Material Damage Protection
Covers accidental loss or damage to insured contract works, including permanent and temporary works and materials.
Contractors All Risk (CAR)
Protect Your Project. Secure Every Stage Of Construction.
Contractors All Risk (CAR) Insurance protects construction projects against accidental loss or damage during construction, and can also cover third-party liability for bodily injury or property damage.
Comprehensive Project Protection
Material Damage Coverage
Third-Party Liability Protection
Protection During Construction
Flexible Project-Specific Extensions
What Is Contractors All Risk (CAR)?
Understanding Contractors All Risk (CAR)
Contractors All Risk (CAR) Insurance protects construction projects against accidental loss or damage during construction, and can also cover third-party liability for bodily injury or property damage, subject to policy terms.
What Does It Cover?
- Accidental physical loss or damage to works under construction
- Temporary works, construction materials, and equipment
- Plant and machinery used at the project site
- Third-party bodily injury or property damage liability
- Debris removal and related expenses
Example:
If a partially completed structure is damaged due to a covered accidental event during construction, CAR Insurance can help cover the eligible cost of reinstating the damaged works. Where covered, the policy can also respond to third-party liability arising from the same incident.
Coverage Components
Comprehensive Protection At Every Level
Third-Party Liability Protection
Protects against the insured's legal liability for accidental bodily injury or property damage to third parties arising from the construction project.
Construction Plant & Machinery
Can protect specified construction plant, machinery, equipment and tools used on the insured project against covered accidental loss or damage.
Debris Removal
Covers eligible expenses for removing debris after insured loss or damage to the project, subject to policy limits and conditions.
Escalation
Allows for increases in construction costs during the policy period, such as material and labour, subject to the selected limit and conditions.
Maintenance Period Protection
Where selected, cover can extend into the maintenance period for specified loss or damage under the maintenance clause.
Additional Project Extensions
Where selected, protection can extend into the maintenance period for specified loss or damage covered under the maintenance clause.
Advisory Support
Protect Yourself Before Risk Finds You
Every project has its own timeline, obligations, site conditions and risks. We structure CAR solutions around your requirements.
- 1.
Project Risk Assessment & Needs Analysis
We understand the project scope, contract value, construction period, site conditions, contractors and key exposures.
- 2.
Policy Design & Placement
Our specialists structure appropriate limits, deductibles, extensions, and liability protection and place the risk with suitable insurers.
- 3.
Policy Documentation & Support
We coordinate policy documentation to ensure the agreed project details, coverage and extensions are accurately reflected.
- 4.
Dedicated Claims Advocacy
Our team supports the claims process from initial notification through documentation, insurer coordination, assessment, and resolution.
- 5.
Annual / Project Review & Policy Closure
We monitor project changes and support amendments, extensions, maintenance-period needs and final closure.
Ready To Explore Contractors All Risk (CAR)?
Protect your construction project with coverage designed around its specific risks and requirements.
Frequently Asked Questions
Answers to Common Insurance Queries
These factors influence the material damage exposure, third-party liability, extensions, deductibles and duration of the insurance programme.
Construction risks can continue through testing and commissioning, making the scope and duration of these provisions important for continuity of protection.
Equirus Raghnall evaluates contract value, project duration, construction methodology, location, contractors, extensions and liability exposure before negotiating with suitable insurers.
Changes in project scope, contract value, duration or work stage are reviewed and coordinated with insurers to maintain appropriate coverage.
