This new title covers the fundamentals of CAR insurance both in relation to project policies and contractors’ annual policies, from its origins to current day practice. An invaluable reference tool for those interested in this complex area, this book provides you with all the information you need on Construction, Engineering and Erection All Risks (CAR) insurance.

It will be essential for construction and insurance lawyers as well as contractors, developers and their insurers.

Authors: Paul Reed

ISBN: 9780414024328

Publishers: Sweet & Maxwell, UK: Expected March 2014

Binding Format:Hardback

CONTENTS

Contains detailed practical advice for those dealing with CAR coverage and claims, including coverage disputes and the application of insurance law.

Divided into 7 parts, taking you through the key aspects of CAR insurance:

• Part 1 sets out the basics of CAR insurance including the history of the subject area and how it has developed to date. It provides readers with the structure of a modern standard CAR policy and an analysis of construction risk
• Part 2 explains the need for insurance and standard insurance requirements in construction and engineering contracts and explains formation and placing of CAR insurance
• Part 3 provides detailed discussion of the interpretation of CAR policies, giving practical advice on the drafting of various clauses and explains the relevant law in relation to rectification, fortuity, loss and damage
• Part 4 discusses the wide range of exclusions that can apply to CAR policies and their significance, including defect s and other standard exclusions
• Part 5 deals with extensions to cover including Advance Loss of Profits and Public Liability
• Part 6 explains the claims procedure itself. This section provides readers with a detailed breakdown of the processes and potential problem areas which often face practitioners once a claim has been made against a CAR policy and provides a comprehensive discussion of the difficult areas of causation and co-insurance
• Part 7 explains other types of All Risks insurance including marine, property and aviation

The book also provides examples of construction contract insuring clauses and provides relevant materials for quick and easy reference