Car insurance for construction-optimum protection against building risks
Risks are inevitable in the construction sector. Whether you are a contractor, project developer or independent construction professional , damage during a construction or renovation project can have major financial consequences. Material damage, construction errors or theft of building materials can lead to delays and high costs. With a construction All Risk (Car) insurance for the construction you protect your company against these risks and you ensure a successful completion of every project.
Why a CAR insurance for construction?
Construction projects bring many uncertainties. Damage due to construction errors, collapse, fire or theft can not only delay the project, but also cause considerable financial damage. A CAR insurance provides coverage for:
✔ Damage to the work - protection against damage to the construction during the construction phase
✔ Damage due to construction errors - coverage for additional costs in the event of repair of unforeseen errors
✔ Theft and vandalism - compensation for stolen or damaged building materials and tools
✔ Damage to the property of third parties - for example damage to nearby buildings or infrastructure
✔ Damage by natural disorder -
With a CAR insurance you prevent financial risks and you guarantee the continuity of your construction projects.
We compare CAR insurance Finass insures) with the best insurers, so that you get the best and most affordable premium CAR insurance
Who is a car insurance in construction suitable for?
✔ Contractors and construction companies - Protection against damage to projects and liability risks
✔ Independent construction professionals - security for unexpected damage during work
✔ Project developers - financial protection in the event of damage to large -scale construction projects
✔ Installers and subcontractors - cover for damage to installations and building components
A CAR insurance is indispensable in the construction sector and offers complete coverage against unforeseen building risks.
Frequently asked questions about CAR insurance :
WITH A CONSTRUCTION ALL RISK (CAR) INSURANCE, YOU INSURE DAMAGE CAUSED BY YOU AS A (INDEPENDANT) CONTRACTOR, JOB COMPANY, CONSTRUCTOR, CLIENT OR ARCHITECT DURING THE CONSTRUCTION OR RENOVATION OF A PROPERTY. DAMAGE TO THE CONSTRUCTION WORK IS COVERED. AS WELL AS DAMAGE TO AUXILIARY MATERIALS, SUCH AS SCAFFOLDING AND TOOLS.
This insurance is not legally required . It is becoming increasingly common for the client to demand that the work be properly insured , because he does not want to run any unnecessary risks and because he wants to prevent construction delays.
The CAR insurance covers unforeseen damage. Damage caused as a result of intent cannot be compensated. The contractor, self-employed person or private individual who CAR insurance is expected to take precautions to prevent damage as much as possible .
CAR insurance for private individuals covers material damage that may work . A CAR insurance is in fact an all-risk insurance for a construction project as a whole . CAR insurance for private individuals offers a solution when you have your house built or renovated .
With CAR insurance ( Construction All Risk Insurance ) you insure material damage that occurs during the construction or assembly of buildings, roads, bridges and installations. This includes damage caused by fire, storm or theft. But also damage caused by a construction error, design error or construction error.
How do you choose the right Car insurance for your construction company?
When taking out a CAR insurance, it is important to take into account:
🔹 coverage area - is the insurance valid for both small and large projects?
🔹 Maximum insured amounts - Ensure sufficient coverage for expensive projects and material damage.
🔹 Cover for damage to third parties - check whether you are insured against damage to local residents or surrounding buildings.
🔹 Insurance for self -employed people and construction companies - choose a policy that matches your company size and type of construction projects.
With the right CAR insurance you can work on construction projects as a construction company or self-employed person without financial worries .
Take out a Car insurance for construction today!
Do you work in the construction sector, contracting or project development and do you want to protect your construction projects against financial risks? Then choose a specialist construction All Risk (Car) insurance and prevent unforeseen costs. Compare the best Car-Verzekeringen now and request a quote immediately!
You can choose from 2 different CAR insurance policies : one continuous and one declining. Which one you need depends on 3 factors: the number of construction orders, the construction price and the duration.
1. Continuous CAR insurance
Do you have several construction projects per year? Then a continuous CAR policy offers a solution. You then cover all your construction projects in one go, have less administration and pay a lower premium per construction project (compared to the expiring CAR insurance ). Does your construction project take longer than the agreed insurance period? a (higher) renewal premium when your CAR insurance With continuous CAR insurance we charge the same premium for a maximum construction period of 24 months.
2. Expiring CAR insurance
Do you have a one-off construction project? Then temporary CAR insurance a solution. You take out this insurance per project.
