Contractors' plant insurance

This insurance is provided by Zurich Insurance Company Ltd.

Zurich's Contractors’ plant policy covers the Insured’s own plant and equipment on an ‘All Risks’ basis. It can also cover their legal liability under the terms of their hiring agreement to pay for loss or damage caused to hired-in plant and the cost of continuing hire charges.

Significant features and benefits

• Owned plant is covered throughout the UK including transit (other than by sea or air).
• Hired-in plant cover on a legal liability basis.
• Premium calculated on total market value of owned plant and the estimated annual hire charges to hired-in plant.
• Continuing hire charges following loss or damage.
• Completion of a proposal form is not required.

Exclusions and limitations

• Breakdown of owned plant
• Loss or damage to owned plant cables, attachments
• Cutting edges unless accompanied by loss of the whole item of plant.
• Damage caused to owned plant by materials treated
• Normal wear and tear
• Damage to forestry equipment
• Loss or damage caused during sea and air transit
• Any loss or damage, which occurs when two or more items of lifting plant share a single load unless such operations are carried out in accordance with British Standard Code of Practice for the safe use of cranes – BS7121
• Damage by terrorism
• Damage by communicable diseases

Get in touch about Zurich's contractors' plant insurance

If you would like to know more about engineering insurance, Zurich’s engineering underwriting team will be happy to help.

You can email Zurich Engineering, or call on 0800 032 1688.

You can access policy documents for this cover here.