Heavy Equipment Insurance
Heavy Equipment Insurance
Cover loss or damage to heavy equipments caused by events that come from outside, sudden, and unexpected subject to not excluded by the Policy. Providing protection on the damage to heavy equipment within a certain
project or site while the heavy equipment is at work, stationary, or
overhauling.
Coverage of Heavy Equipment Insurance:
- Comprehensive. Cover partial loss or damage and/or Total Loss caused by all risks subject to not excluded in the policy.
- Total Loss Only. Cover loss or damage if the value of loss equals or exceeds Actual Cash Value (ACV) of the heavy equipment at the time of the accident. Actual Cash Value is calculated from New Replacement Value (NRV) minus depreciation according to the age of the heavy equipment.
User (The Insured)
- Companies which own/rent heavy equipment
- Bank or multifinance which lends the loan for heavy equipment purchase
Benefits. Provide compensation for losses caused by
- Fires, lightning, explosions, aircraft crashes and smoke (FLEXAS)
- Complaints, Strikes, Evil and Riot Acts
- Windstorm, Storm, Flood, water damage
- Earthquakes, volcanic eruptions, tsunamis
- Landslides and soil movement
- Robbery or theft Errors or omissions in operations and other accidents
The insurance term is 1 year
Types of heavy equipment that can be insured:
- Trucks, Dozers, Excavators, Mobile Crane, Tower Crane, Gantry Crane, Shovel, Forklift, Dump Truck, Wheel Loader, Dozer Shovel, Back Hoe Loader, Articulated, Forwarder, Aerial Platform, Heavy Duty Compaction, Motor Grader, Hydraulic Shovel and others.
We are here to advise you on managing the particular risks associated with heavy construction and equipment. You invested a lot of money in the equipment and a lot of time in your company. Doesn’t it make sense to fully protect it all?
Don't wait until something horrific happens.
Call sms WA 087839872358 today and find the perfect heavy equipment insurance protection for you
