Contractor's All Risk (TRC)
A site under construction is exposed to bad weather, theft and damage even before the works are handed over. Contractor's All Risk covers the works and the materials on site.
What it covers
Bad weather
Storm, frost or flooding damages the works or materials stored on site. Repairs are covered.
Theft on site
Materials, equipment or fittings are stolen before handover. The loss is compensated.
Collapse during construction
An execution error or accident causes a partial or full collapse before handover. Covered.
Every trade on site
The cover applies to the works regardless of which trade caused the damage, no need to establish individual fault.
What it does not cover
- Normal wear on materials or equipment is not a covered loss.
- Theft with no sign of forced entry on an unattended, unsecured site can be declined.
- Damage caused by a design flaw falls under a different policy than Contractor's All Risk.
Who is it for?
You are running a construction project
Project owner or general contractor, you carry the material risk for as long as the project has not been handed over.
Your site stores valuable materials
Theft or bad weather hitting a large stock can mean a heavy loss before the works are even finished.
Several trades work on the same site
Contractor's All Risk avoids having to identify which trade is at fault before you get paid.
Frequently asked questions
Do I also need Decennial Liability cover?
Does it also cover my own site equipment (machinery, tools)?
How long does the cover run for?
How much does it cost?
These coverages often go together
Decennial Liability (RC Décennale)
A construction defect surfaces years after a project is delivered. Decennial Liability covers your liability for the ten years following handover.
Latent Defects Insurance (Dommages-Ouvrage)
A structural defect claim can freeze a construction site for months while liability gets sorted out. Latent Defects Insurance pre-finances the repairs immediately, without waiting.
Recommended for these sectors
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