What Is Hired In Plant Insurance?
Hired-in plant insurance, also known as hired plant insurance, covers any machinery that you hire for business activities. These items can carry a hefty price tag and their own risks, so specialist cover can reduce the risk of expensive claims.
If this equipment were to be damaged in an accident or stolen, hired-in plant insurance can ensure you’re covered for the cost of repairs or replacements. Depending on your requirements, hired-in plant insurance can cover items such as diggers, forklift trucks, lifting equipment, and more.
Benefits of Hired In Plant Insurance with Wentworth Alexander
If you need hired-in plant insurance, the experts at Wentworth Alexander can help.
Comprehensive Coverage Options
No matter your business needs, we can tailor your coverage options to ensure comprehensive hired plant insurance for your business.
Bespoke Insurance Offers
Our individual insurance experts get to know each client that comes to us, sitting down to understand their business needs and objectives. That’s why every policy we offer is unique to you, to ensure the most successful coverage.
Expert Advice and Support
Unlike other brokers, we don’t just provide you a policy – we’re here to give expert advice whenever you need it, as well as support you in the claims process if required.
Our clients include:
Hired In Plant Insurance Coverage Options
Here at Wentworth Alexander, we can ensure you get the coverage that meets your needs. Hired plant insurance with us can cover:
Damage And Losses
If your hired equipment is lost, stolen, or accidentally damaged, hired plant insurance covers the cost of replacing expensive machinery so it doesn’t come out of your pocket.
Business Interruption
Depending on your policy, hired-in plant insurance can include business interruption insurance. This can cover the loss of any profits caused by delays that are due to hired plant damage or loss.
Liability Coverage
If needed, we can arrange employers’ liability insurance to cover your business for employee claims for injuries or illness related to the hired plant.
Hired-In Plant Insurance vs. Own Plant Insurance
Hired-in plant insurance ensures that any heavy machinery you are renting temporarily is protected. On the other hand, own plant insurance covers anything you or your business owns.
Hired plant insurance can provide benefits such as covering additional hire charges in the case of any losses or damages. You won’t need this if you own your machinery, so your policy will be slightly different – get in touch with us today to discuss your requirements.
Why Choose Wentworth Alexander for Hired In Plant Insurance?
As dedicated business insurance specialists, we know how vital finding the right insurance policy is for your company. That’s why here at Wentworth Alexander, we don’t believe in a one-size-fits-all approach – instead, we tailor all of our quotes to your businesses and what you need.
Our team will work closely with you to understand your needs and provide unbiased, straightforward insurance advice. Get in touch with us today for a quote.
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Get in touch about your insurance
Our team is ready to help you find the right insurance solution. Speak to our specialists today to discuss your insurance needs.
Our team will be happy to help and provide you with the advice you need.
Redlands
Cliftonville
Northampton
NN1 5BE
Hired In Plant Insurance FAQs
What Does Hired In Plant Insurance Cover?
Hired-in plant insurance can be tailored to cover damaged, lost, and stolen machinery that you have hired. Depending on your needs, Wentworth Alexander can adjust your policy so it covers additional elements such as road risks, which will protect vehicles if any damage or accidents occur on public roads.
How Much Does Hired Plant Insurance Cost?
The cost of hired-in plant insurance can vary due to a few factors. We’ll take into consideration the value of the equipment you want to insure, the risks you wish to be covered for, and the length of time you’ll be hiring the equipment for, and build a bespoke quote based on your requirements.
Get in touch with the team today to discuss your insurance needs to ensure you get hired plant insurance that’s right for you.
Why Is Hired In Plant Insurance Important For Businesses?
Without hired-in plant insurance, your business could be financially liable for any accidental damage to the equipment you are renting. Diggers, forklift trucks, and other heavy machinery can cost upwards of tens of thousands to replace – but with hired plant insurance, you can rest assured that it’s covered and if the worst should happen, you’re protected.
Who Needs Hired-In Plant Insurance?
Depending on your industry, hired-in plant insurance could be ideal for your needs. Construction firms, manufacturers, wholesale distributors, engineering firms, and hauliers can all benefit from hired-in plant insurance if they are hiring specialist equipment for their business needs.
How Do I Get Hired In Plant Insurance Through Wentworth Alexander?
Simply get in touch with our insurance experts today to get a tailored quote for hired-in plant insurance. Call us today on 01604 904 001, or submit an enquiry here.