Construction

Insurance for construction engineering projects

Rozestavěná výšková budova s jeřáby za soumraku.

We build a barrier against unexpected costs

A construction site is one of the riskiest work environments. The contractor is responsible for the work in progress, for their employees, and for damages to surrounding properties. Our construction insurance is a standard for large infrastructure projects and building construction, accepted by banks and investors alike.

Key risks in construction

01

Damages to the work in progress

Destruction of the construction by natural disaster, theft of materials, or vandalism before its handover.

02

Liability for damages

Damages caused by construction activities to surrounding properties (cracks, subsidence) or vehicles.

03

Work injuries

High risk of serious injuries to workers on the construction site and subsequent recourse claims by insurance companies.

04

Schedule risks

Contractual penalties for failure to meet the construction completion deadline due to an insured event.

05

06

Comprehensive protection of the construction site

Construction and Erection All Risks (CAR/EAR) Insurance

This insurance protects the contractor against damages to the work being built (including materials and structures) caused by natural events, theft, accidental damage, or collapse. Coverage can also be extended to the maintenance/warranty period after the handover of the work, when defects from the construction period may become apparent.

Liability and construction machinery

Contractor's liability insurance covers damages caused to third parties (e.g., cracks in neighboring buildings due to vibrations, damage to utility networks). Separate coverage is available for expensive construction machinery (excavators, cranes) against damage and theft.

Let's talk about construction insurance

A construction site is one of the riskiest work environments. The contractor is responsible for the work in progress, for their employees, and for damages to surrounding properties. Our construction insurance is a standard for large infrastructure projects and building construction, accepted by banks and investors alike.

Professional and smiling team of Eurovalley specialists in joint working consultation.