Mobile Plant & Equipment Insurance
Includes hired-out plant and equipment (wet hire only)
Public Liability cover up to $20 million
24/7 claims support
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What is mobile plant and equipment insurance?
Plant and equipment insurance is designed to protect businesses that lease or hire equipment to other companies. It can cover many types of construction, manufacturing, and agricultural machinery including earthmoving equipment, excavators, forklifts, tractors, and generators.
You provide essential equipment to the construction industry. But what happens if improper maintenance on your end causes property damage for your customer? Plant and equipment insurance can help you protect your business and your fleet.
What does mobile plant and equipment insurance cover?
Mobile plant and equipment insurance can cover many everyday risks associated with leasing equipment to customers and running a business. This may include:
Third-party injury and property damage
Injuries and property damage caused by your business activities or equipment. Choose Public & Products Liability insurance.
Hired-out plant and equipment
Covers wet-hire equipment rented to a third-party. Choose Public & Products Liability insurance.
Material damage
Accidental or malicious damage to equipment. Choose Portable Equipment cover.
Vandalism
Malicious damage to your plant and equipment. Choose Portable Equipment cover.
Damage during transit
Covers your equipment when you’re transporting it to and from work sites (Registered/self-propelled plant is not covered). Choose Goods in Transit cover.
Why should I consider plant and equipment insurance?
Plant and equipment insurance helps cover the cost of claims, so you’re not left paying the bill on your own. The places where your equipment is used are often unpredictable. Accidents happen, no matter how safe the work site, warehouse, or project. Injuries, theft, and property damage are common. Plant and equipment insurance could mean the difference between staying in business or being forced to close up shop.
Who is plant and equipment insurance for?
Plant and equipment insurance may be suited to a wide range of trades and manufacturing businesses.
- Cabinet Makers
- Electronic Goods
- Clothing Manufacturing
- Fabricated Metal Products
- Welding Services
- Processed Food
- Candle Manufacturing
- Jewellery Manufacturing
Don’t see your job or industry listed above? We cover thousands of occupations.
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How much does plant and machinery insurance cost?
Plant and machinery insurance costs vary based on the equipment you hire, business location, contract size, and other factors.
Factors influencing cost
Risks of the industry
Cover level amount
Annual turnover
Number of employees
Claims history
Cover that grows with your business
We offer plant and equipment cover with Public & Products Liability limits up to $20 million. Policies can be customised to meet your business needs.
Unsure how much to choose? Think about:
Statutory professional requirements
Your business size
Nature of your business operations
State jurisdiction
Worst case scenario claim size
Underinsurance
We know it’s tempting to select a lower level of cover to reduce premiums, but this can leave businesses shocked and insufficiently covered when making a claim.
Ways underinsurance catches business owners out:
Inflation
With inflation, the cost of living and doing business increases. Remember to over yourself, your tools and assets for the rising costs of replacing or covering them, not what you paid for them – you may be surprised at the difference.
Not covering the full cost of your risks
If you select cover levels for less than the value you may be found liable – left out of pocket when it comes to claims time. It’s important to review your risks and determine how much you will need to cover any claim that may come your way.
How is the cost of insurance calculated?
Risks of the industry
Cover level amount
Annual turnover
Number of employees
Claims history
Click here to check industry wise average prices
Cover that grows with your business
We offer plant and equipment cover with Public & Products Liability limits up to $20 million. Policies can be customised to meet your business needs.
Underinsurance
We know it’s tempting to select a lower level of cover to reduce premiums, but this can leave businesses shocked and insufficiently covered when making a claim.
Ways underinsurance catches business owners out:
Inflation
With inflation, the cost of living and doing business increases. Remember to over yourself, your tools and assets for the rising costs of replacing or covering them, not what you paid for them – you may be surprised at the difference.
Not covering the full cost of your risks
If you select cover levels for less than the value you may be found liable – left out of pocket when it comes to claims time. It’s important to review your risks and determine how much you will need to cover any claim that may come your way.
How It Works – Buying Online
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- Business Details
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How To Make a Claim Online
We’ll assist you through the claims process & manage the claim directly with the insurer.
Let us know Fill out our
claims form and provide info
to support the claim
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will assist you with your claim
Claim results We will notify
you of the claim outcome.
3 steps to get your biz insured:
- Let us know
Fill out our claims form and provide info to support the claim.
- Receive Extra Support
We’ll assist you with your claim.
- Claims Results
We’ll notify you of the claim outcome.
See How Much Others Have Saved By Purchasing a Policy Through BizCover
Colette
Disability Care Worker from
NSW
Saved
$1,200
on
Public Liability and Professional Indemnity insurance
Andrea
Beautician from
VIC
Saved
$1,500
on
Business insurance Pack and,
Public Liability and Professional Indemnity insurance
Deborah
Cleaner from
VIC
Saved
$3,600
on
Public Liability insurance
Lance
Electrician from
ACT
Saved
$800
on
Public Liability insurance
Stephen
IT Professional from
VIC
Saved
$1,500
on
Information Technology Liability insurance
Linda
Restaurant owner from
NSW
Saved
$1,000
on
Business Insurance Pack and
Public Liability insurance
^ Savings made from January 2024 to April 2025. This information is provided as a guide only and may not reflect pricing for your particular business, as individual underwriting criteria will apply.
Plant insurance is not required by law, but it is a common part of most contracts. If you hire plant and equipment, the rental contract will generally require that your equipment is covered.
Yes. Goods in Transit, an optional cover available through a Business Insurance Package, can protect your equipment while it is transported to and from a site. It can cover equipment that is being transported via flatbed or other vehicles/conveyances. It’s important to note that Goods in Transit policies do not cover registered and/or self-propelled equipment that can be driven themselves. You should always refer to the policy wording to determine if your specific equipment or tools are covered.
Wet hire is the leasing of heavy machinery with a trained operator. Dry hire is leasing just the machinery, without an operator. (Please note: BizCover does not offer insurance for dry hire.)
BizCover makes it easy for mobile plant and equipment businesses to show that they are covered. A certificate of currency is instantly emailed to you after you’ve purchased a policy. You can also download additional copies through our customer portal.
Real-life customer reviews verified by Feefo