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Renovation contractor insurance

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Renovation contractor insurance, tailored for your business.

As a renovation contractor, you need comprehensive but affordable coverage against property damage, public liability, and worker injuries. Renovation contractors insurance from Provide starts with property insurance, so that your premises and inventory are protected. You’ll also want to cover yourself against staff injuries and Covid-19 infections, public liability, and employee theft. 


It’s quick, tailored, and affordable cover with Provide.

What types of insurance do renovation contractors need?



Importance for interior design and renovation industry

Professional indemnity insurance

Covers negligence, errors and omissions, professional mistakes that result in faulty/defective works


Contractors all risk

Covers 3 main risks in one policy:

–       Damage to client’s property during renovations

–       Injuries to third-parties (e.g. members of the public)

–       Work injury compensation for your renovation staff


Foreign worker medical insurance

Covers medical expenses (e.g. hospitalisation and surgery)

Compulsory for foreign workers

Performance bonds

Covers any faulty/defective construction work you perform that doesn’t meet client requirements

Compulsory for certain project tender agreements

Machinery and Equipment

Covers damage/breakdowns of renovation equipment (e.g. power tools, etc.)

Good to have


Commercial property insurance

shop fire insurance

Commercial property insurance will protect your store premises, business inventory, display windows, and all other shop contents.

Public liability insurance

public liability insurance

Public liability insurance will protect you from liability for injuries/property damage to third-parties. 

Fidelity guarantee insurance

fidelity guarantee insurance

Fidelity guarantee insurance will protect you from employees stealing from your business.

How much does renovation contractor insurance cost?



Coverage amount (example)

Typical premium

Professional indemnity insurance



$1 million

From $500/year


From $1,000/year

Contractors all risk

For single project cover:

Project value: <$250,000


Project value: <$500,000


For annual cover (multiple projects):

$1 million


For single project cover:

From $250/year


From $450/year


For annual cover (multiple projects):

From $900/year


Foreign worker medical insurance

$15,000 (minimum amount legally required by MOM)

From $65/year per worker

Performance bonds


From $900 (one-time payment, per bond)

Machinery and equipment breakdown insurance


From $400/year

Why use Provide for renovation contractors insurance?

– Save up to 25% on your premiums 
– Compare quotes from multiple insurers
– Industry experts to provide tailored advice
– Available by phone 7 days/week 

Compare renovation contractor insurance quotes, from as low as $20.83/month.

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