Contractors' All Risks Insurance
Protect your site from damages, delays, and liabilities,
keep your project on track, no surprises
Certificate same day issuance as quote
10% off for new customers
40+ years of delivering tailored solutions
30+ insurance providers to choose from
Trusted by 20,000+ clients
Protect your project
Here are some examples of projects that we cover
One-time vs Year-round CAR insurance
Ideal for Non-Standard Projects
Project-specific CAR insurance offers particular advantages for smaller or intermittent projects by removing annual policy minimums. Organizations with limited or irregular project pipelines benefit from significantly improved cost efficiency.
Tailored Policy Adaptability
Coverage terms can be precisely modified per project to align with unique risk exposures, ensuring optimal protection. This customized approach delivers precisely calibrated safeguards for each undertaking.
Project-Based Premium Calculation
Each construction all risks (CAR) insurance premium is individually determined by the specific project's scope and risk profile, eliminating advance payments for unrelated future projects. This per-project pricing structure proves ideal for businesses handling fluctuating project volumes or diverse project categories.
Coverage
Renovation insurance (also known as contractor all risk's insurance) provides protection for unexpected monetary losses or compensation during renovation work
OUR SERVICES
Where comprehensive protection meets unmatched client advocacy
30+ insurance partners & 40+ years experience
With over 40 years of experience, we've cultivated deep relationships with 30+ leading insurers—relationships that translate into real advantages for your business. Our tenure gives us unmatched insight into carrier risk appetites and strong bargaining powers, allowing us to negotiate terms that newer brokers simply can't secure. For our clients, this means coverage that's not just comprehensive, but cost-optimised by four decades of institutional knowledge.
Long-term partnership
We take the time to learn your operations intimately, offering continuous support as your needs evolve. Our clients rely on us not just as brokers, but as long-term advisors invested in their stability. We assist clients in effectively managing their policies. We provide copies of policies, update policy information, process policy change requests, and support clients in making claims.
Your advocate, not just a broker
We operate with one simple principle: we work exclusively for you, not the insurance companies. We take the time to truly understand your unique challenges and priorities. We think proactively in your shoes, anticipating risks and opportunities you may not have considered. This client-first approach means we'll challenge insurers on unfair exclusions, negotiate better terms at renewal, and always prioritise what's right for your situation.
We help you solve your problems
Work Injury Treatment
We can also provide professional support and assistance for more complex work injury cases, such as serious industrial accidents, work injury fraud or suspected work injury. We will coordinate with the insurance company on your behalf and hire third-party agencies, such as notary offices, to handle work injury matters, find necessary evidence, or provide rehabilitation advice.
Understanding insurance terms
We will analyze the policy terms to help you fully understand the coverage and provide professional advice and solutions to any questions you may have. In addition, we will gain an in-depth understanding of your company’s engineering risks and insurance needs and design a comprehensive insurance solution that meets your specific needs.
Check third-party contract requirements
We can provide professional insurance advice and improvement suggestions for contractual issues with third parties, and ensure that your insurance arrangements comply with the contractual requirements signed between you and the third party.
Why choose LSC?
| LSC (Broker) 保險經紀 | Agent 保險代理 | Insurer 保險公司 |
|---|---|---|---|
Works for | You (Client-focused advocacy) | The insurer they represent | Shareholders |
Choice of insurer | Compare 30+ insurers | Limited to 1-4 partnered insurers | Only sells own products |
Product scope | Comprehensive | Limited | Niche & Restricted |
Customisation | Tailored corporate solutions | Personalised life products | Standard package |
Risk advice | Proactive expertise | Basic guidance | Sales-driven |
Typical client profile | Corporate, SMEs, NGOs | Individual | Solo interest in one insurer |
Claim support | End-to-end advocacy (loss adjuster experience) | Limited (Relies on claims department) | Minimal, hotline experience |
Cost efficiency | Negotiated rates (Strong bargaining power with insurers) | Limited price options (Less bargaining power) | Fixed pricing |
Compliance help | Yes (E.g. HK ECO, Section 88) | Minimal | None |
Your best choice | Yes | No | No |
CAR insurance tips
01
Submit project quotation
It is best to submit the entire project quotation to the insurance company to assess the project risks. If special engineering tools are required, such as cranes and scaffolding, the insurance company must be informed in advance to avoid purchasing an inappropriate insurance policy.
03
Pay attention to the insurance period
Pay attention to whether the insurance period matches the actual construction period. If the project is not completed when the policy expires, you must notify the insurance company before the expiration date. If you notify the insurance company after the expiration date, the insurance company has the right to refuse the insurance.
05
Be aware of your deductible
When purchasing the first and second parts, you need to pay attention to the deductible. The larger the deductible percentage, the higher the amount the insured needs to pay. You must think twice and compare with multiple insurance companies before purchasing. Generally speaking, the higher the deductible, the lower the premium, and vice versa.
02
Understand your policy coverage
To clearly understand the coverage of the policy, generally after you receive the quotation, the quotation will list the coverage, restrictions and exclusions of the work insurance. If there is anything you don’t understand or are unsure whether it is covered, please contact us for clarification.
04
Note project changes
Whether the nature of the project has changed during the project. If there are major changes in the total project amount or the nature of the project, the insurance company must be notified. If there is a discrepancy between the actual project content and the insurance policy, the insurance company has the right not to make any compensation.
At the same time, you should also note that the demolition of main walls or illegal structures will not be covered by general insurance policies. If you need coverage, you will need to pay additional premiums.
06
Adding the Landlord to the Terms
The owner can ask the renovation and maintenance company to add the owner and the property management company as additional insured persons in its third-party insurance annual plan or the single insurance plan for the related project to enhance protection. The premium will also be cheaper than if the owner purchases third-party insurance independently.
07
Check whether the decoration company has purchased effective labor insurance and third-party insurance
Even if the decoration company has purchased labor insurance, the owner should also check whether the name of the insurance company on the labor insurance policy is the same as the name of the construction company, the validity period of the policy (Contract Period & Maintenance Period), the number of insured employees and the nature of the work, etc. In particular, the column for the nature of the project will usually be filled in with words such as "interior decoration project or home decoration" (Renovation, Repair & Maintenance, Decoration).
08
Pay attention to the types of works covered by the insurance policy and the exclusion clauses
The third party insurance for general interior decoration projects may not include scaffolding or exterior wall projects. Generally, erection and dismantle of scaffold is not covered by engineering insurance, and the relevant insurance is usually purchased by the scaffolding company. If the decoration project requires the use of scaffolding for aerial work, such as: air-conditioning installation, window making, outdoor projects, air-conditioning installation, it is necessary to pay attention to the nature of the project to specifically indicate use of scaffold but excluding erection and dismantle of scaffold. If the insurance only says clerical worker, then the policy only covers the company's office employees and does not include construction workers.
