Structural Defects Liability insurance was originally designed to be taken out by Commercial Builders in Victoria to support their registration. BRIC can negotiate cover Australia-wide. The policy covers legal liability arising out of Structural Defects in completed projects.
BRIC has had an exclusive arrangement to deliver Commercial Structural Defects Liability Insurance across Australia for over 10 years.
Our product covers legal liability arising out of Structural Defects in the structural works of commercial projects.
Cover is arranged via Liberty Specialty Markets, an A rated Australian Prudential Regulation Authority (APRA) approved insurer.
Whilst this insurance is no longer a statutory requirement of the Commercial Builder registration in Victoria, if you have previously purchased a Structural Defects policy, we recommend you continue to purchase the insurance to maintain ongoing cover for past and ongoing work.