Contractor's All Risk Insurance

The CAR Insurance policies generally issued for all types of civil Engineering projects like, Dwellings, office building commercial buildings, Godowns and warehouses, Hospital, Schools, all sort of factory buildings, cinemas, silos, stell structures, canal, tunnels, Drainage systems, road and sewer systems, Hangers, Dams, Bridges, Water supply lines, construction work in relation to Electric power houses, ports and all others construction work depending upon merits of the contractors and quantum of the project.


Scope of Cover

CAR insurance provides an ‘All Risks’ cover i.e. every hazard which is not specifically excluded. This means that any sudden and unforeseen loss or damage occurring the period of insurance to the property insured on the construction site will be indemnified normally. The CAR Insurance Policy covers the following perils:

  1. Fire & Lighting
  2. Accidental damage during construction
  3. Water damage, Flood, Storm, Tempest, Inunolation Earth quake
  4. Collapse, Collision, Impact
  5. Theft & Burglary, Malicious Damage
  6. Subsidence, Land Slide, rock slide.