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Equipment and Machinery Insurance Protecting the Machines That Power Your Business

Your plant and equipment are vital assets that keep your business operating every day. Whether you work in construction, earthmoving, agriculture, mining, or logistics, the breakdown, theft, or damage of critical machinery can lead to costly downtime and lost productivity.

Equipment and Machinery Insurance provides protection for a wide range of plant, equipment, and machinery — ensuring your business can recover quickly when the unexpected happens.

What the Policy Covers

This insurance provides cover for loss, damage, or theft to your insured machinery and associated equipment, as well as optional extensions for financial protection against operational interruptions or third-party liability.

Typical cover options include:

Covers damage or loss caused by accidents, natural events, or theft.

Optional cover for machinery that you hire or lease.

Covers sudden and unforeseen breakdown of machinery components.

Protection for registered plant and equipment used on public roads, as well as while being transported between worksites.

Covers financial losses from inability to operate due to insured damage.

Covers damage to other property or injury to third parties arising from machinery use.

Types of Equipment Covered

We provide tailored protection for most types of mobile and fixed plant equipment, including:

Cranes / Tower Cranes

Earthmoving Equipment – Excavators, Backhoes, Loaders, Graders, Bulldozers

Forklifts / Scissor Lifts

Lifting Equipment and Hoists

Concrete and Water Trucks

Drilling Machines, Rock Breakers, and Borers

Agricultural and Farming Equipment – Tractors, Harvesters, Irrigation Machinery

Forestry Equipment – Wood Chippers, Mulchers, and Logging Machinery

Why It Matters

Machinery is often the backbone of your business operations. A single incident involving a crane, excavator, or other plant can lead to major repair costs, lost income, and contractual delays.

Equipment and Machinery Insurance ensures you’re protected financially, giving you the confidence to keep your projects moving — no matter what happens on-site.

Who Should Consider This Cover

Ideal for businesses operating heavy machinery across construction, mining, agriculture, and related industries.

Earthmoving and Civil Contractors

Businesses involved in excavation, site preparation, and infrastructure works.

Construction and Crane Operators

Operators managing lifting, building, and structural construction activities.

Mining and Quarry Operators

Companies engaged in extraction and processing of minerals and raw materials.

Agricultural and Farming Businesses

Operations focused on crop production, livestock, and rural farming activities.

Forestry and Timber Operations

Businesses involved in logging, timber harvesting, and forest management.

Equipment Hire Companies

Providers of machinery and equipment rental services to various industries.

Keep Your Operations Moving

At Bind Insurance, we understand the unique risks faced by operators of heavy equipment and plant machinery.

Our specialist brokers work with leading insurers to tailor cover that meets your operational, contractual, and financial needs — ensuring your machinery and livelihood are protected.

Need assistance?

Call 1300 BIND NOW (1300 246 366) or reach out online — we respond promptly.

Related Products

Business Insurance

Industrial Special Risks Insurance

Portable Property Insurance