Your plant and equipment make up a big part of your business. However, there can be significant risks associated with working on large scale projects and operating heavy machinery which need to be responsibly managed.
Contractors Plant or Equipment Insurance provides insurance cover to businesses and individuals within the mining, excavation/earth moving, crane hire, civil and related industries.
This includes stationary and mobile plant equipment cover, road risk liability and broad form public and products liability.
What does Contractors Plant Insurance cover?
Contractors Plant Insurance (also known as Plant and Equipment Insurance) provides essential protection for businesses that own, lease, or hire earthmoving equipment, excavators, and other plant and machinery used in construction and civil projects. Cover can be arranged for single items or a fleet of plant equipment.
A typical policy may include cover for:
- Accidental material damage
- Theft and breakdown of machinery
- Road risk Liability if your machine or equipment causes damage while being transported or operated on public roads
- Third-party / Public Liability
The most common types of plant items that are insured include:
- Cranes
- Excavators
- Concreting equipment
- Forklifts
- Farming Machinery
- Tippers
- Trailers
- Trucks
- Lifting Equipment
Do I need Contractors Plant Insurance?
If you own, lease, or hire plant and equipment including excavators, earthmovers, and other earthmoving equipment, and work in any of the above industries, you should consider contractors plant insurance to protect your business.
Important Tips:
- Road risk liability can only be offered if the plant item is registered.
- Optional extensions of cover can be arranged such as breakdown cover and consequential loss (loss of income due to damage to a vehicle).
- Please note: Broadform Public and Products Liability cover is designed for Plant and Equipment operations with the option to include other activities if needed.
- Broadform liability is also available as a standalone policy if required.
How Coverforce can help
Coverforce have been a specialist provider of insurance and risk advice to the construction industry for over 30 years and currently work with licenced builders, civil contractors, property developers, sub-contractors, consultants, tradespeople and related services providers.
For more information or to arrange cover, please contact your local Coverforce Office
Alternatively, simply fill out the Contractors Plant Insurance quote form below and one of our insurance brokers will get in touch within one business day.
Request a quote
