A construction site is exposed from the first excavation to provisional acceptance. Contractor's All Risks and Erection All Risks policies cover sudden and unforeseen damage during the works, natural perils and theft, with optional third-party liability and construction plant cover.
For manufacturers, machinery breakdown and electronic equipment insurance is critical: a CNC machine, generator or server going down stops production immediately. We structure these covers around your project contract and machinery list, and compare insurers' offers for you.
What is covered?
- Sudden and unforeseen physical damage during construction and erection works
- Fire, flood, landslide, snow, avalanche, storm and earthquake
- Impact by aircraft and vehicles, theft
- Testing period for erection works
- Machinery breakdown: operating accidents, manufacturing and assembly defects, electrical effects, staff negligence
- Electronic equipment: short circuit, fire, smoke, water and humidity, theft, negligence and sabotage
- Debris removal costs
Optional add-on covers
- Temporary site facilities (CPE) and construction plant and machinery (CPM)
- Third-party and cross liability
- Maintenance period and defective design extensions
- Strike, lockout, riot and terror
- Existing property, overtime and express freight costs
- Mobile machinery and earthquake for machinery breakdown; portable devices for electronic equipment
What you should know
The policy is based on contract value and duration; if the works run longer, the policy must be extended by endorsement.
Principal, contractor and subcontractors can all be named as insured. For public tenders we review the contract wording to match the required cover.
For solar power plant projects, see our separate solar power plant insurance page.
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Frequently asked questions
At the first delivery of materials or the start of excavation. Losses arising before inception are not covered.
Yes, if they are named as insured. We arrange this according to your contract structure.
The information on this page is for general guidance and does not replace policy wording. Scope of cover, limits, deductibles and exclusions are determined by the general and special conditions of the insurer you choose.