📐Construction All Risk
CAR insurance Project developer SME
Protect development of residential and real estate projects from damage during construction. Coverage for work in progress, construction materials and more.
✓ Work in Progress
✓ Building materials
✓ Storm & Fire
✓ Construction errors
🏗️ CAR insurance Project developer
Continuous CAR From €500/month
Expiring CAR % of construction cost
Maintenance period 12 months (option)
Existing Property Optionally insured
CAR insurance for Project Developer
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 project developer you are responsible for the development of housing and real estate projects. 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.
Practice
Damage examples Project developer
This can happen during the development of housing and real estate projects.
🔥 Fire Project
Fire destroys a complete new construction project with 20 homes.
Damage: €2,500,000🌊 Flooding
Extreme rainfall causes damage to multiple units.
Damage: €300,000🔨 Execution error
A construction error leads to delays and repair costs.
Damage: €400,000📋 Bankruptcy
The contractor goes bankrupt, the work has to be taken over.
Damage: €600,000 Coverage
What 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).
Premium
How much does CAR insurance cost?
CAR insurance Project developer
From €500/month
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.
FAQ
Frequently Asked Questions CAR insurance
No, CAR insurance is not legally required. However, more and more clients are demanding that the work be insured. Specifications and UAV conditions often contain a CAR requirement with minimum limits.
A continuous CAR covers all your projects in one policy - ideal for multiple projects per year. A descending CAR is per project and is calculated as a percentage of the construction sum. For one large project, descending is often cheaper.
Yes, but often only after forced entry and with strict security requirements. Think of lockable storage, locks, fences and registration. The conditions differ per insurer.
Not always. Coverage depends on the main contractor's policy. There are often high deductibles or exclusions. Your own CAR insurance provides certainty that your work is always covered.
The maintenance period is the period after delivery (usually 12 months) during which damage due to maintenance or repair can be insured. This often must be explicitly insured.
Is your construction project well insured?
Request a quote for your CAR insurance without obligation. We are happy to advise you.
🏡 Construction All Risk
CAR insurance Private Builder private
Protect your own new construction or renovation project against damage during construction. Coverage for work in progress, construction materials and more.
✓ Work in Progress
✓ Building materials
✓ Storm & Fire
✓ Construction errors
🏗️ CAR insurance Private Builder
Continuous CAR From €180/month
Expiring CAR % of construction cost
Maintenance period 12 months (option)
Existing Property Optionally insured
CAR insurance for Private Builder
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 private builder, you are responsible for your own new construction or renovation project. 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.
Practice
Damage Examples Private Builder
This can happen during your own new construction or renovation project.
🔥 Fire
Fire during the construction of your new home.
Damage: €300,000🌪️ Storm
Storm damages your home under construction.
Damage: €50,000🔐 Theft
Construction materials are stolen from your construction site.
Damage: €15,000💧 Water damage
Flooding damages new construction.
Damage: €35,000 Coverage
What 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).
Premium
How much does CAR insurance cost?
CAR insurance Private Builder
From €180/month
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.
FAQ
Frequently Asked Questions CAR insurance
No, CAR insurance is not legally required. However, more and more clients are demanding that the work be insured. Specifications and UAV conditions often contain a CAR requirement with minimum limits.
A continuous CAR covers all your projects in one policy - ideal for multiple projects per year. A descending CAR is per project and is calculated as a percentage of the construction sum. For one large project, descending is often cheaper.
Yes, but often only after forced entry and with strict security requirements. Think of lockable storage, locks, fences and registration. The conditions differ per insurer.
Not always. Coverage depends on the main contractor's policy. There are often high deductibles or exclusions. Your own CAR insurance provides certainty that your work is always covered.
The maintenance period is the period after delivery (usually 12 months) during which damage due to maintenance or repair can be insured. This often must be explicitly insured.
Is your construction project well insured?
Request a quote for your CAR insurance without obligation. We are happy to advise you.
🏗️ Construction All Risk
CAR insurance Foundation work SME
Protect foundations, piles, sheet piling and earthwork from damage during construction. Coverage for work in progress, construction materials and more.
✓ Work in Progress
✓ Building materials
✓ Storm & Fire
✓ Construction errors
🏗️ CAR insurance Foundation work
Continuous CAR From €250/month
Expiring CAR % of construction cost
Maintenance period 12 months (option)
Existing Property Optionally insured
CAR insurance for foundation work
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 foundation worker, you are responsible for foundations, piling, sheet piling and earthwork. 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.
Practice
Damage examples Foundation work
This can happen during foundations, pile driving, sheet piling and earthwork.
🏚️ Prolapse
The foundation is sagging and causing damage to the structure.
Damage: €300,000💧 Groundwater
Unexpected groundwater damages the foundation.
Damage: €150,000🔨 Piles
Piles break or deviate during driving.
Damage: €80,000🏠 Damage Neighbors
Piling work causes damage to adjacent buildings.
Damage: €120,000 Coverage
What 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).
Premium
How much does CAR insurance cost?
CAR insurance Foundation work
From €250/month
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.
FAQ
Frequently Asked Questions CAR insurance
No, CAR insurance is not legally required. However, more and more clients are demanding that the work be insured. Specifications and UAV conditions often contain a CAR requirement with minimum limits.
A continuous CAR covers all your projects in one policy - ideal for multiple projects per year. A descending CAR is per project and is calculated as a percentage of the construction sum. For one large project, descending is often cheaper.
Yes, but often only after forced entry and with strict security requirements. Think of lockable storage, locks, fences and registration. The conditions differ per insurer.
Not always. Coverage depends on the main contractor's policy. There are often high deductibles or exclusions. Your own CAR insurance provides certainty that your work is always covered.
The maintenance period is the period after delivery (usually 12 months) during which damage due to maintenance or repair can be insured. This often must be explicitly insured.
Is your construction project well insured?
Request a quote for your CAR insurance without obligation. We are happy to advise you.
