Plant cover provides financial protection against loss or damage to any plant, equipment, heavy machinery and hardware used in conjunction with your trade or occupation. This could include such things like cherry pickers, concrete mixers, cranes, generators, mini diggers, mini-excavators, pneumatic drills and wood chippers. It can even cover you for caravans, site huts or trailers.
There are two types of plant cover available as follows:
This cover is for plant that is owned by the policyholder whether that be an individual or a company. If such equipment was to be damaged or stolen whilst at a location of use, then this cover would kick in to provide reinstatement or repair of the plant in question. It would also cover retrieval costs if required.
As the name suggests, this is cover for machinery and the like that is hired in by you for use in your line of business. Cover is the same as above but would extend to provide protection for continuing hire charges that you have a legal liability to pay.
Whilst plant cover is optional, if you own or hire in equipment then this insurance policy is of high priority. The nature of these items mean they are usually expensive and not easy or quick to replace, repair or move. This cover provides excellent peace of mind together with financial protection in the event of an unforseen situation.
Please Note – plant cover can only be added to an existing public liability insurance policy and cannot be provided as a stand alone policy.
ADDITIONAL COVER – When using large plant and machinery, it is a safe bet that you are involved in a large contract. You should therefore look at contract works cover. If you use smaller, hand-held items then taking out tools cover is also a good idea.