Builder's Risk
Project-specific property coverage from foundation to completion. Protects structures, materials, and equipment against fire, theft, vandalism, and weather-related losses during active construction.
Understanding Contractor's All Risk (CAR) insurance clauses is essential for every construction project. From coverage scope and exclusions to indemnity provisions and subcontractor obligations, the right policy language protects your project against unforeseen losses. Soma's construction insurance specialists help contractors navigate complex policy clauses—ensuring your coverage is complete, compliant, and built for real-world project demands.
Comprehensive insurance solutions covering every phase of your construction project, from groundbreaking to final handover.
Project-specific property coverage from foundation to completion. Protects structures, materials, and equipment against fire, theft, vandalism, and weather-related losses during active construction.
Covers bodily injury and property damage arising from construction operations, satisfying owner and lender contract requirements across general contracting and specialty trade projects.
OCIP and CCIP wrap-up programs that consolidate coverage across all project participants on large-scale developments, simplifying administration and reducing gaps between contractor policies.
Protection against defect claims and liability arising long after project handover, ensuring contractors remain covered for bodily injury or property damage caused by completed work.
Inland marine coverage for owned and rented machinery, tools, and equipment on-site or in transit, protecting contractors from losses due to theft, damage, or breakdown.
Covers materials, fixtures, and equipment in transit to or temporarily stored at the job site before installation, filling the gap between supplier delivery and builder's risk activation.
Contractor's All Risk insurance clauses determine exactly what is—and isn't—covered on your project. Key provisions govern the insured parties, project scope, exclusions such as design defects and wear and tear, subcontractor obligations, and claim notification requirements. Soma's construction insurance specialists decode complex policy language so contractors, developers, and subcontractors can secure programs with no hidden gaps—compliant with lender, owner, and contract requirements from day one.
See how Soma has helped contractors and developers secure the right all risk coverage for their projects.
Soma combines deep construction insurance expertise with access to top-rated specialty carriers to deliver coverage that others simply won't place.
Direct access to Chubb, Liberty Mutual, and Kinsale—carriers with deep appetite for complex construction and contractor risks.
Get contractor's all risk quotes across multiple top-rated carriers with a single application—no chasing brokers or waiting weeks.
Soma's construction specialists analyze your project scope and contract requirements to structure the right coverage at the right price.
Soma places construction risks that standard markets decline, including complex multi-trade developments and high-value contractor programs.
Experienced insurance specialists dedicated to protecting your construction business.
Soma was built to solve a problem that contractors and complex businesses face every day: slow, generic brokers who can't place the coverage you actually need. As a specialty insurance brokerage, Soma has processed thousands of businesses across construction, manufacturing, hospitality, and more—partnering with top-rated carriers like Chubb, Liberty Mutual, and Kinsale to deliver fast, tailored programs. For contractors navigating Contractor's All Risk clauses and project-specific requirements, Soma acts as a strategic partner—not just a policy vendor—structuring coverage that satisfies lenders, owners, and contract obligations while keeping costs competitive.
Contractor's All Risk (CAR) insurance is a comprehensive policy that covers physical loss or damage to a construction project and third-party liability arising from construction activities. It protects the contract works, materials, temporary structures, and plant and equipment against risks like fire, storm, theft, and accidental damage—from project commencement through to practical completion.
Talk to a Soma construction insurance specialist for a free policy review and coverage recommendation.
Partnered with top-rated carriers including Chubb and Liberty Mutual
Thousands of complex businesses successfully insured
Industry-leading turnaround with no waiting weeks for coverage
Share your project details and a Soma construction insurance specialist will review your coverage needs, decode policy clauses, and bind the right program fast—complete, affordable, and compliant with your contract requirements.