24
Should contact you guys
They give me the quote what I am looking for .
Chaudhry ghafoor
June 23
Great company
Great company
Jennifer
June 23
Main quote was close but wouldn’t let…
Main quote was close but wouldn’t let me try other companies.
MS
June 22
The staff get back to me quickly and…
The staff get back to me quickly and connect me to the broker right away after t...
Cao Sam Tran
June 20
Quick response and excellent service
Quick response and excellent service
Zurab Tinikashvili
June 20
Broker was knowledgeable
The call with the licensed broker was good and he answered all my questions
Mafalda Fernandes
June 19
Helpful
Helpful, friendly
Saeed Abdelfadil
June 19
Quick response/best rates
Explained all steps for me to understand.
Abdul Nasir
June 18
Insurance Quote
The quote was very quick and the broker answered all my questions. Thanks Raf
Ed

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What is construction insurance?

If you’re in the construction business, you already know it’s not just about swinging hammers and pouring concrete. There are a million things that can go wrong on a job site—unexpected accidents, damage to property, or even theft of your tools. That’s where construction insurance comes in. It’s your safety net, helping protect your business from all those “what if” moments. Whether you’re a contractor, builder, or subcontractor, having the right insurance means you won’t be left high and dry if something goes sideways.

What does construction insurance include?

Construction insurance isn’t one-size-fits-all, but here are some key coverages you’ll likely need:

Recommended add-ons for construction insurance coverage

To make sure you’re fully covered, consider adding these extras:

Common types of construction insurance claims

You might be surprised by how often things go wrong on a job site. Here are some common claims construction businesses in Canada face:

How much does construction insurance cost in Canada?

The cost of construction insurance in Canada can vary quite a bit, depending on factors like the size of your business, the number of employees you have, the type of work you do, and the coverage you need. On average, you might pay anywhere from $1,500 to $5,000 per year for a basic policy. It sounds like a lot but considering the potential cost of an accident or lawsuit, it’s a small price to pay for peace of mind.

How to get the cheapest construction insurance rates

Looking to keep your insurance costs down? Here’s how you can do it:

Construction insurance in Canada: what you need to know

Construction in Canada comes with its own unique challenges. From harsh winters that can slow down your projects to strict building codes that vary from province to province, you need insurance that’s as tough and flexible as you are. Plus, each province has its own rules about workers’ compensation and licensing, so it’s crucial to make sure your coverage is up to date and meets local requirements. Working with an insurance broker who understands the Canadian construction landscape can help you get the right protection for your business.

Your questions about construction insurance, answered

 

Can construction insurance cover natural disasters?

Yes, certain policies, like builder’s risk insurance, can cover damages from natural disasters such as floods, earthquakes, and storms, depending on the terms of the policy.

What are some common exclusions in construction insurance policies that businesses should be aware of?

Exclusions can include wear and tear, faulty workmanship, certain natural disasters, and intentional damage. It's crucial to read and understand policy exclusions to avoid unexpected gaps in coverage.

Does construction insurance cover subcontractors and their work?

Yes, construction insurance can cover subcontractors, but it's crucial to confirm this with your provider. Coverage usually safeguards against accidents or damages, though subcontractors might need their own policies for full protection. Always check your policy details to ensure comprehensive coverage.