Contractors All Risk Insurance
Chubb’s Contractors All Risk (CAR) offering protects companies from risks relating to the day-to-day running of a business. As a global insurance company, we offer market leading construction services to clients and brokers within the UK as well as annual covers and projects overseas. Typical customers will be commercial building contractors who may also use contractor’s plant and equipment in their day to day business.
Our policy offers broad cover and a wide appetite for trade, size and complexity of risk and includes the following sections of cover:
- Contract works and materials
- Plant owned
- Plant hired
- Continuing hire charges
- Personal effects
- Other property
Core Covers
Hired in Plant
Cover provided in respect of the Insured’s legal liability under the terms of their hire agreement to pay compensation for damage to hired in plant whilst in the Insured’s custody or control whilst at any location within the territorial limits and whilst in transit (other than by sea or air).
Continuing Hire Charges
Cover provided in respect of the Insured’s legal liability for payment of continuing hire charges for which they are responsible under the terms of their hiring agreement and as a result of damage insured under Section 2 – hired in plant
Owned Plant
All risks of damage to owned plant whilst at any location within the territorial limits and whilst in transit (other than by sea or air).
CAR and CPI
Find out more about our CAR and CPI offering.