Plant & Equipment Insurance
Plant and Equipment Insurance provides specialised protection for the machinery, tools, and heavy equipment that keep your business operating. Designed for industries such as construction, earthmoving, civil works, landscaping, manufacturing, and trades, this cover helps safeguard valuable assets against accidental damage, theft, breakdown, and other unexpected events.
From excavators and skid steers to forklifts, generators, and specialised tools, Plant and Equipment Insurance ensures your machinery is protected—both on-site and in transit—so you can maintain productivity and minimise downtime.
What This Insurance Typically Covers
Accidental Damage
Protection for plant and machinery that is accidentally damaged while operating, being transported, or stored.
Theft & Vandalism
Cover if your equipment is stolen, vandalised, or damaged during an attempted theft.
Fire, Storm & Other Insured Events
Protection against weather events, fire, and a range of other insured incidents.
Road Risk Liability (Registered Equipment)
Covers legal liability arising from the use of registered plant or machinery on public roads.
Breakdown Cover (Optional)
Protection for mechanical or electrical breakdown of critical equipment (depending on the insurer and policy).
Hired-In Plant
Cover for equipment your business hires from others, including financial liability if the machinery is damaged while in your care.
Financial Protection for Downtime (Optional)
Some policies may include options for increased cost of working or hiring alternative equipment to keep projects moving.
Flexible Cover as Part of a Business Package
Plant and Equipment Insurance can also be included within a Business Insurance Package, allowing you to combine multiple types of cover under one streamlined policy. This is ideal for businesses that need comprehensive protection for their operations, assets, and equipment.
A business package can bundle Plant and Equipment Insurance together with:
Property & Contents
Public & Product Liability
Tools & Portable Equipment
Business Interruption
Commercial Motor
Machinery Breakdown
Transit Cover
Theft & Money
Combining your cover into a single tailored package makes insurance management easier, reduces administrative work, and often provides cost efficiencies compared to arranging multiple standalone policies.
Why It Matters
Plant and equipment are often among the most valuable assets in a business—and essential to daily operations. Damage, theft, or breakdown can lead to costly downtime, missed deadlines, and lost income. Plant & Equipment Insurance provides peace of mind, ensuring your machinery is protected and your business can continue operating without major disruption.
Whether arranged as a standalone policy or incorporated into a comprehensive business package, this cover supports the resilience and efficiency of businesses that rely on machinery to get the job done.