Insurance for “hired in” plant equipment
Whether you hire your plant equipment from Central Plant Hire or any other plant hire company you are responsible for any loss or damage to the equipment. This is standard within all hire contracts. However, this is not always clear, so it is important that you, the “hirer” is adequately insured for loss or damage to the “hired in” equipment.
As members of the HAE (Hire Association Europe), Central Plant Hire is licensed to offer Hireguard Insurance cover for our equipment whilst on hire. For a small percentage of the net hire charges (15%, not subject to VAT) you are insured against loss or damage from the moment you take possession of the equipment to the moment it is returned or collected by our transport. (Some restrictions apply, please ask for full details or click on the link below).
As the “hirer” you are responsible for the equipment not only from delivery, but also once off-hired until returned or collected. The financial risk if, for example, a 1.5 tonne mini digger were stolen, would be anything up to £14,000, and a 3 tonne mini digger £25,000. Any on-site damage to the equipment, which is also the responsibility of the “hirer”, can be considerable.
Many “hirers” presume their liability policy or in the case of private hirers, their buildings and contents policy will cover “hired in” equipment that is stolen or damaged; they will not! Unless the hirer has “Hired in Plant Insurance” on their policy they are not covered.
If you are an account customer or applying to be an account customer and you require insurance cover please download and fill out the following form
HAE Account customer document
HAE summary of cover document