Protect your project with Construction and Erection All Risks Insurance. Comprehensive coverage for civil works, industrial installations, equipment, and civil liability.
Insurance / Businesses / Construction
Construction and Erection
Construction and Erection All Risks Insurance (CAR / EAR) is a specialized policy that protects civil works and engineering projects during their execution phase. This coverage includes unforeseen physical damage that may affect the works, materials, machinery, or even third parties, from the start of the project until its final delivery.
It is essential insurance for construction companies, developers, contractors, industrial operators, and energy companies, as it mitigates the inherent risks of any project under development.
What Does Construction and Erection Insurance Cover?
- Damage to the works
- Fires, explosions, or collapses.
- Natural phenomena (rain, wind, earthquakes).
- Humanerror, material defects, or accidents.
- Construction machinery and equipment
- Accidental damage to machinery used on site.
- Heavy tools and erection equipment.
- Materials on site
- Theft, loss, or damage to stored or installed materials.
- Third-party civil liability
- Damage to persons or property outside the insured area.
- Debris removal and clean-up expenses.
- Losses due to stoppage or delay.
Who is this insurance intended for?
CAR/EAR insurance is designed for:
- Construction andcivil engineering companies.
- EPC / EPCM contractors.
- Energy and oil companies.
- Real estate developers.
- Governments and public works concessionaires.
- Industrial or renewable energy installers.
Types of Projects We Insure
- Civil works: roads, dams, bridges, hospitals, and buildings.
- Industrial plants: thermoelectric, petrochemical, and cement plants.
- Electrical and mechanical installations.
- Renewable energy projects: solar, wind, hydroelectric.
- Oil platforms or offshore structures.
- Strategic infrastructure projects.
Why purchase it with NRGI Broker?
At NRGI Broker, we help you protect your project from the first stone to final delivery.
