Your equipment builds the project — we protect the equipment.
All-risks coverage for contractor's plant, machinery, and equipment — whether on-site, in transit, or temporarily stored — against damage, theft, and accidental loss.
Contractor's Plant & Equipment Insurance
Protect your machinery and equipment on every site
- Basis
- All-risks
- Transit
- Site-to-site covered
- Settlement
- Agreed value
- Hired plant
- Extension available
Contractor's Plant & Equipment Insurance
Protect your machinery and equipment on every site
Contractor's Plant & Equipment (CPE) Insurance provides all-risks material damage coverage for mobile and fixed equipment used in construction, mining, and infrastructure projects. From excavators and cranes to batching plants and scaffolding, your assets are protected against accidental damage, theft, fire, flood, and collapse.
Coverage extends to equipment in transit between sites, during loading and unloading, and while temporarily stored — giving you seamless protection across the full equipment lifecycle.
Coverage & Reach
Who It's For
Who Needs Contractor's Plant & Equipment Insurance?
Construction contractors with owned plant and equipment fleets
Mining companies operating heavy extraction machinery
Infrastructure developers with cranes and batching plants
Equipment rental companies managing hire fleets
Engineering firms with specialized project equipment
Why It Matters
Key Benefits of Contractor's Plant & Equipment Insurance
All-risks material damage coverage
Theft and accidental loss protection
Coverage in transit between sites
Loading and unloading included
Temporary storage covered
Hired-in plant extension available
What's Included
Coverage Features & Capabilities
All-Risks Basis
Everything is covered unless specifically excluded — no need to name perils.
Transit Extension
Equipment covered while being transported between project sites, including loading/unloading.
Hired-In Plant
Extension covering equipment you hire, protecting against damage liability to the owner.
Rapid Replacement
Agreed-value settlements enabling fast equipment replacement without depreciation disputes.
Important Information
Standard Coverage Exclusions
The following are typically excluded from standard policies. Specific terms vary by placement.
- Mechanical or electrical breakdown (covered under machinery policy)
- Wear and tear, corrosion, or gradual deterioration
- Loss due to war, terrorism, or nuclear risk
- Equipment used for purposes other than declared
- Damage from overloading beyond manufacturer specifications
How It Works
Your Path to Protection in 4 Steps
Asset Register
We compile a complete schedule of plant and equipment with valuations.
Risk Survey
Site conditions, security, and operational risks assessed.
Program Placement
Coverage placed with specialist construction insurers at competitive rates.
Ongoing Review
Asset register updated as equipment is acquired, sold, or moved between sites.
Claims
How Claims Work
A clear, structured claims process designed for fast resolution.
Report the Incident
Notify us within 24 hours of damage, theft, or loss. Provide equipment ID, site location, and circumstances of the incident.
Site Inspection
A surveyor inspects the equipment on-site, photographs damage, and reviews maintenance records and operator logs.
Valuation
For total loss, agreed value applies. For partial damage, repair costs are assessed including parts, labor, and mobilization.
Settlement
Agreed-value settlements enable rapid equipment replacement. Partial damage claims settled on repair cost within 14 business days.
The Thai Insurances Advantage
Why Choose Thai Insurances
We are a single accountable insurance partner combining deep market access, specialist underwriting, and global claims capability — so your coverage is engineered as a system, not assembled from fragments.
- All-risks basis — no need to identify specific perils
- Transit and storage coverage across multiple project sites
- Agreed-value settlements for rapid replacement
- Specialist construction and engineering insurance expertise
$4.2B+
Trade Value Protected
12,000+
Verifications Completed
87
Countries Covered
3,500+
Active Clients
Common Questions
Frequently Asked Questions
All contractor's plant and machinery — excavators, cranes, bulldozers, batching plants, scaffolding, generators, compressors, and similar equipment used in construction and engineering projects.
Explore Further
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Coverage for commercial buildings, plant, machinery, and contents against fire, natural disasters, theft, and accidental damage.
Learn moreSectors We Serve
Industries Covered
Learn More
From the Knowledge Hub
Ready to Secure Your Contractor's Plant & Equipment Insurance?
Get a tailored proposal within one business day. Our specialists will structure coverage, terms, and pricing around your specific operations.
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Business Hours
Monday – Friday: 8:30 – 18:00 (GMT+7)
Saturday: 9:00 – 13:00 (GMT+7)
24/7 claims hotline for policyholders
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