engineering insurance

contractors all risks insurance

Build with full momentum.

overview

contractors all risks (CAR) insurance is engineering insurance that covers any unforeseen and sudden physical loss or damage to contract works, construction plant, equipment and/or construction machinery from any cause whilst at the site during the period of insurance unless specifically excluded under the policy.

policy highlights

key coverages

Material damage cover

Covers you against physical loss or damage to your construction works
Principal existing property cover

Protects you against loss or damage to property located on or surrounding the site belonging to or held in care, custody or control by you
Third-party liability

Covers you against legal costs and expenses which you may be legally liable to pay as damages due to property damage or accidental bodily injury to third parties

extended coverages

Faulty material, design, construction and erection
Vibration, mal-adjustment or mal-alignment
Defective lubrication, loosening of parts, abnormal stress, molecular fatigue, self-heating centrifugal force
Excessive electrical pressure, due to atmosphere electricity or otherwise
Short circuits or arcing
Lack of skill and carelessness in handling the machinery