What is Contractors Plant and Machinery Insurance?

Contractors Plant and Machinery Insurance is a specialized engineering insurance policy that provides comprehensive protection for construction equipment, machinery, and plant against various risks including accidental damage, theft, fire, and mechanical breakdown during construction projects.

This essential insurance policy covers construction equipment such as excavators, cranes, bulldozers, concrete mixers, and other heavy machinery used in construction activities. It protects against material damage, third-party liability, and provides coverage for equipment breakdown and repair costs.

Whether you're a contractor, equipment owner, or construction company, Elevate Insurance offers comprehensive Contractors Plant and Machinery insurance policies with competitive premiums and expert support to protect your valuable construction equipment and ensure project continuity.

Contractors Plant and Machinery Coverage

Comprehensive protection for construction equipment and machinery against various risks.

  • Equipment damage coverage
  • Mechanical breakdown protection
  • Fire and theft coverage
  • Third-party liability protection
  • Accidental damage coverage
  • Repair costs protection
  • Replacement coverage

Add-ons

  • Transit Coverage
  • Off-Site Storage
  • Operator Liability
  • Environmental Liability
  • Cyber Liability
  • Terrorism Coverage
  • Extended Warranty

Benefits

  • Equipment protection
  • Financial security
  • Expert support
  • Peace of mind
  • Comprehensive coverage
  • Quick claim settlement
  • Competitive premiums

Benefits of Contractors Plant and Machinery Insurance

Equipment Protection

Comprehensive protection for construction equipment and machinery against various risks and damages.

Financial Security

Protection against financial losses resulting from equipment damage, breakdown, and repair costs.

Mechanical Breakdown

Coverage for mechanical breakdown, equipment failure, and repair costs for construction machinery.

Expert Support

Access to experienced equipment insurance professionals and machinery risk management experts.

Project Continuity

Ensures project continuity and completion with comprehensive equipment protection and quick claim resolution.

Why You Need Contractors Plant and Machinery Insurance?

Contractors Plant and Machinery Insurance is essential for any construction project using heavy equipment. Here's why having comprehensive CPM insurance is crucial:

Equipment Protection

Protects your valuable construction equipment against damage, breakdown, and various operational risks.

Financial Security

Ensures financial stability and project continuity even during equipment damage and breakdown incidents.

Peace of Mind

Allows you to focus on construction quality knowing you have comprehensive protection for your equipment.

Contractors Plant and Machinery Insurance Coverage Includes

Equipment Damage

Protection for construction equipment against accidental damage, fire, and natural disasters.

Mechanical Breakdown

Coverage for mechanical breakdown, equipment failure, and repair costs for construction machinery.

Fire and Theft

Protection against fire damage, theft, and vandalism of construction equipment and machinery.

Third-Party Liability

Coverage for third-party claims arising from equipment operation and construction activities.

Accidental Damage

Protection against accidental damage to equipment during construction operations and activities.

Repair Costs

Coverage for repair costs, replacement parts, and maintenance expenses for damaged equipment.

Contractors Plant and Machinery Insurance Add-ons

Transit Coverage

Coverage for equipment during transit to and from construction sites and project locations.

Off-Site Storage

Protection for equipment stored off-site and in temporary storage facilities.

Operator Liability

Coverage for operator liability and equipment operation-related claims.

Environmental Liability

Protection against environmental damage and pollution-related claims from equipment operations.

Cyber Liability

Coverage for cyber-related risks and data breaches in equipment technology systems.

Terrorism Coverage

Protection against terrorism-related damage and business interruption in construction projects.

Extended Warranty

Extended warranty coverage for equipment repairs and maintenance beyond standard coverage.

Rental Equipment

Coverage for rental equipment and leased machinery used in construction projects.

How to Buy Contractors Plant and Machinery Insurance Online?

The process of buying Contractors Plant and Machinery Insurance online is simple and convenient. Here's how you can get comprehensive equipment protection with us.

01

Share Equipment Details

Provide information about your construction equipment, machinery, and usage to get accurate quotes.

02

Compare CPM Plans

Review different Contractors Plant and Machinery Insurance plans and choose the one that best fits your equipment needs.

03

Complete Purchase

Make secure online payment and receive your CPM insurance policy instantly via email.