Contractors' all risks (CAR) insurance
Compensates for losses related to damage to construction projects, such as buildings or infrastructure under construction or reconstruction. The most common causes of loss include strong winds, rain, flooding due to pipe bursts, fire, theft, and structural collapse due to human error or poor-quality materials. The insurance covers the value of damaged materials and the cost of construction works. Additionally, it is possible to insure real estate where construction is being carried out, site equipment, and construction machinery.