Cover for projects and the machines behind them.
Compare contractor's all risk, erection all risk and machinery cover from our partner insurers. An advisor helps you match cover to your contract.
- IRDAI Licence No. 1135Direct Broker (Life & General)
- [X]+ partner insurersCompare plans side by side
- Claim help from a real personWe follow up with the insurer and surveyor
- Talk to an advisorCall +91 84700 67555
What is engineering insurance?
Engineering insurance covers construction works, plant and machinery against accidental loss or damage, during a project or while equipment is in use.
Project policies usually run from the start of work until handover, and can include third-party liability at the site.
Find the right planWhat's covered, and what isn't
Cover varies by plan. Always check the policy wording before you buy.
Usually covered
Up to your sum insured, subject to policy terms- Accidental damageTo the works and materials
- Natural perilsFlood, storm, earthquake where included
- Fire & explosionAt the site
- Theft at siteOf insured property
- Machinery breakdownFor machinery policies
- Third-party liabilityAt the site, where included
Usually not covered
Common exclusions across most plans- Faulty designOften excluded or limited
- Wear and tearGradual deterioration
- Penalties & delaysContract penalties, loss of profit
- Wilful actsDeliberate damage or negligence
- ConsumablesTools, belts, fuel and similar items
- Unexplained shortagesFound only at stock-taking
Get covered in four steps
- 1Tell us what to coverTell us about the project or machinery, its value and location.
- 2Get quotesAn advisor collects the underwriting details and asks our partner insurers to quote.
- 3Share details & KYCAdd the details the insurer needs and complete KYC with your PAN.
- 4Get your policyYour advisor helps you finish, and the policy reaches your email.
How to make a claim
We help with every claim, from the first call to settlement.
Engineering claim
A surveyor assesses the loss before settlement- 1Tell the insurer, or us, straight away and stop further damage
- 2Keep damaged parts for inspection
- 3A surveyor assesses the loss; share contracts, bills and reports
- 4The insurer settles repair or replacement costs as per the policy
Your contract may require it
Many construction and supply contracts ask the contractor or owner to arrange CAR or EAR cover. Check your contract for the cover and limits it needs.
An advisor can help you match the policy to your contract.
Our general insurance partners
See all partners- ICICI Lombard
Products and availability vary by insurer.
Engineering insurance FAQs
Who buys contractor's all risk cover?
Either the project owner or the contractor, depending on the contract. The policy can name both as insured parties.
What is the difference between CAR and EAR?
CAR is for civil construction such as buildings and roads. EAR is for erecting and testing plant and machinery.
When does project cover end?
Usually at handover or at the end of the period in the policy, whichever comes first. You can ask for an extension if the project runs late.
What does boiler and machinery insurance cover?
Sudden and accidental breakdown of boilers, pressure plant and machinery, including explosion or collapse, as defined in the policy.
Is third-party liability included?
Many project policies offer it as a section of the cover. Check the limits in your schedule.
Related insurance
- Property insurance
- Liability insurance
- Marine insurance
- Business insurance
- Financial lines insurance
- Motor insurance