Mobile Plant and Machinery

These are policies designed to cover a wide range of risks specifically on Material Damage, Breakdown of the Machinery, related Consequential Loss as well as the legal liability exposure related to such equipment. Specifically the policy provides cover for:

  • Provides cover for sudden and unforeseen physical loss, damage or destruction for owned or hired in mobile plant and equipment.
  • The sudden and unexpected breakdown of a mechanical, electrical or electronic part of a Machine that prevents the normal use of the machine.
  • Cover for Third Party or Property Damage arising from the use, operation or towing of a registered road vehicle or machine in connection with the business along with the legal liability for personal injury, property damage or advertising injury caused by an occurrence in connection with the declared business activities.
  • Can be extended to cover loss of profits that occurs as a result of damage or breakdown damage (if this cover is taken) to a machine which causes an interruption to the business.

 

The Material Damage section can include

  • Accidental overload for machines designed to lift.
  • Dry hire after the insured declares activity. Includes theft by hirer.
  • Cover for unspecified attachments which reduces chances of having no cover for undeclared items.
  • Substitute machines cover for similar machines whilst insured item is undergoing repair or maintenance.
  • Transit cover by road, rail and air

The Liability Section can include:

  • Liability for either that particular machine or for all declared activities
  • Cover for completed operations
  • Registered vehicles when used as a tool of trade
  • Hook Liability to a specific sub-limit
  • Damage to underground services (with conditions)
  • Dry Hire
  • Hired out road vehicles – damage waivers

Why CPR Insurance Services?

CPR Insurance Services have a range of insurance solutions for Mobile Plant and Machinery whether owned or hired. CPR’s experience in all areas of engineering and construction risks gives you the advantage of fast and accurate advice, no-nonsense claim handling and experts who understand your needs and the nature of the risk exposure.

We have streamlined the whole insurance process so that arranging your cover, managing your claims and taking care of any other needs can be done quickly by phone or email.

Things to remember in Mobile Plant and Machinery Insurance Policies

These Policies generally contain an exclusion for liability assumed or recovery rights waived under contract or agreement, however some insurers will not apply this exclusion to Covered Contracts (which includes contract with Principals). These are contracts between you and your principal for the provision of work or service by you. Covered Contracts do not normally cover any hire agreement or other contract or agreement for the hire or lease of equipment, so make sure the policy is extended to include these where required.

Who can help?

An insurance broker's role is to act as your representative and work in your interests, seeking the best cover at the best price for you from market knowledge. Call a good one.

Call CPR – Experts who will save you.

Latest News

Robert Cooper - Elite Broker again

We are pleased to announce that once again Insurance Business Magazine has recognised Robert Cooper amongst the top Elite Insurance Brokers in Australia. See here

It is the fourth time in six years Robert has received this honour.

It is a great recognition for CPR Insurance Services who strive to provide the best possible standard of customer care and service to assist obtaining the best possible cover at the best possible price to meet the needs of for our clients.

Such awards are not possible without the outstanding support provided in the office by Julia, Aidan and Mandy, along with the fantastic support our clients continue to show to us. Thank you to all.

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CPR Insurance nominated for Brokerage of the Year

We are please to announce that CPR Insurance Services has been nominated as a finalist in the Brokerage of the Year (1 to 5 Brokers) for the inaugural Insurance Business Awards. 

A Black Tie Gala Dinner in Sydney on the 4th May 2018 will announce the winner, so fingers crossed.

CPR Insurance Services has been in existence for more than 7 years now and continue to grow and develop. It is thanks to our wonderful clients who appreciate us being part of their own businesses as their Risk and Insurance Advisers.

We continue to follow the simple philosophy of providing Expertise, best possible service and being there for our clients when they need us, such as at Claim time. We are here to save you.

Find out who made the cut here!

The Insurance Business Awards will bring together industry leaders to celebrate excellence in the insurance profession, recognising leading brokers, brokerage businesses, insurers and underwriting agencies in Australia for their contribution to the industry over the past 12 months.

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