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Contractors All Risks insurance (CAR Insurance), usually taken out in connection with a specific construction project, covers the risks involved in construction work.
Construction projects have become increasingly complex in recent years, although not mandatory under Portuguese law, building owners or contractors typically take out Car Insurance to cover damage to the building site and property, as well as liability for damage or injuries caused to third parties during the execution of the project.
Learn more about this topic in the practical guide prepared jointly by our Construction and Insurance teams.
To view the full article please click here.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
