Contractors Plant and Equipment Insurance
Contractor's Plant and Machinery (CPM) play a crucial role in the execution of construction and engineering projects. Damage or loss to this equipment can lead to project delays and financial strain. At UniTrust Insurance Broker LLC, we understand the importance of having the right cover for your valuable machinery, which is why we collaborate with our trusted insurance partners to arrange comprehensive Contractor's Plant and Machinery Insurance policies for you.The policies aim to protect you from sudden and unforeseen physical loss or damage to your plant and machinery during construction. We guide you in selecting policies that safeguard your equipment, enabling you to stay focused on the successful completion of your projects.
Cover for loss or damage to contractor's plant and machinery
Cover for equipment in transit
Cover for machinery at rest
Cover for machinery under operation
Additional customs duty
FAQs:
Contractor’s Plant and Machinery Insurance policies that we arrange offer coverage against sudden and unforeseen physical loss or damage to the plant and machinery used at the construction site.
Yes, the policies we arrange can provide cover for the machinery during transit between project sites.
Indeed, the policies arranged by UniTrust cover machinery both at rest and under operation at the project site.
Yes, some of the policies we arrange offer coverage for additional customs duties that you may incur due to the import of machinery parts for repair or replacement.
While these policies are essential for businesses in the construction industry, any company that uses heavy machinery and wants to protect it from potential damage or loss can benefit from Contractor’s Plant and Machinery Insurance.
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