Our Plant & Machinery experts can help you with a specifically designed solution when insuring equipment.
Our Policies Can Cover
Plant & Machinery Insurance needs more cover options and benefits than a standard Commercial Motor Insurance Policy. The risks of damage to high value equipment and liability issues exist in this industry on a daily basis. We can protect you against these risks by providing a specific range of covers that we know will respond when required.
Agreed Value/Lease value protection, OR Lease Payment protection.
Continuation of Business
Increased Cost of Working cover, OR Consequential Loss cover.
Owner Protection Plus
Covering your interests should your vehicle be operated by an employee, outside the manufacturer’s specifications (E.g. Damage caused by accidentally lifting a load which is too heavy for the machine).
New for Old Replacement
For machines and motor vehicles purchased new and less than two years old.
A number of insurers say if not specified not covered. We can get unspecified attachments $10,000 or 10% of Sum Insured.
Hired In Plant cover
Cover for sudden and unforeseen physical loss, damage or destruction for mobile plant and equipment hired in.
Substitute Vehicles whilst your vehicle is being repaired.
Items owned but hired out to a third party without an operator.
Covers your Equipment against losses due to Fire, Storm and tempest, Earthquake, and Malicious Acts.
Public Liability Insurance
Liability cover away from the vehicles insured.
Cover for Third Party or Property Damage arising from the use, operation or towing of a registered road vehicle or machine in connection with the business.
Covers the sudden and unexpected breakdown of a mechanical, electrical or electronic part of a machine that prevents the normal use of the machine.
Legal liability for personal injury, property damage or advertising injury caused by an occurrence in connection with the declared business activities.
Whether your business has one machine or one hundred machines, we look after clients big and small, and can provide a full risk review at no expense to your business. At Citycover, we think outside the box and look for ways to further protect your business against ongoing changes in government legislation.
Frequently Asked Questions for Plant & Machinery Insurance.
Why Register or Unregister?
If on a Public Road and that can include a driveway, then you should register.
Can I pay my premiums by the month?
Yes. All insurance offered by Citycover can be paid by the month through premium funders. If you chose to use the premium funder’s service, your monthly instalments will be tax deductible.
Why do you have to advise Business Activities?
Some Insurers do not cover certain Business Activities, for example Civil work Air Side, Rail side, or Underground Mining.
Is it covered when stored on a Work Site?
Be warned about the PPS Report and certain policies that have Malicious Damage Excesses. Speak to your adviser regarding storage to get the most suitable policy.
Need to Claim?
The knowledge and experience of Citycover’s amazing team is widely recognised. We are extremely passionate insurance professionals, who love what we do.
Senior Insurance Adviser
Claims Services Manager
- Michael L
We hold a large and diverse insurance portfolio and I can’t recommend too highly the advantages of having an insurance broker like Citycover to help navigate through the intricacies. During our approximately 10 year association they have always been exceptionally helpful and knowledgeable and respond quickly to any questions.
As a business owner with a diverse insurance portfolio, we try to avoid damage resulting in insurance claims but the fact is, it happens. Our experience with Citycover and specifically senior claims adviser Lynette Braddock has been both reassuring and effortless. Helping us keep our business moving with prompt and fair resolutions has been my experience.
Agribusiness and Earthmoving
7th November, 2017