Contractors All Risk Insurance for Road & Bridges on Land

Contractors all risk insurance for road and bridges on land provides coverage for the loss or damage caused to the machinery and other equipment that are to be used in the construction work. Apart from this the insurance plan also covers construction plant during the construction of the road and bridges. Construction all risk insurance provides coverage for the third-party liability claims for bodily injury and property damage.

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Get ₹1 crore cover starting at ₹6,500+ for a 1 year project

Get ₹1 crore cover starting at ₹6,500 + for a 1 year project

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Get ₹1 crore cover starting at ₹6,500+ for a 1 year project

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Types of Roads and Bridges Sub-categories

There are 3 sub categories under Roads and Bridges. They are as follows:

  • RCC and Pre-stressed concrete
  • Steel
  • Other materials

*The project period varies from 1 month to 24 months

Contractors All Risk Insurance for Road and Bridges: Inclusions

Contractors all risk policy for Road and Bridges covers the following perils:

  • Damages caused by fire or lightning
  • Damages caused due to riots or strikes
  • Loss or damage caused due to tempest, floods, inundation, storm, etc.
  • Loss due to theft or burglary
  • Loss or damage caused due to collision, collapse, impact 
  • Loss or damage caused due to rockslide, landslide or subsidence

Contractors All Risk Insurance for Road and Bridges: Exclusions

Contractors all risk policy for Road and Bridges does not provide coverage for the following perils:

  • If the work is stopped for a short duration or totally
  • No coverage is provided for defective material
  • Faulty design leading to any kind of loss
  • Inventory loss
  • Any kind of regular wear and tear
  • Consequential loss
  • Loss caused during any kind of war
  • Any loss or damage caused due to willful act or negligence
  • Loss or damage caused due to radioactive contamination, nuclear radiation or reaction

Contractors All Risk Insurance for Road and Bridges: Add-ons

Here are the add-ons that come along with contractors all risk insurance for road and bridges:

  • Terrorism
  • Earthquake
  • Contractor’s plant and machinery
  • Removal of debris
  • Maintenance visit or extended maintenance
  • Surrounding property damage
  • Coverage for scaffolding, shutter material, etc.

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Policybazaar for Business - Contractors All Risk Insurance - Customer Reviews
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4.2/5
Based on 28 reviews
4.2
out of 5
Based on 28 reviews
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3.8 February 22, 2023
Aditya
Compensate For Damages
I recently purchased Contractors All Risk Insurance from PolicyBazaar website and had a great experience with them. It was necessary to purchase this Insurance as I understand the risks and uncertainties of the job. However, with this policy, I found myself protected against a wide range of unforeseen events such as property damage, third-party liability and even employee injuries. Thanks to Policybazaar.
Allahabad
4.3 February 02, 2023
Umang
Quick Renewal
I recently purchased Contractors All Risk Insurance from PolicyBazaar and I am delighted to share my positive experience with this valuable policy. From the moment I initiated the process until the policy was in effect, PolicyBazaar demonstrated outstanding professionalism, reliability, and a genuine commitment to customer satisfaction. Thanks PB.
Jamshedpur
3.8 January 13, 2023
Astha
Time Saving Process
Throughout the process, I was consistently impressed by PolicyBazaar's exceptional customer service. Their representatives were friendly, knowledgeable, and always ready to assist me with any questions or concerns I had. They patiently explained the policy terms and conditions, clarifying even the most intricate details, which allowed me to make well-informed decisions regarding my coverage. I truly felt valued as a customer, and their dedication to ensuring my satisfaction was evident in every interaction.
Vadodara
4.3 December 24, 2022
Usha
Suitable Purchase
Recently we got a project to work on a site. I made sure that i get the contruction all risk insurance policy. A friend of mine suggested to purchase it from PolicyBazaar website so i went on their website and made the purchase without any hassle. It was a suitable purchase as it provided compensation for material damage and many more Thanks to PolicyBazaar.
Ludhiana
4.3 December 04, 2022
Simran
Provides Security To Material Damage
I recently purchased Contractors All Risk Insurance from PolicyBazaar which provides me peace of mind, knowing that projects are protected against unforeseen events. This allows me to focus on my work without constantly worrying about potential risks and liabilities. Thanks Policybazaar.
Kochi
4 November 14, 2022
Lovejeet
Knowledeable Staff
The staff at PolicyBazaar were knowledgeable and helped me choose the right policy that fit my specific needs. I highly recommend Contractors All Risk Insurance through Policybazaar for anyone involved in construction projects."
Coimbatore
4.3 October 25, 2022
Rahil
Peace Of Mind
I recently purchased Contractors All Risk Insurance through PolicyBazaar and I am so happy with the services I received during the buying process. Also, the policy provided me with peace of mind during my construction project, as it covered unforeseen damages to the project site, materials and equipment. The claims process was straightforward and hassle-free and the insurance company promptly reimbursed me for the damages I incurred. Thanks Policybazaar
Lucknow
3.8 October 05, 2022
Anuj
User Friendly Website
As a contractor, I was looking to buy Contractor all risk from the PolicyBazaar website online. So I went on their website and checked several details. It was well-maintained and described all the benefits in detail. I contacted their customer support and decided to buy from them. The website is really user-friendly and helpful. Highly Recommend. Thanks, PolicyBazaar.
Kolkata
4.5 October 01, 2022
Subh
Well Maintained Website
I was looking to buy contractor all-risk insurance that protects property from any damages and landed on the policybazaar website. It is well written & maintained website and provided all the necessary information. The add-ons are also affordable and provide extra protection.
Delhi
4.5 September 30, 2022
Neeraj
All In One Policy
Unique perks, low premium, great customer support, and a claim settlement process are a few things that we have experienced with policybazaar. We bought a contractor all-risk policy last year and raised a claim for an incident. The process was simple and the claim was reimbursed in a few days.
Jaipur
28 Review Item
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