What is Contractors All Risk (CAR) Insurance?
A Contractors All Risk (CAR) policy is an essential, comprehensive insurance solution designed specifically for the construction and engineering industry. It provides broad coverage for property damage and third-party injury or damage claims arising during construction projects.
From the moment ground is broken until the project is handed over, CAR insurance protects the financial interests of principals, contractors, and sub-contractors against unforeseen physical loss or damage.
Key Coverage Features
Material Damage
Covers contract works, materials, and equipment on-site against physical damage from fire, floods, and accidents.
Third-Party Liability
Protection against legal liabilities for accidental bodily injury or property damage to third parties at the site.
Plant & Machinery
Optional add-on to cover costly construction equipment, scaffolding, and temporary buildings at the project site.
Maintenance Period Cover
Extended coverage for damages manifesting during the defect liability/maintenance period after project handover.
The Zenisk Advisory Advantage
Construction risks are dynamic. We meticulously review your project contracts to ensure the CAR policy limits align perfectly with the contractual obligations mandated by the principal, preventing costly liability gaps between contractors and sub-contractors.
Secure Your Project