Heavy Equipment Insurance

Equipment loss or damage can stop a project in its tracks and generate unpredicted additional costs. Protect your investments and your company with an insurance policy that will help you cover losses and mitigate risks.


At One Broker, we understand that construction contractors face unique risks on the job. We offer specially designed and flexible insurance solutions for owners and operators of heavy equipment.


Heavy Equipment insurance provides broad coverage for damage to owned, rented or borrowed machinery, such as excavators, forklifts, cranes, diggers, dumpers, mixers, rollers, or other equipment used on job sites. Electrical and mechanical equipment are both covered against physical damage and the choice of what is insured belongs to you. You may select specific items or tools to include in the insurance, stored at one or more locations.

Heavy Equipment insurance is an all-risks policy, covering any risk or peril apart from those specifically excluded in the wording.


Additional coverage options are also available, including:

  • Dismantling

  • Debris cleanup after an accident

  • Additional customs duty

  • Airfreight

  • Express freight

  • Escalation

  • Earthquake

  • Third-party cover

  • Terrorism


Speak to an expert who understands your industry and speaks your language

If you are looking to protect your business, get in touch with One Broker and discuss more about coverage options with one of your experts.