CAR Insurance – Optimal Protection against Construction Risks
Do you work in the building or construction? Then you know that damage and unforeseen incidents on the construction site can quickly lead to high costs, delays and liability claims. A CAR insurance (Construction All Risk) offers the right protection against material damage, theft, construction errors and damage to third parties. With CAR insurance you prevent financial risks and ensure that your construction projects can be completed without worries.
Why take out CAR insurance?
Construction projects always involve risks. A collapse, damage to materials or a fault in the construction can cause significant damage. Without CAR insurance, you as a contractor, construction company or self-employed person will have to cover the costs yourself. CAR insurance provides coverage for:
✔ Damage to the work – Coverage in the event of collapse, incorrectly constructed structures or damage during construction
✔ Construction errors and repair costs – Reimbursement for additional costs in the event of errors in the implementation
✔ Theft and vandalism – Protection against stolen or damaged building materials and tools
✔ Damage to property of third parties – For example, damage to nearby buildings or infrastructure
✔ Damage due to weather conditions – Coverage in the event of storms, flooding or other external factors
With CAR insurance you are: always insured against the most common construction risks.
CAR insurance we compare (Finass insures) among the best insurers,allowing you for the CARinsurance receive the best and most affordable premium from us.
Who is CAR insurance suitable for?
✔ Contractors and construction companies – Protection against damage to ongoing projects
✔ Self-employed professionals (self-employed) – Coverage for damage during work
✔ Project developers – Financial security for major construction projects
✔ Installers and plumbers – Coverage for damage to pipes, installations and building structures
✔ Roofers and facade specialists – Protection against damage due to extreme weather conditions
Whether you are working on renovations, new construction or large infrastructure projects, a CAR insurance is an indispensable protection against financial risks.
Frequently asked questions about the CAR insurance :
WITH A CONSTRUCTION ALL RISK (CAR) INSURANCE, YOU INSURE DAMAGE THAT YOU CAUSE 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 legal obliged. It is becoming increasingly common for the client to demand that the work be done properly insures because he does not want to run unnecessary risks and because he wants to avoid delays in construction.
The CAR -insurance covers only unforeseen damage. This can cause damage that occurs as a result of intent not be reimbursed. The contractor, self-employed person or private individual who carries out the CAR -insurance concludes, expect that precautions will be taken to prevent damage as much as possible.
A CAR -insurance for private individuals covers material damage can arise during construction work. A CAR -insurance is in fact an all risk insurance for a construction project as a whole. A CAR -insurance for private individuals offers a solution when you have your house built or renovated.
Immediately CAR -insurance (Construction All Risk insurance) insures 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.
🔹 Full coverage for construction risks – No financial worries in case of damage or errors
🔹 Protection during the construction phase – Coverage from the start of a project to completion
🔹 Liability Coverage – Prevent claims from clients and third parties
🔹 Customization possible – Tailored to specific construction projects and company size
🔹 Choice of project-related or continuous CAR insurance – Choose individual coverage per project or continuous insurance for all your construction activities
You work with the right CAR insurance worry-free and professional on every construction project.
Take out CAR insurance today!
Do you work as contractor, self-employed person or construction company and do you want to protect your projects against damage, theft and liability? Then choose one specialist Construction All Risk (CAR) insurance and prevent financial risks. Compare the best CAR insurance policies now and request a quote immediately!
You can choose from 2 different ones CAR insurance: one continuous and one descending. 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 offers a continuous CAR policy outcome. 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? Then you pay when it expires CAR insurance a (higher) renewal premium. With a continuous CAR insurance we apply the same premium for a maximum construction period of 24 months.
2. Descending CAR insurance
Do you have a one-off construction project? Then a temporary one CAR insurance a solution. You take out this insurance per project.
