It does not matter whether your project is in the planning stage, under construction, or already in operation: with an adequate insurance and surety program, your investment, your reputation, and your peace of mind are protected.
Sectors / Infrastructure /
Roads
Protect your road project from the first stone to its daily operation.
Building, operating, or maintaining a road, highway, or bypass involves major investments… and also significant risks: accidents, natural phenomena, vandalism, or legal claims. With the proper insurance and surety backing, your project remains secure, operational, and compliant with all requirements of SCT, Banobras, and state concessionaires.
Main risks:
- Traffic accidents causing damage to third parties or infrastructure.
- Natural phenomena such as landslides, floods, or earthquakes.
- Theft or vandalism of signage, lighting, or toll booths.
- Failures in design, construction, or maintenance.
- Legal claims due to breach of contract.
What insurance is essential for road construction and operation projects?
In road projects it is essential to have coverages such as General Civil Liability to protect against damage to third parties; Construction All Risk Insurance, which protects the works during development; and Property Damage Insurance regarding existing infrastructure to keep bridges, tunnels, signage, and other assets in operation.
Why are surety bonds important in road concessions?
Performance, advance payment, and latent defects bonds ensure that the project is executed according to contract, protecting both the authority and the concessionaire and ensuring continuity of the works and their operation.
What other insurance complements protection in road projects?
In addition to the main coverages, it is recommended to include Cross Civil Liability Insurance for works with multiple contractors; Contractors’ Equipment Insurance, which protects machinery and specialized equipment; and Business Interruption Insurance to mitigate losses caused by events that halt operations.
