Construction All Risk and Contractors All Risk (CAR) are flexible policies designed specifically for contractors and developers working on construction sites in order to provide financial protection against a wide range of liability and property risks.
In the event of damage due to flood, fire, etc the policy will cover the cost so that the contractor doesn’t end up out of pocket.
We understand that every project is different and that contractors and developers need a flexible cover to protect your liabilities, tools, buildings, plant, machinery, etc.
Benefits of investing in Construction All Risk:
What can Construction All Risk cover?
Below is a summary of how Construction All Risk can protect your firm from damage and liability.
Offers protection to work in progress on a construction site in the event of damage before it has been handed to the principal.
Public & Product Liability
Offers protection against claims arising from injury or property damage of persons (other than your employees).
Employers Liability Insurance
Offers protection against claims arising from employee injury or illness. Under UK law, all companies are mandated to secure this insurance.
Own plant & equipment Insurance
Protects against damage to own plant and equipment whilst in custody under a defined agreement.
Hired- in plant & equipment
Offers protection against damage to personal tools and effects belonging to an employee.
Commonly known as JCT 6.5.1, this insurance protects against claims should there be damage to neighbouring property due to the works carried out, which is not the result of negligence.
Legal Expenses Insurance:
In the event of a claim, the Contractors All Risk cover will offer access to legal advice in a range of circumstances, typically relating to your property, employment, or contract disputes.
Why Work With Us
We see our role as an independent advisor who reviews the merits of each policy to help our clients make well-informed decisions.
About London Belgravia Brokers
We are now established as the UK property markets go-to broker for construction insurance and finance.
Our ethos is based around outstanding customer service. Obtaining specialist property insurance can be an arduous process. We take away that pain by managing the process for our clients and ensuring they recieve the most appropriate and commercially attractive solutions.