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Project Insurance (CAR/EAR)

Protect your construction and engineering projects from unforeseen risks—right from groundwork to handover.

Shielding Projects from Start to Finish

What is Project Insurance?

Project insurance, including Contractor’s All Risk (CAR) and Erection All Risk (EAR), is designed to cover large-scale infrastructure, construction, and engineering projects against accidental damage or loss. Whether it's a civil worksite or a machinery-heavy installation, these policies ensure financial protection throughout the project lifecycle, from site preparation and material transport to commissioning. This insurance is essential for contractors, builders, developers, and engineers seeking peace of mind during execution.

Smart Protection, Seamless Process

Why Buy Project Insurance Online?

Tailored Coverage Options

Choose from CAR or EAR policies based on your project type and risk exposure.

Quick & Transparent Process

Compare plans and finalize coverage digitally with expert-backed support.

Trusted Partner Network

Get access to leading insurers offering robust, compliant policies for project risks.

Don’t Let Setbacks Derail Progress

Why Project Insurance is a Must-Have

01

Covers Accidental Site Damage

Protects against fire, flood, collapse, or other physical damage to ongoing work.

02

Third-Party Liability Cover

Includes injury or property damage caused to third parties due to project activities.

03

Material & Equipment Protection

Covers construction materials, plant, and machinery on-site or in transit.

04

Financial Continuity

Ensures projects don’t suffer major financial losses due to unforeseen halts.

05

Mandatory in Many Contracts

Often required by government bodies or large corporations for compliance.

06

Peace of Mind for Stakeholders

Assures clients, contractors, and engineers of risk mitigation and timely recovery.

Comprehensive Coverage for Every Stage

Project Insurance Plans That Fit Your Requirements

Contractor’s All Risk (CAR)

Covers civil works like roads, buildings, bridges, and other infrastructure projects from start to handover.

Erection All Risk (EAR)

Meant for installation of plant, machinery, and structures like power plants, factories, and telecom setups.

Advance Loss of Profit Cover

Optional add-on to cover revenue loss due to project delay from insured risks.

Surrounding Property Damage

Covers accidental damage to nearby buildings or property.

Transit & Storage Cover

Protection for materials and machinery in transit or temporary storage.

Extended Maintenance Cover

Post-completion coverage for defects or faults discovered during maintenance phase.

Industry Experience Meets Digital Ease

Why Itus is the Right Partner for Your Project Coverage

Construction & Infra Expertise

Deep experience in handling insurance for contractors, builders, and EPC firms.

Pan-India Service Team

Local support combined with centralized advisory ensures faster service.

Customizable Policy Structuring

Plans aligned with your project schedule, value, and technical specs.

Our policies meet the documentation and compliance needs of all stakeholders.

Strong Insurer Network

We collaborate with top insurers to offer highly competitive project insurance quotes.

Claims Assistance from Day One

Our dedicated claims team supports you with documentation and follow-ups.

Cover Your Project in 3 Simple Steps

How to Buy Project Insurance on Itus

1. Submit Project Details

Share scope, value, location, and timeline of your project.

2. Get Quotes & Finalize Terms

Select plans with appropriate coverage based on risk and statutory obligations.

3. Make Payment & Get Policy

Complete payment and get your digitally issued certificate quickly.

Minimize Delays, Maximize Coverage

How to Raise a Claim Under CAR/EAR Policies

01

Report the Incident Immediately

Inform us with photos, site details, and a brief explanation of the damage.

02

Provide Required Documents

Submit incident reports, project plans, invoices, and claim forms.

03

Loss Assessment & Pay out

The insurer will assess the loss and process the claim; we assist throughout.

Still Have Questions?

Project Insurance – Frequently Asked Questions

CAR (Contractor’s All Risk) covers civil construction projects, while EAR (Erection All Risk) is focused on industrial plant and machinery erection projects. Both protect against physical loss, damage, and third-party liabilities.

Contractors, sub-contractors, infrastructure developers, real estate builders, and engineering firms working on high-value or high-risk projects should invest in project insurance.

Yes, most CAR and EAR policies come with an inbuilt third-party liability component, covering injury or damage caused to external parties due to construction activities.

Ideally, it should be purchased before project commencement, but some insurers allow mid-project cover with risk inspections and terms. Our advisors can guide you through this.

Typical exclusions include faulty design, contractor negligence, wear and tear, and non-approved materials. Add-ons can reduce some exclusions.

Project plan, contract value, location, estimated duration, client and contractor details, risk assessments, and previous insurance history may be required.

In many government and corporate contracts, project insurance is mandatory before work begins. It protects both the principal and the contractor.

After site survey and assessment by the insurer’s loss assessor, claims are processed based on actual loss, policy terms, and deductible clauses. We help speed up every stage.

Yes, policies can be structured to include subcontractors, suppliers, and even third-party consultants as insured parties—depending on your contract structure.

Absolutely. We can assist you in requesting a policy extension for delayed timelines, subject to underwriter approval and premium revision.

POSP