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info@tradelinksins.com. +968 24816999

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  • Trade Center Building, 6th Floor, Next to Atlas Medical Center, Way No.4201, NearSheraton Hotel
  • info@tradelinksins.com
  • +968 24816999

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Contractor All Risk (CAR) Insurance

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  • Contractor All Risk (CAR) Insurance

Service Details

Contractor All Risk (CAR) Insurance provides comprehensive protection for construction projects against a wide range of risks that may occur during the course of work. The policy covers accidental physical loss or damage to contract works, construction materials, machinery, and equipment caused by perils such as fire, flood, storm, theft, vandalism, or other unforeseen events not specifically excluded.
This insurance is essential for contractors, engineers, and construction companies, ensuring financial stability and project continuity by minimizing potential losses during construction.

Frequently Asked Question

Q:.What does Contractor All Risk Insurance cover?
 
A: It covers physical damage or loss to the construction site, materials, machinery, and third-party liabilities for property damage or bodily injury arising during the project period.
Q. Who should have CAR Insurance?
 
A: CAR Insurance is ideal for contractors, project owners, builders, and engineers involved in any type of construction or infrastructure project.s.
Q:Does it include third-party liability coverage?
 
A: Yes. The policy typically includes third-party liability coverage for accidental damage or injury to third parties caused during construction activities.

Service Included

  • Material Damage Coverage
  • Third-Party Liability
  • Natural Perils & Accidental Damage
  • Extensions & Add-ons