Construction All Risks (CAR) insurance is a comprehensive policy designed to protect construction projects from unforeseen risks and losses. It covers a wide range of perils that could potentially damage the project, including: 1. Fire and explosion 2. Storm, flood, and earthquake 3. Theft and vandalism 4. Impact damage (e.g., falling objects) 5. Material defects and workmanship errors 6. Third-party liability Some key features of CAR Insurance include: Broad Coverage: CAR policies typically cover both permanent and temporary works, as well as materials, equipment, and machinery used in construction. All-Risk Basis: The policy covers losses from any cause, except those specifically excluded, providing a high level of protection. Third-Party Liability: CAR insurance often includes coverage for legal liability arising from accidents or property damage caused by the insured's construction activities. Delay in Completion: Some policies may offer coverage for additional costs incurred due to delays in project completion caused by insured perils.Contact Us