Contractors' Plant and Machinery
Loss or damage to construction plant such as excavators, cranes, batching plants and compressors, whether at site, at rest or in operation.
Also calledContractors' Plant and Machinery · CPM
First thing, todayDo not move or repair the plant before survey, and secure the operator's licence and the log book.
- Tell the insurer now, not after the assessment.
- Leave the machine as it stopped and tell the manufacturer or the AMC before anything is opened up.
- Every document within the time the insurer asks for it.
When you would claim
- Overturning, collapse or impact damage on site
- Fire or theft of plant from site
- Damage while being shifted between sites
- Breakdown of the machine where the cover extends to it
What insurers most often rely on
- Plant not listed in the schedule, or listed at the wrong value
- Operation by an unlicensed or untrained operator
- Loss while the plant was on a public road, which many wordings exclude and leave to motor cover
- Wear and tear, or overloading
Every one of those is answerable, and several are decided by what was done in the first two days rather than by anything argued later.
The documents
most of it exists already10 items, and most of them exist somewhere in your own office already. Assemble them once and properly; a file sent in pieces takes three times as long to settle.
- Claim form and the schedule of plant with serial numbers
- Purchase invoice and current book value
- Operator's licence and the machine's log book
- Photographs of the plant as it lies
- Police report where theft or a road incident is involved
- Repair estimate, itemised
- Site details and the reason the plant was where it was
- Cancelled cheque and bank details in the insured's name, for the NEFT payment
- Details of any other insurance covering the same risk
- A claim bill: the amount claimed, itemised, with the working behind it
Next
Machinery Breakdown Claim: What to Do, and what it shares with this
The machinery breakdown playbook is the one to open. The rule it turns on holds here too: nothing is dismantled, by you or by the manufacturer, until the surveyor has seen it as it stopped.
Check the sum insured
This cover carries an average clause. Declare less than the value at risk and every claim pays that proportion short, a partial loss exactly as much as a total one. Three numbers will tell you where you stand.
Filed under: Property and engineering · Breakdown and machinery
Claims that sit next to this one
the same premises, or the same eventContractors' and Erection All Risks
the works the plant is building
Machinery Breakdown
plant that stays in one place
Commercial Vehicle Damage
plant that is also a vehicle
Machine down and the surveyor not been yet? Report a loss or call 92514 56334.