Heavy Equipment Insurance

If your business depends on heavy equipment and machinery, having the right insurance is crucial. At Crucial Insurance and Risk Advisors, we understand the unique challenges and risks associated with heavy equipment. We help medium-to-large heavy machinery operators access the right insurance, at the right price. Complete our form or call us at 1300 400 707 to speak to an experienced Heavy Equipment Insurance specialist.

The Importance of Finding the Right Heavy Equipment Insurance

 

Heavy Equipment Insurance includes various coverages designed to protect businesses operating with large machinery, such as in sectors such as mining, earthworks and more.

Standard business insurance policies may not cover the specialised activities of your business–an incorrectly placed policy may result in disastrous consequences and severe financial setbacks.

In our ever-changing economy, more businesses are experiencing difficulties in accessing the right insurance.  Our extensive networks help us access insurance policies where others can’t.

It’s important to speak to an experienced broker who can help you access the right insurance–at the right price. Contact us to find out more.

We are Award-Winning Heavy Equipment Insurance experts

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QLD 2020 top insurance broker medal
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2020 top insurance broker rated by customers award medal
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Why Your Business Needs Heavy Equipment Insurance

Operating heavy equipment has significant risks. For example, an equipment failure in a mining operation could lead to costly downtimes, third-party claims or worse yet, close of business. Heavy Equipment Insurance is designed to reduce these financial risks, offering extensive coverage for:

 

  • Property and Equipment Damage
    Used as a safeguard if your property and equipment has been affected by damages caused by natural disasters or machinery breakdowns.

Liability Claims Guard against claims from injuries, accidents, or environmental damage related to your operations.

Business Interruption Maintain financial peace of mind if your business is temporarily put on pause due to a covered loss.

Environmental Liability
Cover the costs of pollution cleanup, regulatory fines and remediation.

Theft Protection against the theft of your machinery and equipment.

Wet Hire or Dry Hire
Coverage options whether you provide equipment with operators (wet hire) or without (dry hire).

Machinery Breakdown Protection for the specialised machinery essential to your operations.

Damage Coverage for physical loss or damage to your heavy equipment, whether on-site or during transit.

 

Environmental Liability Cover the costs of pollution cleanup, regulatory fines and remediation.

Driving Risk whilst on Public Road
Coverage for risks associated with operating your machinery on public roads.

Liability whilst being used
Protection against liability claims while your equipment is in use.

Lease Payment Protection Assistance with lease payments if your equipment is unusable due to damage or breakdown.

Liability Coverage for All Business Activities Comprehensive liability protection covering all aspects of your business operations.

Cyber Risks Protect your business from cyber attacks that could cause significant damage.

Agreed Value Assurance that you will receive a predetermined amount for your equipment in the event of a total loss.

Loss of Revenue Compensation for lost income if your equipment is out of operation due to a covered loss.

Read our reviews

The team at Crucial Insurance were professional, thorough and helpful. Tony took the time to compare my existing policies with other competitive insurances on the market. He recommended options that provided me with the coverage I required and were more cost effective. Thanks for the great service.

Alishia was a pleasure to work with, great on the phone and extremely knowledgable on policies. In fact, this is the reason brokers exist --I could not find a single insurance company, despite hours and hours of searching, with a policy that did what I wanted. Alishia had one in mind within a minute of speaking with me, and not long after, I was covered. Outstanding.

Thankyou to Tony and the Crucial Team! Tony designed insurance specific to our business needs and made it easy to understand. We have peace of mind knowing that they are there to support us.

A loss without insurance, resulting from a manager's mistake or an employee's carelessness can lead to significant legal, financial and emotional consequences. The appropriate insurance coverage ensures you're financially protected, offering you reassurance in case things go downhill.

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Choosing the Right Heavy Equipment Insurance Policy

Selecting the right heavy equipment insurance policy requires understanding your business's unique risks. An experienced insurance advisor can assess your needs and recommend coverages that offer comprehensive protection. Key considerations include:

Types of Equipment
Different machinery has different risks. Ensure your policy covers the equipment you use.

Operational Scale The size of your operations can affect your risk exposure and insurance needs.

Regulatory Compliance Mining is a regulated industry. Your insurance should help you comply with environmental and safety regulations.

The nature of your business
Every business is unique and ever-changing. As such, you need dedicated business insurance brokers who can help with your risk protection as your business changes.

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Why Choose Crucial Insurance and Risk Advisors for Your Heavy Equipment Insurance

Selecting the right Heavy Equipment Insurance policy requires understanding your business's unique risks. An experienced insurance advisor can assess your needs and recommend coverages that offer comprehensive protection. Key considerations include:

Access to hard-to-place insurance options
Our extensive partnerships and networks help businesses access insurance policies that other brokers can’t.

Tailored Insurance Solutions
We don’t believe in one-size-fits-all. Our policies match the unique aspects of your business, ensuring comprehensive coverage.

Award-Winning Expertise Our recognition in the insurance industry is a testament to the trust our clients place in us.

AFS Licensed Advisors Our team is authorised under Australian Financial Services Licences to provide the highest standard of advice and service.

Dedicated Support
We support you from the moment you reach out to us, through to any claims you may need to make.

Risk Management Focus We offer advice on risk management to help prevent issues before they arise.

Extensive Industry Knowledge We have deep insights into the mining sector, understanding the evolving landscape and its impacts on your operations.

By partnering with Crucial Insurance and Risk Advisors, you're not just buying a policy – you're investing in a safer, more secure future for your mining business. We provide peace of mind and help ensure your operations continue smoothly, even when faced with unexpected challenges.

Need to speak to an experienced expert in Heavy Equipment Insurance? Contact us today.

Need to speak to an experienced expert in Heavy Equipment Insurance? Contact us today.