Overview
CAR insurance, sometimes referred to as contract works insurance, provides comprehensive cover for construction, buildings and civil engineering projects. Due to the complex nature of contract works, this policy is designed to provide cover for any damage that occurs during the construction process.
Available on a single risk or annual basis, HSB’s policy can be arranged in the name of the contractor, the principal or joint names depending on the project requirement.
HSB’s Construction Insurance policy provides cover for:
– materials from the commencement of loading for despatch to site (including transit and incidental storage)
– contract works during the construction period
– maintenance and defective design
– free issue materials where these are included in the declared values
– private dwelling houses and commercial buildings during the construction period, once completed and also pending sale
Cover can be extended to include advanced loss of profits, owned contractors plant and hired-in plant
Contacts
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Documents
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