Why get contractors all-risk insurance?
Contractors All Risk Insurance is more than a box to tick – it’s a safeguard for your business, your reputation, and your client’s project. Whether you’re a sole trader or a large contractor, having the right policy in place can make all the difference when the unexpected strikes.
Contractors All Risk (CAR) Insurance explained
Contractors All Risk (CAR) Insurance is a comprehensive policy designed to protect contractors, subcontractors, and sometimes project owners against a wide range of risks that may arise during construction projects.
What does it cover?
Material Damage Section
- Damage to the works under construction (e.g., buildings, roads, bridges).
- Construction materials and equipment on site.
- Damage caused by fire, flood, storm, theft, vandalism, explosion, accidents, etc.
- Covers temporary works such as scaffolding.
Third-Party Liability Section
- Legal liability for bodily injury to third parties (e.g., site visitors, public).
- Legal liability for property damage caused by the construction works.
Why Choose CIB?
– Access to Multiple Carriers
CIB is not tied to a single insurer – we can shop across a wide range to find policies that fit your specific needs and budget.
– Tailored, Personalized Coverage
Rather than cookie-cutter policies, CIB takes time to understand your situation—whether that’s for your home, business, or auto—so coverage aligns precisely with your needs.
– Advocacy and Claims Support
If you need to file a claim or resolve a dispute, CIB acts as your advocate and guide you through the process.
– Expert Advice and Guidance
Our skilled and experienced team explains complex policy language in plain English and help you navigate coverage options with confidence.
– Ongoing Service and Long-Term Support
This includes regular policy reviews, updates as your needs change, and responsiveness when you need help—rather than a one-time sale.