Contractors' All Risks (CAR) Insurance
It is a type of insurance that ensures the protection of construction and installation work during the entire period of their execution.
construction work for residential individual and multi-apartment buildings;
construction work for administrative buildings, schools, theaters, hospitals, hotels;
construction work for industrial buildings (factories, warehouses, hangars);
road and railway construction work;
construction work for bridges, dams, canals, tunnels;
costs for managing the site of the insured event (e.g. Cleaning up the construction site after the insured event);
auxiliary equipment for carrying out construction work (shuttering, scaffolding, temporary accommodation for building staff);
civil liability – damage caused to third parties during the execution of construction works;
objects located at the client’s site or construction site and owned by the customer;
insurance cover is provided on the basis of “all risks”;
all the sudden and unexpected losses of the insured object during the execution of the construction works are compensated: fire, lightning, explosion, overflow, flood, storm, theft or robbery, negligence, lack of work experience, human factor, any other sudden and unexpected event (vehicle crash or accident, impact of foreign objects, etc.).
contractors and subcontractors;