Why Plant Hire Insurance is Essential for Your Business
As a business that rents out heavy machinery and equipment, having plant hire insurance is crucial to protect your assets and ensure the safety of your employees, customers and the public. This type of insurance provides coverage for any damage or loss that may occur while the equipment is in the possession of the renter, ensuring that you are not left with costly repairs or replacements.
Protecting Your Assets
One of the main benefits of plant hire insurance is that it protects the owner of the equipment from financial loss in the event of damage or destruction of the machinery. Without this coverage, you would be responsible for paying for repairs or replacement of the equipment, which can be very costly. Plant hire insurance ensures that your assets are protected and can help keep your business running smoothly.
Limiting Financial Burden on Renters
Plant hire insurance also protects the renter of the equipment. In the event that an accident occurs while the equipment is in their possession, the renter may be held liable for any damage or injury that results. Plant hire insurance can provide coverage for these types of incidents and help to limit the financial burden on the renter, ensuring that they can continue to operate their business without undue financial stress.
Compliance with Industry Regulations and Safety Standards
Many industries have specific regulations and guidelines for the use of heavy machinery and equipment, and failure to comply with these regulations can result in fines or penalties. Having plant hire insurance can help to ensure that the equipment is being used safely and in compliance with the relevant regulations and safety standards, which can help to prevent accidents and injuries. This not only ensures compliance with regulations but also protect workers and the public.
Contact Us for an Insurance Quote
Should you wish to avail of a free no obligation quotation please do not hesitate to contact us in either of our offices
Cork (021) 4275 347
Kerry (068) 59983
Alternatively e-mail us with your renewal date and we will contact you prior to your renewal. – newbusiness@mbcinsurance.com
Or fill in this form: