Contractors All Risk (C.A.R.) Insurance

Midas Insurance Brokers can offer you the convenience of a combined insurance policy with cost effective protection for your retail, commercial or industrial business. You can choose and combine policy options that are most appropriate to you and your business, without having to pay for the covers you don't need.

Options covered under the policy:

  • Commercial, retail, industrial
  • Property
  • Business interruption
  • Theft
  • Machinery breakdowns
  • Cash loss
  • Electronic equipment
  • Glass, broadform liability
  • Transit
  • General property


Property provides cover to buildings, stock, contents and plants. The policy provides cover for both defined events and accidental damage.

Defined events

This section clearly defines the events against which you are covered. To make a claim, the loss or damage must be caused by one of the events noted below.

Some of the most common events include fire, lightning or explosion, burst or leaking pipes, earthquake, storm damage, rainwater (excluding flood), and malicious damage.

Accidental damage

In the event of accidental damage to your property (other than those events specifically excluded) you will be covered under the policy generally up to 10 % of the property sum insured. For most businesses this cover is provided at no extra cost.

Business interruption

If your business activities are interrupted as a result of damage to your property, you can protect yourself from a loss of income during the time your business is not operating.

The policy can provide cover for loss of gross profit, rent, business income, payroll and theft. Protection can be provided against loss or damage to your property caused by forcible or violent entry to your premises.

The policy can provide cover for:

  • Stock
  • Contents
  • Plant & equipment
  • Armed holdup
  • Customer goods
  • Increased peak period
  • Cash loss

The policy gives you the flexibility of choosing the level of cover you need, in the event of loss or damage to money belonging to you and connected with the business.

Next steps

Contact Midas Insurance today on 1300 664 272 to have a member of our expert team assist you in choosing the right Contractors All Risk (C.A.R.) insurance that meets your needs.

Alternatively, click here to complete the quote questionnaire form and we will contact you promptly to discuss your insurance requirements.