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Coverages in a Contractors All-Risk Insurance Policy [Infographic]

Contractors All Risk Insurance Policy

Coverages in a Contractors All-Risk Insurance Policy [Infographic]

calendar May 29, 2023

author Qian

In this article

A Contractors All Risk Insurance Policy (CAR Insurance Policy) is a type of insurance policy given to under-construction civil projects and provides protection against claims of Material Damage and Third-Party Liability arising during Construction Stage. A CAR Insurance Policy provides comprehensive coverage to the entire under-construction project from the arrival of the first consignment at site and continues whilst the Work is in Progress and during the maintenance period as well.

All-Risk Insurance Policy

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Rekha Ramakrishana

Rekha Ramakrishana is a full-time Associate Editorial Director for QIAN, covering financial products and services. She has more than two decades of journalism experience, including 10 years of educating consumers about personal finance.

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