Constructional plant is susceptible to losses from a wide range of causes. For example, plant can be stolen, damaged in transit or be destroyed by fire. Such an event could prove disastrous to the welfare of your construction business.
Contractors plant insurance provides protection against the cost of unforeseen loss or damage to owned plant equipment. It can also cover the legal liability under terms of any hiring agreement to pay for loss or damage caused to hired-in plant and the cost of continuing hire charges until such time as the claim has been settled.
Plant insurance is often covered under a combined policy related to the all contracting trades, that covers Contract Works employers liability and public liability, amongst other types of insurance cover. Our specialist team are able to build a tailor made policy to match your requirements and protect your business as a whole.
Main policy features *
- Policies include protection against theft, damage or destruction by accidental or malicious means of owned and hired-in plant, whether stored at your own premises, on site or in transit.
* This information is a general guide only. Adler Fairways will assess your requirements and recommend a bespoke range of insurance solutions to meet your needs. As part of the quotation process, we will provide full details of the specific coverage, benefits, limits, premiums, exclusions, excesses payable, and any other policy conditions that would apply to the insurance we recommend for you. We currently only offer cover to businesses registered in England, Scotland, Wales, Northern Ireland, the Channel Islands and the Isle of Man.