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Contractors All Risks Insurance


Contractors All Risks Insurance (CAR)


What is CAR?

It is to protect the owner, tenant or contractor to provide comprehensive all-risk protection for related property construction, installation, decoration, renovation or maintenance, etc. The scope of protection covers engineering materials and equipment, as well as third party liability, and is divided into the following two parts:


Part I

property insurance

Material Damage

(material damage)

Part Two (Section II)

Third Party Liability Insurance

Third Party Liability

During the construction period, guarantee the loss or damage of engineering materials in the construction site due to fire, flood or unforeseen accidents. The amount of insurance depends on the project cost .

During the construction period, protect the contractor, owner or tenant from the legal liability of the third party for personal injury or property damage due to accidents caused by negligence, including legal litigation expenses arising therefrom.

When should I insure?

1. Contract requirements

Note: If the insured company is a contractor, the scope of coverage is only applicable to sub-contractors and below. Employees of the owner's main contractor, etc. and their subcontractors will not be covered.

2. If you need insurance, please submit the required information to our company for quotation 14 working days before the start of the project contract date .


Insurance notice and required information:

*Must provide accurate and detailed information, including:

1. Name of the insurance company (Insured Name)

2. Owner tenant name (Principal Name)

3. The validity period of the policy (Period of Insurance)

4. Insured contract works

5. Contract Site

6. Contract Sum

7. Limit of Indemnity for any one accident

8. Client Conditions