Property, plant and fleet
Engineering Insurance
Covers for construction, erection, machinery breakdown and electronic equipment risks.
Engineering insurance protects construction and erection projects, operational machinery and electronic equipment against physical damage. The right structure depends on the contract conditions, project duration and contractor set-up.
Who is it for?
- Construction and contracting companies
- Industrial companies erecting machinery
- Businesses relying heavily on machinery and electronic equipment
What does it cover?
- Contractors’ All Risks (CAR)
- Erection All Risks (EAR)
- Machinery breakdown
- Electronic equipment
- Contractors’ plant and equipment
- Third-party liability (within the project)
Scope and exclusions vary by insurer and programme. With every quote we summarise the policy wording in plain language.
What drives the price?
- Contract value and duration
- Structure and soil conditions
- Contractor experience
- Deductibles
Frequently asked questions
The tender documents require insurance – can you help?
Yes. We review the insurance clauses in the contract and determine the right policy and any bond requirements with you.