Equipment & Machinery Insurance you can trust

FAQs

• What's Drive Pack Plus machinery and equipment insurance and why should I care? 

  Drive Pack Plus is a packaged all-in-one cover for all of your equipment, plant and mobile machinery. It's purpose-built for hard-working businesses with a lot of specialist gear and heavy duty machinery.  It comes with round-the-clock, nationwide roadside assistance to get you back on the road fast and Downtime Cover to help with cash flow while your equipment's being fixed.  

  You can also boost your cover with added extras like Public & Products Liability to protect your business against legal claims, as well as Work Tools Cover and Goods in Transit Cover - so you can have your equipment, your tools insurance and your cargo all covered under the one single machinery insurance policy. Job done. 

• Drive Pack Plus covers my equipment and machinery - but who covers the operator?

  The short answer is: we do! As well as covering all your equipment, machinery and work vehicles, we also provide a heap of additional benefits for the operator or driver. These include trauma counselling, help with taxi fees after an accident, and even getting your family to the hospital if you're being treated a long way from home. Find out more.

•  Are my work tools covered under accessories - or do I need separate tools insurance?

  Work tools aren't covered under your standard equipment and machinery insurance policy, which is limited to working accessories like buckets, chain trenchers, rock breakers, as well as tailgate loaders and HIAB crane arms (as long as they're attached to, in or on your work vehicle). But the good news is you can still protect your tools by adding Work Tools Cover to your Drive Pack Plus equipment insurance policy, if eligible. It can cover you in the event of accidental damage or theft and includes stuff like power tools, handheld tools and business equipment like laptops and smartphones. 

• Can you explain how insurance for machinery and equipment works? Why can't I just use a general motor insurance provider?

  While commercial motor insurance policies will often insure equipment, machinery and trucks, they tend to treat them the same as cars. But as anyone who operates heavy duty machinery will know, you can't just go to a car mechanic when something goes wrong. You need a specialist repairer - and a specialist machinery insurance provider. 

  Drive Pack Plus goes beyond just fixing up your equipment and covering your costs if you have an accident or your machine is stolen. With instalments made monthly or annually, you can access all of the following as standard:

  • Comprehensive commercial motor cover for equipment, plant and machinery - and work trucks and trailers too
  • Round-the-clock roadside assistance with nationwide coverage 
  •  Downtime Cover in the form of regular payments to tide you over while your equipment gets repaired

  We also offer a range of optional extras like Goods in Transit Cover, Work Tools Cover, and Public & Products Liability. 

• What features are important when looking for equipment and machinery insurance?

  If you or your team operates heavy duty gear, you should contact a specialist insurance provider like Truck Assist to see if we can help.   Our policy is tailored with features to  fit hardworking businesses like yours.  It includes comprehensive commercial motor insurance for your equipment, plant, machinery, trucks and trailers - including damage caused by your registered vehicle - as well as roadside assistance, access to a nationwide specialist repair network, variable excess (if applicable) and pay by the month options. Plus, you can add on policy extras - like tools insurance and cover to protect goods in transit.

• How much does equipment and machinery insurance cost?

  Well, there's a whole range of factors that can affect your equipment and machinery insurance costs. For example, the type of machinery, its value, where it's stored and how it's used. We also take into account your business experience and whether you've made any previous claims. Last but not least, if you choose any policy add-ons (like Public & Products Liability or Work Tools Cover) that will also affect how much you pay.

  You can get an equipment and machinery insurance quote in a couple of clicks using our online quoting process.

• What kind of vehicles can I insure?

  Drive Pack Plus is purpose-built for businesses that use a range of hard-working equipment on the daily. That's why our policy insures all kinds of work vehicles - from equipment, machinery and small mobile plant items to most rigid trucks and trailers. We can also accommodate some Prime mover operations. For a full list of the types of vehicles we insure, give us a call.

•  Can you explain what Public & Products Liability is?

  Liability insurance is a type of cover that aims to protect your business against compensation claims by members of the public. Let's say someone had an accident or their property got damaged in the course of your business activities. If they decided to make a claim against you, your liability insurance would cover any legal defence and representation costs, as well as the cost of settling their claim. You don't have to take out a separate policy either: just add Public and Products Liability to your equipment and machinery insurance. Job done. 

• What's Goods in Transit insurance? Do I need it if I'm mainly just operating machinery or equipment?

  Goods in Transit covers you against loss or accidental damage to any goods, supplies or equipment (yours or someone else's) while they're on the move from one location to another. So let's say you're delivering products to a customer or stock to a new premises and the items are dropped or damaged on route - your Goods in Transit insurance could cover that cost (as long as it happens within Australia).

• What's Work Tools Cover?

  Work Tools Cover is there to protect your Portable Power Tools and equipment (like compressors, welders and cement skimmers), Portable Electronics (like laptops and mobile phones) and Portable Surveying Equipment (like laser levellers or photographic and video equipment). It can be easily added to your existing equipment and machinery insurance policy and covers you in the event of accidental damage or theft from a locked vehicle.