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Standard Commercial Mobile Plant
This product is designed to pay for loss of damage to your mobile plant in the event of an accident .
The Standard Commercial Mobile Plant policy will cover the following key areas:
1. Accidental loss or damage
2. Fire
3. Theft
4. Malicious Damage
In addition to the physical damage to the mobile plant the policy will also pay any sums you become legally liable to pay in respect of :
- Loss or damage to third party property
- Death or bodily injury to third parties
Within the policy limits defence costs is included.
The policy does not however, cover loss or damage to underground services, hence the reason why there is a requirement in most cases to purchase a Public Liability policy to compliment this policy.
Coverage Benefits
The Standard Commercial Mobile Plant policy will include cover for:
- Market value of the Mobile Plant
- New Replacement value if the Mobile Plant is less than 12 months old
- Automatic cover can be provided for any additional mobile plant acquired without prior notification (provided it is replacing an existing mobile plant insured with us).
- Clean up costs following an accident
- Defence costs
- No excess for broken windscreens or window glass
- No excess for fire loss
- Third party road on and off road cover
- Employees Vehicles cover
- Reasonable costs for salvage and recovery
- Hoists & Hydraulic Equipment cover
- Rental Mobile Plant cover without prior declaration including consequential losses
- Tyre and Treads & Tracks
- Uninsured Third Party Extension
- Theft costs cover for the reward
- Travel costs incurred following a loss
The policy limits are pre-agreed with the insurance company which are exclusive to CablePrice but at the same time can be tailor-made to meet your specific needs.
Comprehensive Commercial Mobile Plant
We have also designed a Comprehensive Commercial Mobile Plant product which provides all of the benefits offered by the Standard Commercial Products but can include additional benefits such as:
- Loss of Use coverage to rent an alternative mobile plant while the mobile plant is off the road following a claim against the policy. The policy limits will be flexible to meet individual needs.
- Foreign Objects ingested into agricultural machinery
- Higher policy limits on Rental Mobile Plant cover.
- Higher policy limits for Windscreens or window glass.
- Higher policy limits on Tyres.
- Laid up – static cover if the Mobile Plant is off the road for a length of time
All clients will have the ability to “pick and choose” what options is appropriate to their particular situation. It will not be a “all for one” approach – why pay for an additional premium for a benefit you may not actually need?
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