CAR insurance Subcontractor SME/self-employed
Protect work commissioned by a main contractor against damage during construction. Coverage for work in progress, construction materials and more.
🏗️ CAR insurance Subcontractor
CAR insurance for Subcontractor
A lot can go wrong during construction: fire, storm, water damage, theft or a construction error. CAR insurance (Construction All Risk) covers material damage to the work in progress, building materials on the construction site and optional auxiliary equipment.
As a subcontractor you are responsible for work commissioned by a main contractor. Without CAR insurance, damage will be at your own expense or it will lead to discussion with the client. Clients are increasingly demanding in the specifications that the work is insured.
You can choose from a continuous CAR (for multiple projects per year) or an expiring CAR (per project). We are happy to advise you on the best choice for your situation.
Damage examples Subcontractor
This can happen during work commissioned by a main contractor.
📋 Not Insured
The main contractor's CAR does not fully cover your work.
Damage: €60,000💰 High Deductible
The main contractor's deductible will be recovered from you.
Damage: €25,000🔨 Execution error
An error in your work will damage the entire project.
Damage: €80,000🌧️ Weather damage
Storm damages the work you have done.
Damage: €35,000What does the CAR insurance cover?
Work in Progress
Damage to the structure during construction: collapse, construction errors, damage.
Building materials
Materials on the construction site: damage due to fire, storm, water or theft (after forcible entry).
Auxiliary equipment
Optional: scaffolding, formwork, construction lifts and other auxiliary equipment on the construction site.
Existing Property
For conversion/renovation: optional cover for damage to the existing building.
Execution errors
Damage due to errors in implementation (policy dependent, often with limitations).
Maintenance period
Optional: coverage during the maintenance period after delivery (usually 12 months).
How much does CAR insurance cost?
CAR Insurance Subcontractor
Continuous CAR for multiple projects. Decreasing CAR: usually 0.1% - 0.5% of the construction sum.
Premium depends on project type, construction amount, duration and risks.
Why Choose Finass Insures?
Construction Specialist
Experience with CAR insurance for all construction projects and professions.
Cutlery Check
We check whether your policy meets the client's requirements.
Competitive Premiums
Comparison of 20+ insurers for the best price.
50+ Years of Experience
Specialist in construction and business insurance.
Frequently Asked Questions CAR insurance
Is your construction project well insured?
Request a quote for your CAR insurance without obligation. We are happy to advise you.
