Contractors' All Risks
(CAR) Insurance
Protect your site from damages and liabilities — keep your project on track with material damage, third-party liability and EC bundled into one coordinated package.
Certificate of Insurance issued the same day as quote.
Negotiated rates across insurers.
Submit your documents in the morning — get your CoI in time to start the job today. No site delays, no contract penalties.
Contractors' All Risks Insurance
Also known as renovation insurance, CAR provides protection for unexpected monetary losses or compensation that arise during renovation and construction works — combining material damage, third-party liability and Employees' Compensation into a single coordinated package.
Whether you are a renovation contractor handling a one-off project or a firm managing multiple concurrent sites, CAR aligns the cover to your contract terms and site exposure — so accidents, weather and third-party claims don't derail the build.
Projects we cover
From small fit-outs to specialist installations — here are some of the project types we most often handle.
What CAR insurance protects
CAR coordinates the three covers every site needs into a single, manageable policy.
All-risk cover for works and materials during the build — protecting against fire, theft, flooding and other site-related accidents.
Protects your business against third-party claims of bodily injury, property damage or personal injury arising from your operations. Covers legal fees, settlements and medical costs.
Legally required in Hong Kong for every employer. Covers medical treatment, disability benefits and lost wages for workers injured on site, including occupational diseases.
Information we need to quote your CAR insurance
Send us the items below and we can usually come back with an indication the same day. Missing something? WhatsApp us and we'll help you gather it.
- Contract / tender quotation
- Contract sum (HK$)
- Contractor name (English)
- Management company (English)
- Employer / principal (English)
- Site address (English)
- Project period + maintenance/defects period
- Use of scaffolding / gondola / working platform?
- External works exceeding 20% of contract sum?
- Coverage required: material damage, third-party liability limit, employees' compensation
One-time vs Year-round CAR insurance
Pick the structure that matches how your project pipeline actually runs.
Ideal for non-standard or irregular projects.
Removes annual policy minimums — better cost efficiency for limited or irregular project pipelines.
Coverage terms modified per project to match unique risk exposures and contract requirements.
Premium individually calculated by scope and risk — no advance payment for unrelated future projects.
Optimised for high-volume, steady project pipelines.
A single annual payment secures continuous protection across every project — no supplemental policies needed.
Eliminate per-project quotations and reduce admin overhead — ideal for firms managing concurrent sites.
A consistent annual rate enables precise budgeting and pricing flexibility when bidding for new work.
Information we need for an annual open cover / turnover basis quote
For year-round policies priced on turnover, please provide the following so we can structure the right limits and insurer placement.
- Estimated total annual contract turnover
- Required limits: Material Damage / Third-party Liability (sum insured) / Employees' Compensation
- Maximum contract value per project
- Maximum project period & maintenance (defects liability) period per project
- Type and nature of works (e.g. interior fit-out, renovation, M&E)
- All indoor? Use of scaffolding / gondola / working platforms? External works exceeding 20% of contract sum?
EC Insurance: MPF basis vs Turnover basis
Contractors have two ways to buy Employees' Compensation. Pick the basis that matches how you actually run your projects and subcontractors.
Standard EC Insurance
- Usually covers only the insured company's own employees
- Premium calculated on annual headcount & wages
- Insurer verifies wages via MPF records
- No project-level limits required
- Insured party is generally only the policyholder
Best for: in-house teams, office staff, fixed payrolls.
Contractors' EC
- Extension covers sub-contractors and all contractors on site
- Premium based on estimated annual contract turnover
- Year-end declaration & premium adjustment (refund or top-up)
- Must set per-project max contract value, max period and maintenance period; large projects need a separate one-off policy
- Your principal / client can be named as the insured party
Best for: contractors using sub-contractors, variable headcount, multiple concurrent sites.
Not sure which basis fits? We'll review your project pipeline, sub-contractor mix and principal's requirements to recommend the right structure — and the right insurer.
8 CAR insurance tips
Submit the full project quotation
Share the whole scope so insurers can assess risk. Flag scaffolding, confined areas, use of working platforms, special equipment and gondola upfront.
Understand the coverage
Read the quotation's coverage, restrictions and exclusions. Ask us about anything unclear before binding.
Purchase before the project starts
You must buy the policy before the project begins. Ensure the policy period matches the construction period and notify the insurer BEFORE expiry if the project overruns.
Note project changes
Major changes in total value or nature of the project must be reported, or the insurer may decline claims.
Mind the deductible
Higher deductibles lower premiums but increase your out-of-pocket cost. Compare options before deciding.
Add the landlord as additional insured
Owners can require the renovator to add the landlord and property management as additional insured — cheaper than a separate policy.
Verify the contractor's policies
Owners should verify the contractor's EC and third-party policy — insurer name, validity, headcount and nature of work all matter.
Check scaffolding & exclusions
Interior renovation policies often exclude scaffolding erection & dismantling and external wall works. Confirm the nature of works clause matches your site.
Trusted on Hong Kong's biggest projects
From MTR infrastructure works and Hospital Authority fit-outs to retail roll-outs for Sa Sa, Savills-managed properties and West Kowloon Cultural District — contractors rely on LSC for CAR cover.
What does it mean to buy enough EC cover?
Insurers want to see your declared headcount and wages match your actual MPF contribution records — otherwise claims can be reduced or repudiated. Here's the rule of thumb HK insurers apply when issuing or renewing an EC policy.
Headcount & wages must match MPF records
Insurers usually request the latest 3 months of MPF contribution records before issuing a new or renewal EC policy. The names, headcount and wages on the proposal should match.
Staff aged over 65 — alternative proof accepted
Employees over 65 are exempt from MPF. For these workers you can provide salary slips, tax returns (IR56) or accounting records as proof of wages.
Under-declaring is risky
If actual wages exceed the declared figure at claim time, the insurer may apply average condition — paying only the proportion that was actually insured. Worst case: the claim is rejected for material non-disclosure.
- Declare gross annual wages, not net pay
- Include bonuses, commissions, allowances and overtime
- Update mid-term when you hire or your wage bill grows
EC Warranty — what every employer should know
Insurers attach Warranties to your EC policy to control risk based on your industry. If your employees' actual work falls outside a Warranty, your policy may be voided and a claim refused.
What is a Warranty?
A specific policy clause that restricts what your employees are allowed to do. Breach a Warranty and the insurer may void the policy and refuse to pay a claim.
Always check before you bind
Review which Warranties the insurer attached and make sure none of them conflict with what your team actually does on the job.
Most common EC Warranties
For reference only — exact wording follows the policy schedule.
- W6No delivery of goods by any means
- W7No delivery other than by hand or hand-trolley
- W12Employees restricted to indoor work only
- W17No erection, repair or maintenance work
- W32No work above 30 feet (height)
- W49Excludes loading/unloading on vessels, aircraft or docks
- W51No demolition work
- W55No work outside the building
- W71Employees not employed on vessels, aircraft, docks, piers or warehouses
- W100No handling of items over 550 lbs
- W204Extension to cover sub-contractors' employees
- W338Covers the named principal's legal liability for sub-contractors' employees
- W348Covers all insured listed on schedule for legal liability to sub-contractors' employees (incl. common law)
- CSEConstruction Site Exclusion — no work within a construction site
- Named basisCover applies on a named-employee basis only
Not sure if a Warranty fits your operations? Send us your policy — we'll review it and flag any clause that may conflict with your real work.
Comprehensive protection. Unmatched advocacy.
Deep relationships with leading insurers and four decades of experience — unmatched insight and bargaining power.
We learn your operations intimately and support you as project pipelines evolve.
We work for you, not the insurers — challenging unfair exclusions and securing better terms.
Swift action with clear documentation guidance — claims processed as fast as possible.
We handle insurer communication and follow up with adjusters so you focus on the build.
Licensed brokers and claims specialists with decades of combined experience in CAR loss adjustment.
Thorough analysis to identify vulnerabilities standard insurers overlook.
Check third-party contract requirements and align your insurance arrangements with what main contractors and venues demand.
We target a 15% premium reduction vs. existing cover, leveraging local insurer relationships.
LSC vs Agent vs Insurer
| LSC (Broker) | Agent | Insurer | |
|---|---|---|---|
| Works for | You (client-focused) | The insurer | Shareholders |
| Choice of insurer | 30+ insurers | 1–4 partners | Own products only |
| Product scope | Comprehensive | Limited | Niche & restricted |
| Customisation | Tailored corporate | Personal life | Standard package |
| Risk advice | Proactive expertise | Basic guidance | Sales-driven |
| Claim support | End-to-end advocacy | Limited | Hotline only |
| Cost efficiency | Negotiated rates | Limited options | Fixed pricing |
| Compliance help | Yes (contracts, HK ECO) | Minimal | None |
Common questions
One-off vs annual CAR — which suits me?+
Project-specific policies suit smaller / irregular projects with no annual minimums. Annual cover gives stable premiums and simpler admin for firms with steady project pipelines.
Does CAR cover demolition of main walls or illegal structures?+
Generally not — these require additional premiums and specific endorsement.
What if the project runs past the policy expiry?+
You must notify the insurer before expiry. Late notification gives the insurer the right to refuse to extend.
10% off for new customers
Instant quote and follow-up. WhatsApp our team — pre-filled message gets you started in seconds.
WhatsApp us now