Heavy Equipment Insurance

More and more construction and maintenance projects are being carried out, both in cities and in non-urban areas. These projects almost always use heavy equipment. In cities, excavators are used for land clearance and leveling, and cranes are essential for construction of tall buildings. Even in non-urban areas, bulldozers and tractors are used to clear land.

In carrying out such construction or maintenance, there is always a risk of damage to the heavy equipment. Factors including human error and weather or other natural conditions can have a negative impact leading to damage. Damage can also be caused by riots or demonstrations rejecting the project itself. These are unpredictable events, and one way to reduce the risk of financial losses is to transfer this risk to an insurance company.

Adira Insurance’s heavy equipment insurance products provide comprehensive or total loss coverage for heavy equipment such as tractors, bulldozers, excavators, cranes and other types of heavy equipment against damage, whether during operation or not, caused by:

Fire,
Collision,
Theft,
Events influenced by weather.

These products can be extended to provide coverage for:

Riot,
Personal injury, and
Third-party indemnity.

For more information about heavy equipment insurance, contact 021 390 3456 or our nearest representative office or send an email to Adira Insurance.

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