Construction All Risks insurance in Nairobi, Kenya & Eastern Africa
Construction All Risk Insurance is effectively a form of property insurance that covers the period while the property is still under construction.
What business is this cover best suited for?
Construction-All-Risk Insurance(or CAR Insurance in short) is a product that is tailor-made for contractors. However, property owners can also take the cover. Mitigate all risk that would cause loss in your construction projects.
Who has found value in this cover?
The story of how a certain company almost went bankrupt due to this unifrtunate event
As your business grows, dynamics to your cover also change. You’ll buy new equipemnt for your business, you’ll hire new staff e.t.c. Without the right partner, these changes to your business may not be covered unless you revise the insurance contract each time.
As your business grows, dynamics to your cover also change. You’ll buy new equipemnt for your business, you’ll hire new staff e.t.c. Without the right partner, these changes to your business may not be covered unless you revise the insurance contract each time.
Possible Construction Risk
What possible risks would your construction project face if you're not covered? This is what you need to watch out for.
Imagine you are building an office block. Your construction begins, progress continues but suddenly, extreme weather hits and a sizeable amount of your essential building materials are damaged.
As the contractor, you make a claim and enter a long debate with the client about who is to blame for the loss. Eventually, you are not compensated for the losses you incurred.
Damage to structure or materials
Equipment damage/breakdown
Machinery damage/breakdown
Injury to third parties
Death to third parties
Damage to temporary structures e.g. stores or workers camps
Claiming
In the uneventful case where your business suffers risk, this is what will happen
Dawit Insurance Agency
Our differentiation as an agency is in helping you through your claims. Your respective Dawit contact will be your guide through this process. Mostly your insurere will need a brief of the circumstances of the accident, incident or damage for precise advice.
Your Business
To help Dawit Insurance deal with your claim efficiently, it is important that you notify us in case of loss or any occurrence that may give rise to a claim. This can be done via email or telephone directly to us. We recommend that you take photos as your construction project continues. The photos do come in handy in case you suffer risk.
When claiming you will be required to provide…
What's The Role Of An Insurance Agent?
An insurance agent acts as your intermediary between you and the insurance company to help you understand what covers would be suitable for you and process claims faster and more efficiently.
Related Products
Further protect your business and employees from risk by combining CAR Insurance and these covers
Commercial Property Insurance
Commercial property insurance protects your assets in the event that they are stolen, damaged or destroyed in a fire or natural disaster. We’ll partner with you to design insurance coverage that will protect your company’s property.
Let's cover your business
Don't wait any longer to protect your business. Regardless of the size of your business or scale of operations, we can tailor-make a solution specific to your needs.
Interested in SME Insurance?
We’d love to hear from you about your business. As you continue to grow and take your buisness to the next level, let us worry about mitigating your risks. You can reach out by calling, emailing or paying us a visit. You can also fill in the form and we’ll get back to you in a bit.