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  2. Zurich’s Contractors’ All Risks Insurance Plan offers a protection against risks associated with various types of contract works, minimizing your hassle by protecting you from the event of accidental damage to or loss of property, and also your liability to third party during the contract period.

  3. Contractors' All Risks insurance protects your construction projects with comprehensive cover, covers third party liability to any other person or damage to property caused by an accident, and all costs and expenses incurred for defending claims against you. Contact us for quotes.

    • What Is Contractors' All Risks (Car) Insurance?
    • Understanding Car Insurance
    • Extending Car Coverage
    • The Bottom Line

    Contractors' all risks (CAR) insurance is a non-standard insurance policythat provides coverage for property damage and third-party injury or damage claims, the two primary types of risks on construction projects. Damage to property can include improper construction of structures, the damage that happens during a renovation, and damage to temporary...

    Typically, both contractorand employer jointly take out CAR insurance policies. Other parties such as financing companies have the option of being named to the policy. Because multiple parties are included in the policy, each retains the right to file a claim against the insurer. All parties have the duty to inform the insurer of any injuries and d...

    CAR coverage may be extended to cover the interests of manufacturers, suppliers, contractors, and subcontractors. The policy can also be expanded to cover the following events: 1. Additional custom duty 2. Air freight 3. Damage to surrounding property 4. Debris removal 5. Earthquake 6. Escalation 7. Loss due to breakage of glass 8. Maintenance visi...

    Construction projects offer up a myriad of financial risks related to property damage and third-party injury. Contractors' all risk insurance is a a non-standard insurance policy that covers these risks when they're caused by such things as fire, flood, wind, earthquakes, and construction faults at the construction site during a project. Contractor...

    • Adam Barone
  4. ContractorsAll Risks insurance. 1 Contract works – exposures – available insurance. All main exposures are shown in table 2, “Insurance needs for contract works” on page 23. Physical damage to materials to be used for the project – whether in transit, in storage or forming part of the contract works – constitutes a large part of ...

  5. www.msig.com.hk › commercial-insurance › contractors-all-risks建築全險 | 工程保險 | MSIG

    第三者責任保障. 保障您因意外引致他人身體受傷或他人財物損毁於法律上必須承擔的賠償責任. 其他資料. 以上提供之產品資料只供參考,有關保障範圍及承保條款,請參閱保單。 產品查詢. 索償. 查看其他工程保險保險. 查詢. 更新您的聯絡資料. 下載資料. 常見問題. 工程保險-建築全險為您的建築工程提供全面保障保障因意外引致他人身體受傷或財物損毁而須承擔的第三者責任工程物料的損毀抗辯索償費用及開支。 聯絡我們以索取報價。