Contractors’ All Risks (CAR) Insurance is a comprehensive policy designed to protect construction and erection projects against unforeseen loss or damage. Widely offered by Kenyan top insurers, this cover safeguards contractors, developers and project owners from financial setbacks during construction.
Best for: Contractors, developers, engineers, and project owners seeking reliable, comprehensive insurance protection for construction projects in Kenya.
What does it cover?
- Contract works – Covers materials, labour, and ongoing construction works
- Construction plant & equipment – Protection for machinery, tools, and site equipment
- Existing structures – Optional cover for nearby or pre-existing property affected by works
- Third-party liability – Covers injury or property damage to third parties arising from construction activities
Key features
- All-in-one construction cover – Protects multiple risks under one policy
- Project-based duration – Coverage runs for the entire construction period
- Maintenance extension option – Continued protection during the defects liability/maintenance period
- Customizable coverage – Tailored based on project size, value, and risk exposure
- Compliance ready – Often required by project owners, financiers, and contractors
Key benefits
- Financial security – Protects against unexpected losses and project delays
- Business continuity – Ensures projects proceed without major financial disruption
- Risk mitigation – Reduces exposure to construction-related losses and supports project completion
