Contractors Plant Insurance covers owned or hired-in plant, and it is essential to have the machinery and plant that is your day to day apparatus or hired out to key customers covered.
If you are hiring out plant, there is likely to be a stipulation within your hire agreement which requires you to have Contractors Plant Insurance in place which this policy will cover you for.
Policy covers
Owned plant is covered throughout the UK including transit (other than by sea or air)
Hired-in plant cover on a legal liability basis
Premium calculated on total market value of owned plant and the estimated annual hire charges to hired-in plant