Machinery Movement Insurance
Coverage for the loss and damage caused to plant and machinery during the transit and installation process across commercial/residential projects; for one-off moves or on an annual basis.
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During a construction project, plant and machinery can be more susceptible to losses during transit and movement.
Theft, fire, and damage caused during transit and movement are all common risks and can cause significant interruption to a project if they occur.
Our response:
Machinery Movement Insurance
As a leading specialist provider of engineering and technology insurance, our Machinery Movement element of cover provides comprehensive coverage for the loss and damage caused to plant and machinery during the transit and installation process, across commercial and residential projects.
Principally targeted at haulage contractors and manufacturers, our element of cover is also relevant to businesses that move and re-site machinery on a regular basis.
Our machinery movement coverage provides:
- cover for one-off moves or an annual basis
- cover for machinery dismantling, loading, transit, unloading, erection, positioning, re-siting and taking out operations
Why machinery movement insurance from HSB?
Our underwriters and risk engineers have extensive experience in providing construction insurance and are recognised as experts in this field. Drawing on our vast expertise in the construction sector, we are able to provide insurance products to meet the insurable risks of a specific project.
- Policy wordings specifically designed with contractors, property developers and construction plant owners in mind
- Extensive underwriting expertise
- Specialist engineering knowledge of plant and machinery
- Cover available across the UK and Ireland
- Access to experienced in-house construction loss control risk engineers
- Access to claims handlers and loss adjusters with specialist knowledge of the construction industry
UK-based arm of
HSB Group
The equipment breakdown insurance and inspection market leader since 1866.
Part of
Munich Re
A world leader in risk solutions, consistent risk management, and financial stability.
Rated A++ (Superior) by
A.M. Best Company
Financially strong and stable.
Member of the Institute of
Customer Service
Demonstrating our commitment to continually improving customer service performance and professionalism.
Trading options
Non e-trade
Supported by our customer-centric team of underwriting and business development professionals.
E-trade
Access our e-trade products via our online solutions: HSB Fast Track or Acturis; fully supported by our E-Trade Team.
Delegated authority/reinsurance
We can provide our partners with capacity, as well as innovative, all-encompassing embedded solutions. If you’re looking to provide specialist cover as part of your commercial proposition:
HSB is committed to providing a superior customer experience through our specialist claims service
HSB Construction Insurance in action
Damage caused to a trailer and excavator whilst in transit
£18,000
Claim
Printing press damaged during transit
£135,000
Claim
Damage caused to a crane whilst in transit
£29,000
Claim
Insights
