Plant Insurance Owned or Hired In Cover Specialists
Annual insurance for contractors plant and machinery whether owned or hired in, competitive insurance premiums arranged without comprimising on cover
Annual plant and machinery insurance
Insurance for owned and hired in plant and machinery for contractors covers your equipment against theft, accidental damage, and vandalism. Plant insurance is arranged with specialist UK insurers offering very competitive premiums for the correct cover.
Why choose FML?
FML was the first plant insurance brokers to arrange with underwriters a hired in plant insurance short term issued at the point of hire. Unfortunately, we no longer arrange short term cover for plant and machinery, however, we still actively arrange excellent cover for contractors on their annual plant and machinery equipment at very competitive premiums. Tie that in with a full range of insurances for contractors that enables all your cover to be handle in one convenient package by one dedicated broker.
What does the plant insurance cover?
As mentioned above it covers your equipment for the expected as well as your own plant insurance the arranged annual insurance for plant and machinery will also cover plant for hiring out with an operator as well as own use. If required, the cover can be extended to include the equipment whilst it is out on hire to other people. As standard, all policies include provision for hiring plant and machinery out under CPA guidelines.
Annual hired in plant insurance policies cover all hired-in in plant and machinery up to a value of £250,000 and includes cover for continuing hire charges.
- Covers plant, tools, and machinery against fire, theft, malicious damage, accidental damage, and continuing hire charges.
- Up to £100,000 limit of indemnity
- Cover available anywhere in the UK
Other cover associated with plant
- Contractors all risk inc. owned plant cover and contract works
- Commercial combined cover
- JCT 21.2.1
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