Hired-In Plant Insurance

Hired-in plant is equipment that you hire rather than equipment your business owns.

Hired plant insurance can offer you flexible, specialist protection against range of risks on a single policy.  It can protect hired equipment in the event of theft, loss, and accidental damage and allow you to drive it on public roads.

It depends.  If you want to drive it on the road, you will need a road risk element in your plant insurance.

Yes, if you have road risks element to your policy. 

If hired plant is damaged or stolen, you’ll usually be liable to continue paying the hire charges, even if it is no longer used by you.  Typically, a plant policy will cover these charges for 90 days.

Yes, and some of the most common include: 

• Public liability. 
• Contract works. 
• Employers’ liability. 
• Road Risk Insurance 
• Stock and materials. 
• Professional indemnity. 
• Third-party working risks.

At Jensten Insurance Brokers, we’re committed to finding our clients a great deal on cover.  Having provided many people and businesses with hired plant insurance quotes, we’ve learned a thing or two about how to save money on your cover, including: 

1. Get some independent advice – some policies will include add-ons you don’t need and removing them can help you save money. 
2. Don’t just accept the hire company’s insurance – these can be restrictive – many don’t include accidental damage insurance, for example – they may not come with advice, and may not give you the comprehensive cover you need. 
3. Shop around – or better still, get an independent broker such as Jensten Insurance Brokers to do the shopping around for you.  With our specialist knowledge and insurance markets available to us , we can help you the  level of cover suitable for your insurance requirements. .  To get a quote, call us on 0115 930 3030, request a callback, or start your insurance quote today.
4. Invest in security – having CCTV and keeping equipment locked and stored securely overnight can help reduce your premiums.

As we’ll create your cover around you and your business, and given the different cover options on offer, there’s no simple answer to that question.  What we can say is that your hired-in plant insurance quote will be based on factors such as: 

• The amount and type of plant equipment you want to protect. 
• Its value.
  The size of the projects you are working on. 
• The number of risks you wish to cover. 
• How long you will have it for. 
• How high the hire fees are. 
• Whether you add covers such as public liability or glass cover. 
• Where it will be stored overnight and the level of security you have in place. 

If you’d like help getting the hired plant insurance that’s right for you, contact us on 0115 930 3030. or request a callback, and we’ll call you to discuss your needs.