Cover Your Plant and Machinery
At Different Projects.
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Insurance Partners
1.5 Million+
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Policies Sold
Contractor Plant Machinery
What is Contractor’s Plant & Machinery Insurance?
The execution of almost all projects necessary requires use of various types of plant and machinery. The nature and the type of equipment may differ according to the nature, type and location of a project and may even differ at different stages of the project. Such equipment may comprise of cranes, compressors, road-rollers, vibrators, welding sets, hydraulic excavators and the likes. While it is possible to have the contractor’s Plant and Machinery covered under an EAR or CAR Policy at specific project sites, Contractors’ Plant and Machinery (CPM) Insurance has been designed to provide a cover on annual basis to a contractor who may be using his plant and machinery at different projects during the course of the year.
Why you should Buy eSanad Contractor’s Plant & Machinery Insurance?
The need of Plant and machinery insurance is more than ever before due to the following reasons
One point contact for all requirements
Better understanding of risk, effective underwriting of portfolio and better risk management
Dedicated Risk engineers to cater construction sector clients
Financial strength and supreme claims paying capacity
Why do you need Contractor’s Plant & Machinery Insurance
It covers all the damage/loss of the insured’s machinery such as cranes, bulldozers, compressors, etc. The advantage of this insurance policy is that it provides cover to the insured’s machineries irrespective of the fact that they are working / at rest/ dismantled for cleaning purposes.
Who Needs Contractor’s Plant & Machinery Insurance?
The policy can be taken by the Owner, Lessor or Hirer (where responsible either legally or through a leasing agreement) of the Machinery/Equipment.
What is covered by eSanad Contractor’s Plant & Machinery Insurance?
Below are the detailed inclusions and exclusions of our Contractor’s Plant & Machinery Insurance
Inclusions
It’s an All Risk Policy, i.e., everything is covered except specifically excluded.
Contractor’s Plant & Machinery Insurance articles
What is Contractors Plant and Machinery Insurance?
21 Apr 2025
The execution of almost all civil engineering projects, like residential & non-residential properties, schools, hospitals, bridges, etc. demands the usage of various plants and machinery to aid their construction and renovation. Bulldozers, cranes, compressors, forklifts, hydraulic excavators are some examples of the machinery used in construction projects.
The Top 5 Benefits of Contractor's Plant and Machinery Insurance
14 Dec 2025
In the fast-paced world of construction and infrastructure development, contractors rely heavily on specialised equipment and machinery to get the job done efficiently. From excavators and bulldozers to cranes and concrete mixers, these high-value assets are not only essential but also vulnerable to various risks such as accidents, natural disasters, theft, and damage. This is where Contractor's Plant and Machinery Insurance comes into play, offering extensive coverage tailored specifically for these valuable tools.
Key Coverage Options in Contractor's Plant & Machinery Insurance Explained
14 Dec 2025
Contractor's Plant and Machinery Insurance is a critical safeguard for businesses operating in the construction and infrastructure sectors. It provides protection against a wide range of risks that can potentially disrupt project timelines and budgets. In this blog, we will explore the key coverage options within Contractor's Plant & Machinery Insurance, helping you understand the importance of each aspect.
Frequently Asked Questions
CPM insurance covers physical loss or damage to machinery such as cranes, excavators, bulldozers, and compressors due to risks like fire, theft, accidents, natural disasters, and external impacts.
It covers mobile and stationary construction equipment such as cranes, loaders, forklifts, excavators, road rollers, compressors, and drilling machines used at project sites.
Yes. CPM insurance provides coverage across multiple project sites and is not limited to a single location, making it ideal for contractors working on different projects.
Yes. Many policies include coverage for machinery while being transported, including loading and unloading, subject to policy terms.
Yes. Coverage applies when machinery is at work, at rest, or undergoing maintenance or dismantling for cleaning or repairs.
Covered risks include accidental damage, theft, fire, vandalism, collision, impact, natural disasters such as floods and storms, and other unforeseen events.
Common exclusions include wear and tear, mechanical or electrical breakdown, operator negligence, intentional damage, and illegal activities unless specifically covered.
Contractors, construction companies, equipment owners, leasing companies, and businesses using heavy machinery should purchase CPM insurance.
Yes. CPM policies can be extended to include third-party liability for injury or property damage caused by the insured machinery.
Premium depends on machinery value, type of equipment, usage, project risk, location, and claims history.
You typically need machinery details, purchase value, usage information, company details, and project information.
Inform the insurer immediately, submit damage reports, invoices, and supporting documents, and cooperate with surveyors during assessment.
CPM insurance covers construction equipment and machinery, while CAR insurance covers the overall construction project, including materials and third-party liabilities.