Plant and Equipment Insurance

Plant and equipment insurance provides cover for static and 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 can:

  • Combine material damage, road risk liability and public liability together in three sections.
  • Insure single items up to a fleet of plant equipment.
  • Insure plant equipment such as: cranes, excavators, concreting equipment, forklifts, farming machinery, tippers, trailers, trucks and lifting equipment etc.

It should be noted that road risk liability can only be offered if the plant item is registered and optional extensions of cover can also be arranged, eg. consequential loss (loss of income due to damage of a vehicle), breakdown cover, etc.

What is contractors plant or equipment insurance?

Your plant and equipment make up large components of your business. However, there can be significant risks associated with working on large scale projects and operating heavy machinery, which need to be managed responsibly.

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.

At DKG Insurance Brokers, we understand that the needs of each client are different, therefore we will take the time to assess your individual risk requirements and deliver a bespoke solution. Please reach out to one of our experienced brokers today.

Important note − The information provided is general advice only and has been prepared without taking into account your objectives, financial situation or needs. When making decisions about plant and equipment insurance, please consider the Product Disclosure Statement.

Any business or individual operating plant and equipment should ensure they have this type of cover to protect against potential issues such as theft, damage and breakdown just to name a few.

Important note − The information provided is general advice only and has been prepared without taking into account your objectives, financial situation or needs. When making decisions about plant and equipment insurance, please consider the Product Disclosure Statement.

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 items that are insured include:

  • Concreting equipment
  • Cranes
  • Excavators
  • Farming Machinery
  • Forklifts
  • Lifting equipment
  • Tippers
  • Trailers
  • Trucks

What usually isn’t covered?

There are exclusions. Please check with us as there is often a deductible or excess and limits on cover.

Important note − The information provided is general advice only and has been prepared without taking into account your objectives, financial situation or needs. When making decisions about plant and equipment insurance, please consider the Product Disclosure Statement.