Construction insurance in New Zealand is a specialized suite of commercial policies tailored to safeguard building projects, property developers, and contractors against financial devastation from unforeseen losses. It typically bundles Contract Works (Builders All Risk) insurance, public liability coverage, protection for construction plant and machinery, and transit insurance for building materials. These comprehensive packages ensure that accidental site damage, severe weather events, vandalism, or third-party injury claims do not halt construction or cause financial ruin.
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