Mobile plant & equipment insurance


Many insurers cover mobile plant especially road registered plant, under a commercial motor vehicle policy, while this option does work, it does not provide some of the benefits of a mobile plant policy e.g. 

  • Settlement on an agreed value basis as opposed to a commercial vehicle policy which is based on market value
  • Cost appreciation – where a replacement vehicle costs more than the original
  • Limited breakdown cover – this is not covered on a commercial motor vehicle policy
  • Lower excesses
  • Wider cover 

The agreed value and cost appreciation benefits can make the difference between being able to replace the vehicle/plant or not after a total loss claim. Why not get the best cover possible?