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Construction

Insurance

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Construction Insurance

Insurance contracts for construction risks take into account all customer requirements, as well as its financial capacity. An individual program may include the following items:
* Insurance of construction works;
* Insurance of erection works;
* Insurance of construction equipment;
* Insurance of equipment at the construction site;
* Extended maintenance period;
* Liability insurance for third parties during the construction works.

A fundamental element of the insurance policy of construction risks is a direct insurance of contruction or erection works. The coverage amount in this case is set at full (estimated) construction cost. Amount of damages depends on the degree of completion of the facility minus the cost of usable residues.

Insurance Claims

Разбитый грузовикCrushed truck

September 10, 2009. Mercedes-Benz Axor truck driver will never forget that day. The truck belonged to Construction Company. He drove the truck on his usual route. Despite the truck size it was quite agile and perfectly managed. To drive this truck was a great pleasure. However, passing A.Rajabli street driver heard loud clap and felt that truck swerve – it seems tire blew out. But all drivers attempt to avoid the swerve were unsuccessful in spite of his 35 years experience. The truck swiftly flew straight on a lamp post.

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