Trucks, Plant and Heavy Equipment Insurance
Streamlined trucks, plant and heavy equipment insurance
Plant and Heavy equipment coverage is designed specifically for businesses operating in industries such as the Transport Industry, Earthmoving, Demolition, Road Construction, Building and Construction, Civil Engineering and the like.
Tailored insurance Programs
We work closely with insurers with a focus on these industry sectors to provide robust protection for your heavy motor machinery, trucks, plants, and specialised equipment. Your insurance program is customised to protect your business against potential damage, loss, and legal liability.
Some of the most common types of coverage we use in our tailored insurance program includes:
Material Damage
This protects your machinery, attachments and trucks against loss or damage due to fire, theft, flood and impact.
Products and Public Liability
This covers you for damage and injury, including advertising damage you may cause to a third party.
Additional Benefits
Your coverage may have additional benefits, including:
- Vibration, Removal or Weakening of Support
- Dangerous Goods
- Property in your Care, Custody or Control (CCC)
- On Hook Liability
Typical Policy Benefits
Policy benefits can include:
- New-for-old replacement in some cases
- Accessories, tools and spare parts
- Hire costs following theft
- Lock and key replacement
- Windscreen (No excess for the first claim during the policy period)
- Employee’s personal property
- Expediting Costs
- Damage to lifted goods
Optional benefits
We can also assist with several optional policies to make sure you have a suitable level of coverage for your business. Optional coverage may include:
Some of the most common types of coverage we use in our tailored insurance program includes:
Registered Machinery Liability
This protects you from damage or injury to a third party involving Registered Plant and Trailers.
Machinery Breakdown
Covers the cost of repairing or replacing parts that caused damage to a maintained machine.
Increased Costs of Working
In case of damage/loss to your equipment, the insurer will cover the increased operation costs you may incur while your machine is out of service.
Finance Payment Protection
In case of damage/loss to your equipment, the insurer can cover the finance repayments you would make whilst your machine is out of service.
Loss of Income
If you experience a shortfall in weekly earnings due to damage/loss to your machine, the insurer can pay you the difference in lost earnings, minus policy Excess and normal running costs.
Blanket Covers for Hired-in Machines
In case of loss or damage to hired equipment, the insurer will cover your legal liability or compensation per your hire agreement terms.
To discuss the professional cover needs of your business, please contact us.