Construction Insurance

In construction, time is money. When opportunities arise, you need to be ready to go – and you’ll need a construction insurance policy that works hard to help keep your company protected and competitive.

Who needs construction insurance?

Our construction insurance products can cater to a variety of diverse construction subsectors, including:

  • Infrastructure
  • Residential
  • Commercial
  • Institutional

As the Canadian construction industry forges ahead, new opportunities, developments, and risks are arising. Do all construction professionals need insurance? The short answer is yes, but in many cases, a generic insurance policy won’t measure up.

Construction risks can vary in size and complexity, and they can evolve throughout a project.

Are you a contractor?

If you work in concrete contracting, general contracting, electrical contracting, or interior contracting, your insurance needs may be different.

Learn more about our customized contractors’ insurance!

What does construction insurance cover?

From property damage protection to legal support, construction insurance can work for your business in many ways. Here are a couple of common – and crucial – coverages for construction companies:

Builder’s Risk

Builder’s Risk

A type of property insurance designed to indemnify the project owner and contractors for their labour, equipment, and building materials during the course of the construction project.

As a construction project unfolds, more materials accumulate, and more effort goes into the work. Unfortunately, risks are ever-present, and if something were to damage or interrupt a large project that was already well underway, losses could total in the millions. That’s why Builder’s Risk is so important: it covers some common perils – such as fire or theft – that can damage the build and result in a loss. Learn more about builder’s risk

Wrap Up Liability

Wrap Up Liability

Wrap Up Liability is widely used in large construction contracts, where many parties need uniform coverage and each may need to access the coverage individually. Like Commercial General Liability, this single policy is designed to protect construction contractors and subcontractors from third party and general liability exposures.

In short, this coverage can support construction workers, managers, and project owners if a lawsuit is brought against them during the project. Wrap Up Liability can be purchased by either the project owner or the contractor. Learn more about wrap up liability

These two coverages are just the beginning. Some other important features in a construction insurance policy include:

  • Project Interruption
  • Property Insurance
  • Contractor’s Equipment and Tools Insurance
  • Business Income Insurance
  • Equipment Breakdown Coverage
  • Crime Coverage
  • Inland Marine Insurance
  • Commercial Automobile Coverage
  • Commercial General Liability Insurance
  • Umbrella Liability Insurance
  • Excess Liability Insurance
  • Directors & Officers Insurance

How can our construction insurance help your business?

Your insurance coverage should help you finish the job on time, no matter what happens. From project-specific insurance policies to comprehensive bonding solutions, our construction insurance policies have the features your business needs to stay protected and successful.

Construction Project Insurance

Construction Project Insurance

A tailored package that addresses specific exposures within new construction projects, including residential, commercial, institutional, and infrastructure. Learn more about construction project insurance



A wide selection of contract surety bonds to align with your specific coverage needs before, during, and upon completion of your project. Not sure if you need it? Learn more about surety

Take the first step toward your new and improved policy.

Our comprehensive coverage means less hassle, closer attention, and a streamlined experience for you and your company.

Request a quote today!

What can you expect from your policy?

Construction insurance - Knowledge:


Our underwriting team understands the changing exposures of the construction sector, so we can adapt and expand our offerings as our customers’ needs grow. This means we’ll be able to get you up and running again quickly after an unexpected incident.

Construction insurance - Resolution:


We hope you never experience a loss, but if you do, you can count on our dedicated claims team to help get you back to business quickly. We’ll work together with your broker to get the claims process underway as soon as your claim is reported, and we’ll always keep you in the loop. If any questions or concerns should arise, don’t fret – we’re here for you 24 hours a day, 7 days a week.

Construction insurance - Support:


You can enjoy the perks of your policy well before you experience a loss – our Risk Services team works hard to help keep your operations running safely, smoothly and consistently.

We take your coverage a few steps further

Unparalleled industry expertise, professional guidance, and innovative approaches to managing risk help our Northbridge Risk Services experts stay one step ahead of the crowd. Each year, our team conducts over 5,000 risk assessments and service calls for businesses across Canada. Our onsite assessments are complemented by a selection of in-depth training programs and educational tools to help companies excel in their industries.

Our Risk Services team offers a number of technical publications to help you gain a better understanding of the potential exposures in your operation. We’re always adding more Risk Insights to our library – check back often to see what’s new.

If you’d like to receive an electronic or printed version of any of our Risk Insights, please contact your Risk Services consultant or your broker. You can also tap into our expert advice as we explore risk management topics on the Northbridge Insurance blog.

Ready to get the coverage your business needs?

Request a quote now!

We know the construction sector, and we like to talk about it!

Check out our tips, guides, and blogs that can help you stay ahead.

Surety in Canada

September 11, 2019 / 0 Comments

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