Commercial Insurance

Bespoke cover for
high-value commercial assets

Tailored insurance solutions for commercial vehicles, construction plant, and high-value specialised assets that standard policies cannot adequately protect.

Backed byAXA · Chubb · Allianz · Zurich · Manulife

“Our excavator was damaged on a subcontract job. TRS arranged for an equivalent hire replacement the next morning and had our claim settled within three weeks.”

BT
Bernard Tan
Director, Civil Construction Pte Ltd

Commercial Insurance

What’s covered

Commercial Vehicle Fleet


Comprehensive and third-party fleet cover for trucks, lorries, vans, and mixed commercial fleets — with agreed value options and fleet discounts.

Contractors' All Risks (CAR)


All-risks coverage for construction projects in progress — covering the works, materials, and plant on site from ground-breaking to practical completion.

Heavy Plant & Equipment


Specialist cover for cranes, excavators, forklifts, and heavy construction equipment — including mechanical breakdown and damage during operation.

Hired-In Plant Liability


Covers liability for damage to hired-in machinery for which you are contractually responsible under your hire agreement — protecting your deposit and beyond.

Fleet
Fleet Cover
Own damage✓ Comprehensive
Third-party liability✓ Included
Fleet discountFrom 15%
Driver pool cover✓ Available
CAR
Construction Cover
Works under construction✓ All-risks
Materials on site✓ Covered
Third-party liability✓ Included
Testing & commissioning✓ Optional
Plant
Heavy Plant
Own damage✓ All-risks
Mechanical breakdown✓ Optional
Hired-out plant✓ Available
Transit coverage✓ Included
Hired-In
Hired-In Plant
Damage to hired plant✓ Covered
Contractual liability✓ Covered
Breakdown exclusionApplies
Geographic limitSingapore + Malaysia

Frequently
asked questions

Yes. Fleet policies cover owned, leased, and hired vehicles under a single policy with agreed declarations.

CAR covers the works under construction, materials, and third-party liability from ground-breaking to practical completion.

No. PI covers design defects and professional negligence. CAR covers physical damage during construction. Both are typically required on major projects.

Yes. Most TRS CAR policies can extend to projects in Malaysia and the ASEAN region on endorsement.