Plant and Equipment Insurance protects larger machinery and mobile equipment that you rely on to do your work. This type of cover focuses on high value, mechanically powered items rather than everyday tools.

You may need Plant and Equipment Insurance if you own or lease machinery such as excavators, bobcats, loaders, skid steers, cranes, or similar equipment. These machines cost a lot to repair or replace and play a critical role on-site.

You should also consider this cover if you move machinery between job sites. Transport increases the risk of theft, accidental damage, and loss during loading, transit, or storage.

Plant and Equipment Insurance helps when machinery breaks down, is damaged, or is vandalised. Even short interruptions can delay projects and affect cash flow.

It is important to understand how this cover differs from tools insurance. Tools insurance usually applies to smaller, handheld, or portable items such as drills, saws, nail guns, or testing equipment. Plant and Equipment Insurance applies to larger powered machinery and vehicles. Insurers treat these items separately and cover them under different sections or policies.

If you finance or lease equipment, lenders often require Plant and Equipment Insurance. Finance agreements usually include minimum cover levels and conditions.

If you are unsure whether your items count as tools or plant and equipment, contact the team at Webber Insurance. We can review how you use your machinery and help ensure it sits under the correct cover.