Phone: +372 53835142
Construction all risks (car) insurance
Insurance for buildings and structures, including the following:
Buildings under construction:
Temporary Structures:
Construction Equipment:
Losses during the warranty period:
What affects the cost of the policy:
Total cost of labor and materials estimate:
Construction Materials:
Construction Utility Systems and Equipment:
The replacement or replacement value of the client's property at the construction site:
Pre-Construction Phase:
Construction Timeline:
Location:
Fire Safety and Security:
Types of insured losses covered by the policy:
Policy deductible:
Buildings under construction:
- Buildings under construction: Includes buildings and structures that are still under construction and not yet completed.
- Construction Stages: Protection against risks associated with the various stages of construction such as foundations, framing, interior work and finishing.
- Construction Stage Risks: Losses arising from damage, theft, vandalism, and natural disasters or errors during the construction process.
Temporary Structures:
- Temporary structures: Such as construction camps, temporary buildings to house labor, pavilions, sheds and other temporary structures used during construction.
- Risks: Protection against loss due to damage or loss of temporary structures that may be subject to additional risks.
Construction Equipment:
- Equipment and tools: Includes construction machinery and equipment such as cranes, excavators, concrete mixers, generators and other equipment used on a construction site.
- Risks: Coverage for losses arising from damage, breakage or theft of construction equipment.
Losses during the warranty period:
- Warranty: Losses or defects that occur after construction is completed and during the warranty period, when construction companies or contractors are required to repair identified problems.
What affects the cost of the policy:
Total cost of labor and materials estimate:
- Cost Estimate: The total amount that includes all estimated costs of construction work and materials.
Construction Materials:
- Type and cost of materials: Materials used in construction, such as brick, concrete, steel and others, and their impact on the cost of the policy.
Construction Utility Systems and Equipment:
- Installed systems and equipment: Includes all utilities and equipment that will be installed during construction, such as water, heating and ventilation systems.
The replacement or replacement value of the client's property at the construction site:
- Property Value: An estimate of the value of property that can be replaced or restored in the event of damage at the construction site.
Pre-Construction Phase:
- Site Preparation: Accounts for the costs and risks associated with preparing the construction site prior to the commencement of major work.
Construction Timeline:
- Project duration: The time it takes to complete construction, which can affect insurance risks and the cost of the policy.
Location:
- Location of the construction project: The geographic location, which can affect risks such as natural disasters or the availability of construction resources.
Fire Safety and Security:
- Security measures: The presence of fire safety systems and security measures at the construction site.
Types of insured losses covered by the policy:
- Scope of Coverage: The range of risks and losses that will be covered by the policy, such as damage from fire, theft or vandalism.
Policy deductible:
- The amount of the deductible: The amount that the policyholder must cover out of their own funds before the insurance claim is paid.