What is Contractors Plant Insurance?
Contractors Plant or Equipment Insurance provides 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.
Do I need it?
If you work in any of the above industries and operate large-scale equipment, you need contractors plant insurance.
What does it cover?
A Contractors Plant Insurance policy will typically cover you for material damage, road risk liability and public liability.
Cover can be arranged for single items or a fleet of plant equipment.
The most common types of plant insured are Cranes, Excavators, Concreting equipment, Forklifts, Farming machinery, Tippers, Trailers, Trucks and Lifting equipment.
- 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.