Description
Contractor’s All Risk (CAR) and Erection All Risk (EAR) is a type of insurance that specifically provides cover for high-rise building projects, factories, facilities and infrastructure (roads, bridges, etc.) or machine installations including renovation work on buildings.
Risk Covered
The risks covered by CAR and EAR insurance include:
- Material damage
- Legal liability to third parties
Clients
- Civil and building projects
- electricity and utilities
- infrastructure
- private and public sector finance
- contractors
- architecture company
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