Plant & Equipment Insurance.
Protect the equipment and machinery that keeps your business running. If something goes wrong - breakdown, theft, accidental damage - your cover means you're not left footing the bill or dealing with long downtime.
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About This Cover
Plant & equipment insurance - what it covers and why it matters
Plant and equipment insurance protects the physical assets your business relies on to generate income. This type of cover is all about protecting the gear and machinery that keeps your business ticking - if your equipment fails, this cover helps make sure everything keeps running.
If something happens to your gear - whether it's covered under your policy or not - you lodge a claim with the insurer. From there, they assess the damage and either reimburse you or sort out a replacement, depending on what's in your policy.
It's there to help you deal with the unexpected: breakdowns, theft, or damage - so you're not left footing the bill or dealing with long downtime.
What's Included
What's covered - standard inclusions for plant & equipment policies
Accidental Damage
If something gets broken or damaged accidentally - whether on site, in transit, or in storage - you're covered for repair or replacement.
Malicious Damage
Covers damage caused deliberately by a third party. Even if someone intentionally damages your gear, you won't be left out of pocket.
External Impacts
If your equipment is damaged by outside forces - storms, hail, floods, falling objects - your policy covers the cost of putting things right.
Fire & Theft
If a fire breaks out or your equipment goes missing, you're covered. No more footing the bill or dealing with lengthy downtime after a loss.
Who Needs This
Who needs plant & equipment insurance - industries and business types
Construction Companies
Protect tools, machines, plant, and cranes - whether owned or hired. Construction sites carry constant risk of damage, theft, and breakdown.
Manufacturers
Running a business that relies on heavy machinery and production lines means equipment downtime directly hits output and revenue.
Farmers & Agribusiness
High-value agricultural equipment - tractors, harvesters, irrigation systems - needs protection from accidental damage, weather, and theft.
Transport & Logistics
Businesses moving goods or materials that depend on cranes, forklifts, and loading equipment need cover that keeps operations running.
Events & AV Crews
Stage, lighting, generators, and AV gear hired out for events represent significant value - protect it with the right specialist cover.
Why Co-Pilot
Why Co-Pilot for plant & equipment insurance - not just any broker
We work for you, not the insurer
Co-Pilot is an independent broker. We're not tied to any insurer - so the policy we recommend is the one that covers your gear properly, not the one with the best commission.
Insurer relationships that open doors
With access to 90+ insurers, we find specialist cover for construction, agriculture, events, and heavy industry - including policies for hired and leased equipment.
Honest advice on what's actually covered
Plant and equipment policies have exclusions that catch businesses out at claim time. We read the fine print and explain what your policy will and won't cover before you sign.
Clear communication, no surprises
We keep you informed through the quote, placement, and claims process - real people who know your policy and respond when you need it most.
Industrial Specialised Risk
In regard to property loss -
ISR cover typically includes:
Industrial Special Risks (ISR) policies provide broader protection for businesses with significant physical assets. Here's what's typically covered under property loss provisions.
Coverage specifics vary by insurer and policy. Our team will walk you through exactly what applies to your equipment type and industry.
Hear What Our Clients Are Saying
“I had an excellent experience with Sarah. She guided me through the finance process for my Honda Fit and made everything simple and transparent from start to finish. The approval was fast, and her customer service was genuinely the best I’ve experienced. She took the time to explain my options, answered all my questions, and made sure everything went through smoothly. I really appreciated her professionalism and friendly approach. Highly recommend her if you’re looking for finance support.”
Dinith G
FAQ
Common Questions About Plant & Equipment Insurance
Equipment uninsured or under-covered?
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