Mining Contractors Insurance

Being a mining contractor exposes you to significant risks. We’ll help you safeguard against these risks by finding you suitable insurance policies for your needs - at the right price. We are a fully licensed AFSL brokerage with a wealth of experience in the mining and construction industries. Call us on 1300 400 707. Or fill in the form to speak to an experienced mining insurance specialist today.

Working in the mining industry exposes both your business and personal assets at risk. Further, depending on the nature of your business, you may be required to have the correct insurances in place to operate. As business insurance brokers, we will use our extensive insurer networks to help you find the most appropriate cover for your needs and budget, as well as work on your behalf to make claims when required.

We regularly partner with mining contractors to help them place both traditional and alternative insurance solutions. Don’t be left uninsured or pay too much for your insurance premiums. Contact us to see how we can help.

We are an award-winning insurance broker

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What is Mining Contractors Insurance?

Many mining contractors provide essential services to mines including engineering, machining, fabrication, line boring, shutdown maintenance and more. It is crucial that your insurance protection is designed to extend coverage to all these business activities.

Managing a business in the mining industry exposes you, your colleagues and company to several risks. Whether it be an error made by a manager or an injured worker, one unfortunate event could result in phenomenal legal, financial and personal consequences.

Basically, Mining Contractors Insurance provides you with the protection you need should things turn for the worse. Mining Contractors Insurance often consists of two main insurance policies: Professional Indemnity Insurance and Public Liability Insurance. Depending on the size and nature of your business, you may or may not need both. We will work with both you and the insurer to create a tailored policy that protects you from risks associated with your particular business.

Professional Indemnity Insurance

Professional Indemnity Insurance protects your mining-related business from claims made by your clients and customers against you as a result of the advice that you provide them. If your business provides advice or service for a fee then you will be deemed to be providing a professional service.

Public Liability Insurance policies do not extend to cover claims arising from services provided for a fee so it's crucial you protect your business with Professional Indemnity Insurance.

Public Liability Insurance

When it comes to Mining Contractors Insurance, Public Liability Insurance covers your business in the event there is a claim against you for Personal Injury and /or Property damage arising from your business activities. A Liability Insurance policy will cover you for your legal liability and will also extend to cover your legal defence costs to assist in defending the claim or settling the claim.

An example of such a liability insurance claim is where a customer may slip and fall on your premises, consequently suing you for breaching your duty of care - your insurance should then be able to help cover the potential costs associated with this.

What does Mining Contractors Insurance cover?

Depending on the nature, risks and needs of your business, we can tailor your Mining Contractors Insurance policy to cover you on items such as:

Damage to property

Mine risks and security

Personal injury

Product liability insurance

Property damage

Waterways and ground contamination

Cyber attacks

The accidental releasing of harmful chemicals

Public and product liability

Damage control costs

Chemical drifts

Operational liability

Workers’ compensation

Unintentional infringement of intellectual property rights

Water damage and machinery breakdown

Defamation

Legal defence costs

Broadform liability

Extension to subcontractors

Fixed plant and equipment

Environmental pollution

Various breaches

Care custody

Product recall

Storage

Design faults and defects

Towage and recovery

Liability for Damage as a result of negligent advice

Legal costs including any awarded against you

Claim Investigation Costs

Material loss and damage

Storms, earthquakes, fires and cyclones

Light and heavy machinery

Injury or loss to third parties

Accidental damage

Public Relations / Crisis Management costs

This is not an extensive list. Contact us to discuss your particular business requirements.

Mining Contractors Insurance: who is covered?

Having the right insurance cover is crucial for any business in the mining industry. It covers a diverse range of occupations and business types, some of which are below.

Engineering contractors

Mine technicians

Environment technology specialists

Mine geologists

Fly-in fly-out workers

Construction workers

Research and development

Cementing operators

Exploration and seismic research specialists

Boilermakers

Safety coordinators

Environmental management

Cementers

Underground mining contractors

Electricians

Drilling contractors

Consumable supplies specialists

Energy contractors

Logistics management

Dragline operators

Welding and fabrication

Mining production engineers

Roof bolting specialists

Offshore contractors

Drilling contractors

General plant maintenance operators

Mineral sands specialists

Education and training specialists

Truck drivers

Mineral Exploration including water drilling

Mechanical fitters

Mobile Plant Operators

Project Manager

Geologists

Maintenance planners

Mineral exploration specialists

Welders

Mapping and planning specialists

Superintendents

Mining operators

Mining and processing technology specialists

Mining engineers

Alluvial mining specialists

Mining specialists

Document contractors

Financial services for mining companies

Blasthole drillers

Earth moving specialists

Mining software systems specialists

Drillers

Mine security specialists

Mining driller

Oil rig contractors

Project managers

Mine security specialists

Excavation specialists

Geotechnical engineers

Air leg miners

Mineral handling systems

Dewatering contractors

Machinery maintenance operators

IT services

Mine relining services

Longwall support specialists

Conveyor belt specialists

Diesel fitters

Explosive specialists

Operation of Continuous Miner

Rock Bolters

Mine management specialists

Shaft Sinkers

What our clients say

Why mining contractors continue to choose Crucial Insurance

You don’t want to make any mistakes when it comes to choosing the right Mining Contractors Insurance policy. One error could result in unnecessary fees, or worse yet, spell disastrous financial consequences in the future. Our depth of experience in working with mining-related industries Australia-wide, proactive approach to advisory and access to both national and international networks give our clients advantages that are hard to find elsewhere.

Further, we are a licensed business insurance broker that holds an Australian Financial Services Licence (AFSL). As licensed insurance brokers, we are regularly audited to ensure that we offer an exceptional level of service and integrity. Which is another way of saying that in such a risk-prone industry, you’re in good hands. We work for you, not the insurers.

We also believe we’ve been voted Insurance Broker of the Year for a good reason: when it comes to insurance, we like to treat our clients’ mining contractor  businesses as if they are our own. Because of this, we value ethics and exceptional advisory over profits.

Looking for Mining Contractors insurance? Contact us to speak to an experienced Mining Insurance specialist.