Owned or hired, protect your machinery
If you’re a building contractor or tradesman, you probably spend a lot of time working on the client’s site, either with your own machinery, or a plant that you’ve hired. If these are damaged or stolen, you’ll need to replace or repair them. Plant insurance can cover this cost, while plant hire insurance protects you against the loss of business machinery that you’ve hired. Use our simple form to build an insurance policy that’s tailored to you, including this cover option.
Popular types of machinery you may want to cover with this policy include:
- Diggers and mini-diggers
- Cherry pickers
- Concrete mixers
- Excavators and mini-excavators
- Loading shovels
- Ride on road rollers
Compare quotes today and tailor a policy to suit your business’s needs.
Hired-in plant insurance
Like with most things, if you hire in a plant or machinery, you’re responsible for keeping it safe and in the agreed condition, whether it’s in transit or on site. Hired plant insurance covers your legal liability, under the terms of your hiring agreement, to pay compensation for any damage to the plant. This includes legal defence costs and continuing hire charges for up to £15,000 for any single item.
Own plant insurance
Do you own your plant? If you own the plant or machinery, keeping it insured is still important. You can include own plant cover with your full insurance policy, to protect you against loss, damage or theft.
Plant & machinery cover details
It’s very important to make sure you understand what you need from your insurance. Use the check points below to get you thinking.
- Check the documents before you buy for exclusions and excesses. For example, your equipment may only be insured if there’s a certain level of security on site
- Don’t underestimate the value of your equipment, as this could mean you’re not covered at the right level
- If you decide this cover’s right for you, you’ll need to add it on to your full business insurance policy
Keep Your Machinery & Plant Protected
Your plant, machinery, equipment and tools are essential to getting a job finished on time, or at all, so it’s important that these are protected in the event of an unforeseen accident. Included as an optional extension under some of our public liability policies, our plant & machinery cover is ideal for those working on a construction site, and provides cover for everything from fire to vandalism and theft – and it even covers hired-in plant as well.
Plant Insurance: Frequently Asked Questions
Why do I need plant insurance?
If you’re working as a building contractor or a tradesman, then you’ll no doubt spend a lot of time on a client’s site with either your own machinery, or plant you’ve hired in for the job. If these are lost or stolen, it’ll be up to you to replace or repair them. Our plant insurance will cover these costs, which makes it a vital necessity for anyone using plant in their business.
What if my construction plant is stolen?
If your construction plant is stolen, report it to the police. Get a crime reference number and then contact our claims department. We will often give authorisation for you to replace the plant while we deal with your claim, enabling you to get back to work quickly.
Will you cover my continuing hiring charges?
Yes, we will. The maximum we’ll pay is the equivalent to 90 days’ worth of hiring charges.
What’s Included In Your Cover?
To ensure you get the best possible cover for the lowest price, we include plant insurance under our contract works optional cover. It includes:
- Contract works cover from £50,000 to £500,000
- All risks cover
- Construction plant, tools and equipment from £5,000 to £75,000
- Off-site storage
- Temporary buildings from £5,000 to £25,000
- Hired in plant up to £50,000 for any one item
- Hired in plant annual fees from £2,500 to £50,000
- Immobilised plant
- Plant cover includes JCBs & diggers
- Low-cost monthly instalments available
- Covered while in transit
- Continuing hiring charges
Ready to talk?
Saturday & Sunday: Closed*
*For any enquires outside of business hours, please contact your Account Executive directly.