Contractors Plant Insurance Information
What is Contractors Plant Insurance?
Contractors Plant Insurance provides cover for mobile plant equipment, road risk liability and broad form public and products liability for businesses within the mining, excavating/earth moving, crane hire, concreting and or related industries.
This type of cover:
» Normally combines material damage, road risk liability and public liability together in three sections
» Can insure single items up to a fleet of plant equipment
» Can insure plant equipment such as; Cranes, excavators, concreting equipment, forklifts, farming machinery, tippers, trailers, trucks & lifting equipment etc.
» Road risk liability can only be offered if the plant item is registered
» Optional extensions of cover can also be arranged, for example; Consequential Loss (loss of income due to damage of a vehicle), Breakdown cover etc.
Note: Broad form Public and Products Liability cover is especially designed for Contractors Plant & Equipment with the option to include other activities if needed. Broad form liability is also available as a stand alone policy if required.
Who needs Contractors Plant Insurance?
You should consider arranging Contractors Plant insurance if;
» You currently have or are planning to purchase plant equipment for your business
» You are currently involved in or are planning to commence and industry related business and require insurance to cover you for the activities you will be undertaking
Important Tips
When operating plant, ensure you comply with all manufacturers instructions and never use the plant outside it's capabilities. In cases where you are using earth moving equipment make sure the surrounding property is checked for existing damage before you commence and after you complete the work
If plant is to be left at a work site unattended make sure security devices are fitted to reduce the possibility of a claim occurring
If underground work is a part of your business, always locate the exact position of the underground work being performed at the work site. Contacting Dial Before You Dig www.dialbeforeyoudig.com.au can help you with this.
More Information
To obtain a quotation or further information on Contractors Plant Insurance you can contact one of our experienced brokers toll free on 1-3000-COVER.
Alternatively, click here to complete a contact request and a broker from our Insurance Broking team will contact you within one business day.
