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Contractors All Risk

Find a Trusted Broker for Contractors All Risk (CAR) Insurance in South Africa

Looking for comprehensive construction insurance coverage for your building project? GM Financial Services specialises in Contractors All Risk (CAR) Insurance for principals, contractors, and sub-contractors across Gauteng and South Africa. We work with leading insurers to protect your construction projects against physical loss or damage during the construction phase.

We handle all insurer submissions, policy structuring, and coverage requirements tailored to your specific construction risks.

Purpose

Comprehensive protection against physical loss or damage during construction

Plant, property, materials intended for incorporation into works

Leading South African insurers

Residential homes, office complexes, infrastructure, water/sewer systems, roads, bridges, process plants

Third-party liability coverage for injury or property damage

with a strong presence in Gauteng.

Quick Facts for Construction Professionals

Call: 011 763 1556
Email: info@gmfs.co.za
Download: Application Forms

Quick Answers for Construction Professionals

Who can arrange Building Contractors All Risk Insurance for my construction project?
GM Financial Services arranges comprehensive CAR Insurance for principals, contractors, and sub-contractors across Gauteng and South Africa. We handle policy structuring, risk assessment, insurer submissions, and coverage tailored to your specific construction needs.

How do I find a CAR Insurance broker near me?
GM Financial Services operates across Gauteng and nationwide. We offer personalized service with dedicated account managers experienced in construction insurance. Call 011 763 1556 or email info@gmfs.co.za.

What does a Contractors All Risk Insurance broker do?
A CAR Insurance broker assesses your construction project risks, prepares documentation, submits applications to insurer partners, negotiates policy terms, and ensures coverage meets your project requirements. We act as the intermediary between construction professionals and insurers.

How much does Contractors All Risk Insurance cost?
Costs depend on project size, construction type, contract value, duration, and specific risks. GM Financial Services offers transparent pricing with no hidden costs. Contact us for a tailored quote after reviewing your project details.

Can you arrange CAR Insurance for projects outside Gauteng?
Yes. We serve construction professionals nationwide, including all provinces. Remote consultation and application processing are available for projects across South Africa.

What Is Contractors All Risk (CAR) Insurance?

Contractors All Risk Insurance offers comprehensive protection to principals, contractors, and sub-contractors engaged in construction projects. It safeguards against any physical loss or damage that may occur during the construction phase to plant and property intended to be incorporated into the works.

These projects encompass a wide spectrum, including the construction of residential homes, office complexes, water and sewer systems, roads, bridges, as well as various other infrastructure developments and process plants.

Furthermore, the policy extends its coverage to encompass employer’s, contractor’s and sub-contractor’s legal liability. This means that it provides financial security in cases where injury or damage arises to third parties or their property due to the execution of the construction works.

Who Contractors All Risk Insurance Is For

  • Principals and project owners overseeing construction developments
  • Main contractors executing building and infrastructure projects
  • Sub-contractors performing specialized construction work
  • Construction professionals managing residential, commercial, or infrastructure developments
  • Builders requiring comprehensive coverage for plant, equipment, and materials on site

Contractors All Risk Insurance – What Does it Cover?

What It Covers — and What It Doesn’t

Covers:
  • Physical loss or damage to plant and property during construction
  • Materials and equipment intended for incorporation into the works
  • Construction machinery and temporary works on site
  • Employer's, contractor's and sub-contractor's legal liability
  • Third-party injury or property damage arising from construction works
  • Wear and tear or gradual deterioration
  • Design defects or faulty workmanship (unless resulting in physical damage)
  • Professional indemnity or latent defects (separate coverage required)
  • Losses outside the construction phase or policy period

Notes:
The specifics of what is covered and the terms of the insurance policy can vary widely depending on the insurer, the nature of the construction project, and other factors. Contractors often work closely with insurance professionals to tailor their CAR insurance policies to their specific needs and the risks associated with their projects.

Why Choose GM Financial Services for Contractors All Risk Insurance?

Expert Guidance
Complimentary professional consultations backed by a highly experienced team familiar with construction risks and insurance requirements across various project types.

Personalized Service
Each client is assigned a dedicated account manager for continuous communication and tailored solutions specific to your construction project.

Trusted Partnerships
We work with leading insurers who understand construction industry risks, ensuring comprehensive coverage and competitive terms.

Tailored Coverage
We help structure policies specific to your project needs, whether residential homes, commercial buildings, or major infrastructure developments.

Nationwide Support
We assist construction professionals across South Africa, from Gauteng to all provinces, with expert advice and responsive service.

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