In the fast-paced construction industry, contractors and tradesmen often rely heavily on hired-in plant and machinery to carry out their work efficiently. However, the risk of damage, theft, or loss to this equipment can pose significant financial challenges. Hired-in plant insurance offers essential protection, ensuring that you are covered against unforeseen events that could disrupt your operations and impact your bottom line.
Comprehensive Coverage: Hired-in plant insurance provides coverage for plant and machinery that you have hired from a rental company. This insurance protects you against the risk of theft, damage, or loss while the equipment is in your control, offering financial support for repair or replacement costs.
Liability Protection: When you hire plant and machinery, you enter into a contractual agreement with the rental company, making you responsible for the equipment during the hire period. Hired-in plant insurance includes liability coverage, ensuring that you are protected against claims for damage to the rented equipment and any associated legal costs.
