FAQs
Contractor’s All Risk Insurance (CARI) FAQ
What is Contractor’s All Risk Insurance (CARI)?
Contractor’s All Risk Insurance (CARI) is a comprehensive policy that protects construction projects from a wide range of risks. It covers damage to the construction site, building materials, equipment, and third-party liability during the construction period. This insurance is ideal for contractors, developers, engineers, and project owners.
What does CARI typically cover?
CARI policies generally include coverage for damage caused by fire, floods, earthquakes.. It also includes third-party liability coverage for bodily injury or property damage caused to others during construction. Some policies may also cover temporary structures, site equipment, and removal of debris.
Who needs Contractor’s All Risk Insurance?
CARI is essential for contractors, project owners, developers, architects, and engineers involved in residential, commercial, or infrastructure construction. It ensures financial protection against project delays, unexpected events, or legal claims during construction.
Is CARI required by law for construction projects?
CARI is not legally required for all construction projects, but many project owners or financing institutions mandate it as a pre-condition. It also serves as a best practice for professional risk management in the construction industry.
How long does CARI coverage last?
CARI coverage usually begins on the date the site is handed over or construction starts and continues until project completion or handover. Policy duration can vary depending on the construction timeline and contract terms.
Can I customize my CARI policy?
Yes, RA Quick Insurance offers customizable CARI plans based on your project’s scope, location, and budget. You can include or exclude specific extensions like debris removal, escalation cost cover, and testing & commissioning risks.
How do I get a quote for CARI with RA Quick Insurance?
Visit the [RA Quick Request a Quote](https://raquickinsurance.com/request-a-quote/) page and fill in your project details. Include the type of construction, estimated cost, duration, and contractor information. An advisor will contact you with a tailored insurance proposal.
What documents are required to apply for CARI?
You’ll typically need the following: Contract, project cost estimate, construction schedule, location details, contractor profile, and scope of work. RA Quick will help guide you through the complete documentation process for fast approval.
How are claims processed under CARI?
In the event of a claim, you must immediately notify RA Quick, submit photos of the damage, incident reports, and any supporting documents. RA Quick coordinates with the underwriter to assess, validate, and settle the claim quickly, minimizing project delays.
Why choose RA Quick Insurance for CARI?
RA Quick Insurance offers expert guidance, fast documentation, flexible payment options, and competitive premiums for CARI policies. They work with leading insurance providers in the Philippines to ensure you get the best protection for your construction projects.
Is car insurance mandatory in the Philippines?
Yes, the Philippine law requires all vehicle owners to secure Compulsory Third Party Liability (CTPL) insurance to register or renew their vehicles with the Land Transportation Office (LTO). CTPL covers injury or death caused to third parties during an accident. RA Quick Insurance offers low-cost CTPL and optional upgrades to comprehensive plans for wider protection.
What is the difference between CTPL and Comprehensive Car Insurance?
CTPL only covers third-party bodily injuries or fatalities and is required for LTO registration. Comprehensive car insurance, however, protects your own vehicle from theft, fire, vandalism, collisions, and includes optional add-ons like flood (Acts of Nature), roadside assistance, and personal accident insurance. RA Quick Insurance can help you combine both for full protection.
Does car insurance cover flood damage?
Flood damage is not included in standard car insurance but can be covered through an Acts of Nature (AON) rider. This optional add-on covers damages caused by natural events like typhoons, earthquakes, and flooding. Given the climate in the Philippines, AON is highly recommended. RA Quick offers this with most comprehensive plans.
What is included in RA Quick’s 24/7 Roadside Assistance?
24/7 Roadside Assistance is available in select RA Quick Insurance policies. Services include towing, jumpstarting a dead battery, changing a flat tire, fuel delivery, and locksmith services. Some plans may also provide ambulance assistance, hotel stay support, or vehicle retrieval. It’s designed to give you peace of mind during emergencies on the road.
How do I request a car insurance quote from RA Quick?
Visit the [RA Quick Request a Quote](https://raquickinsurance.com/request-a-quote/) page and submit your vehicle details. A licensed insurance advisor will get in touch with customized options that fit your needs and budget. The process is free, fast, and customer-friendly.
How do I file a car insurance claim with RA Quick?
Go to the [Quick Claim](https://raquickinsurance.com/quick-claim/) section of RA Quick’s website. Submit the necessary documents such as the incident report, photos, your insurance policy, and a police or notarial report (if required). The team will guide you through the process and liaise with the insurer to process your claim efficiently.
What are the payment options for car insurance with RA Quick?
RA Quick Insurance accepts payment via BDO bank transfer and GCash. They also offer 3-month or 4-month installment plans with 0% interest, depending on your coverage. This makes it easier to afford comprehensive protection without paying a large upfront cost.
Does RA Quick Insurance offer coverage for second-hand vehicles?
Yes, RA Quick Insurance provides coverage for both brand-new and second-hand vehicles, provided the car meets the insurer’s eligibility criteria (age, condition, documentation). You can request a quote and RA Quick will help find the right policy for your used vehicle.
Why choose RA Quick Insurance for your car insurance needs?
RA Quick Insurance offers fast, affordable, and reliable car insurance packages. They provide personalized consultations, easy claims processing, flexible payment options, and value-added benefits like free roadside assistance. They also work with top insurers like FPG, Prudential Guarantee, Malayan, Philippine British, Pacific Union, Liberty