All-in-one protection for static plant and mobile machinery.

On Site, On Road, On Demand

Plant and equipment insurance acts as your financial shield, protecting your trade tools, machinery, and owned or hired equipment against unexpected loss, damage, or breakdown.

Imagine arriving at a job site to find your excavator vandalized, or having a vital piece of machinery break down mid-project. In an instant, missing or damaged gear halts your timeline, leaving you facing steep repair costs, lost income, and project delays.

As Sydney’s leading business insurance brokers, CIG does the heavy lifting for you. We compare policies across Australia’s major insurers to find cover that matches contractors, operators, and businesses that own or hire heavy machinery and mobile plants.

Partner with CIG’s insurance brokers and lock into the right protection today.

What Is Plant and Equipment Insurance?

Plant and Equipment Insurance protects the machinery and gear you own, hire, or operate. Therefore, covering you against unexpected damage, theft, and costly project delays.

We help make sure your sum insured is accurate, as payouts vary depending on whether your insurance covers market value or full replacement cost.

Key coverage for:

  • Material Damage
  • Transit & Road Risk
  • Dry Hire
  • Unspecified Attachments

Majority of equipment covered:

  • Earthmoving & excavation machinery
  • Cranes & tower cranes
  • Aerial access equipment (boom lifts, scissor lifts)
  • Drilling & concreting equipment
  • Forklifts & material handling equipment
  • Ancillary plant & power equipment (generators, compressors)
  • Heavy vehicles & transport equipment

Who Needs Plant and Equipment Insurance?

If you operate heavy machinery, civil earthmoving fleets, or commercial plant gear, standard business insurance won’t cover your daily operational risks. Standard policies rarely account for high-exposure trade hazards like rigging failures, boom strikes, transport accidents, or third-party liabilities.

From contractors, owner-operators, and hire companies to civil, mining, agricultural, and construction firms. Anyone who owns, leases, or hires out equipment faces severe financial loss if an asset is damaged, stolen, or causes injury.

At CIG, we deliver tailored insurance solutions for small and medium enterprises across Australia. Below are the specialized plant and equipment businesses that trust us to protect their operations.

Earthmoving, Excavation & Civil Contractors

Heavy Lifting & Crane Hire Operations

  • Mobile crane hire businesses (wet hire and dry hire)
  • Tower crane operators and erection crews
  • Franna, crawler, and mini spider crane operators
  • Gantry and overhead crane operations

Access, Material Handling & Support Fleets

  • EWP, cherry picker, and boom lift hire companies
  • Telehandler and rough-terrain forklift operators
  • Heavy float, transport, and machinery haulage fleets
  • Heavy machinery maintenance, repair, and inspection specialists

How We Get Your Plant and Equipment Insured

Detailed Assessment of Your Operational Risks

We start by listening. Whether you operate a single excavator or manage a large mobile fleet, we map out your machinery, site usage, transit routes, and dry or wet hire arrangements to uncover hidden risks.

Compare Policies From Australia’s Top Insurers

We put your risk profile to the market and compare plant and equipment insurance options from leading Australian insurers, laying out clear coverage options and competitive premiums.

Tailor Your Sums Insured & Transit Limits

Standard policies leave dangerous gaps. You will receive a policy quote tailored to your fleet size, equipment value, and industry to ensure your assets are fully protected without overpaying.

Partner for the Long Term

Unlike traditional brokers, we don’t disappear once the policy is placed. When an incident occurs on site, we manage your claim directly with assessors. As your fleet expands we adapt your coverage to stay aligned.

Ready to get started? Get in touch with a CIG broker today.

Why Use an Insurance Broker?

A broker unlocks market options and better rates you can’t get on your own, saving you money for the long haul. Better yet? When you have a claim, we do the heavy lifting, dealing with the insurer directly and advocate for your payout.

Better options. Zero hassle. Your personal insurance ally.

What Sets CIG Apart?

When a $400,000 excavator is sitting idle waiting on a claim, you need a broker who moves fast and knows the industry inside out. That’s why Australian businesses trust CIG to find and manage the right plant and equipment cover for them.

Built for the Way You Operate

Whether you’re running a single excavator or a mixed fleet across multiple sites, we build cover around your actual asset register, usage patterns, and risk profile. No call centres, no cookie-cutter policies, just protection matched to the equipment you own and the jobs you take on.

Proactive Claims Management

When a crane overturns, hook liability is triggered, or an expensive load suffers damage in transit, we don’t hand you a phone number. We step in immediately, manage the claims process directly with heavy-plant assessors, and advocate aggressively for your best financial outcome.

A Team That Knows Heavy Plant

Led by Director Jeff Tyler, our brokers have spent years placing cover for construction fleets, earthmoving operators, and crane hire companies. That hands-on experience, combined with strong underwriter relationships in the heavy-asset space, means we know which insurers actually pay claims and which policies leave gaps.

FAQs Plant and Equipment Insurance

Do I need a single item or annual policy?

Single item policies are designed for one-off purchases or specific, short-term project needs. Annual policies are generally better suited for businesses operating multiple pieces of plant and equipment, providing continuous coverage and easier fleet management throughout the year.

Is mobile plant covered under a standard business insurance policy?

No, a mobile plant typically requires a specialised policy or a specific add-on. Standard business insurance policies generally cover fixed assets at specific premises and often exclude machinery operating off-site or on active worksites.

How do I lodge a claim for damaged equipment?

If your equipment is damaged, secure the site to prevent further harm, document the damage with photos, and collect all relevant incident details. You can easily manage your claim directly through contacting CIG’s team today.

Plant and Equipment Insurance Starts with CIG

Protect your plant and equipment today.

Your heavy plant and equipment operators are the engine of your cash flow. CIG keeps your fleet covered, compliant, and moving forward.

Protect your business today with tailored protection by speaking to an experienced CIG insurance broker today and lock in the right cover.

Curious about Plant and Equipment Insurance?

Speak To One Of Our Brokers Today