Crane Hire Insurance
Crane hire insurance with public liability cover
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Public liability cover for crane hire
Working with such mammoth machinery makes public liability essential to your crane hire insurance policy. This protects you if your crane becomes involved in an incident that damages property or causes injury to a member of the public. For example, an unknown fault in your crane could cause the hook to snap unexpectedly, causing heavy materials to fall onto a car or another piece of expensive equipment. Even if you’re not responsible for an incident like this happening, legal action could still be taken against your business. However, public liability spares you from having to pay costly compensation and other relevant fees yourself. That’s why we include public liability cover for up to £5 million as standard in all of our crane hire insurance policies. Your business stays safe as we cover the damages.
Crane hire insurance: What can be included in your policy?
To ensure you receive the best possible cover for the most affordable price, you’ll find everything you may possibly need in your policy, including:
- Public & Products Liability up to £5 million
- Employers Liability at £10 million
- Contractors All Risks Insurance which provides cover for
- Contract Works
- Owned Plant
- Hired-in Plant
- Employees’ Tools
- Essential Legal Expenses at £100,000
What is crane hire insurance?
Cranes are essential for large-scale construction jobs, but operating them comes with huge risks. One wrong move could cause an accident that results in significant property damage, or cause harm to anyone in the immediate area. As the owner of a crane hire company, you will still need insurance to protect your business from incidents outside your control, even if you already follow all the necessary safety precautions to a T. If a claim is made against you after an unexpected event involving one of your cranes, we cover the cost of any compensation or legal fees on your behalf.
Why do you need crane hire insurance?
Hiring out and operating a crane can be extremely hazardous. The possibilities of theft and breakages are equally worrying when the machine is so integral to every project. Therefore, it’s important to have an insurance policy that safeguards your business against such problematic events. Unfortunately, many providers consider your profession too risky to cover. Rather than settling for a standard insurance package that’s unlikely to meet your needs, choosing a customised crane hire insurance policy from Tradesman Saver means your company and crane operators won’t be held financially responsible for unexpected accidents.
How our crane hire insurance works
Complete the online quote form on our business insurance website – Brisco Business Insurance
Get instant quotes from our panel of insurers and choose the one that’s right for you
Instantly activate your Brisco Business Insurance policy and view your certificates online
Crane Hire Insurance: Frequently Asked Questions
How much is crane hire insurance?
Like all other kinds of insurance, the cost of your crane hire policy will depend on the specifics of your company. For example, the price will increase if claims have previously been made against your business, or if your cranes typically operate in particularly hazardous locations. The number of covers you want will also influence the final cost.
Is crane hire insurance a legal requirement?
If your company has any employees, you’re legally obligated to have employer’s liability insurance in place. However, this doesn’t make other covers any less valuable. It would be a poor idea to neglect public liability, for example, considering how dangerous your profession is, while contractors all risk insurance will cover you if your crane is damaged or stolen. Furthermore, you may not be able to take on as many jobs as you’d like without a suitable insurance policy in place, as many clients will refuse to work with crane hire companies who don’t have proper cover.
Do I need crane hire insurance if I am hiring a crane from another company?
No, crane hire insurance protects businesses that hire their cranes out to third parties, while also covering the operator of the crane itself. If you are hiring a crane from a company like this, you will need your own insurance policy. For example, contractors all risk insurance covers you for damages and losses to hired-in plant, equipment, tools and materials.