Machinery Insurance

The policy covers all installed machinery, or specified plant and equipment, at specific locations for sudden and unforeseen damage, including pressure explosion, collapse, breakdown, accidental damage and toppling.

We also cover damage arising from the operator's error or omission during the normal operations of the machinery.

We insure:

• Boiler and Pressure Plant
• Cranes and Lifting Machinery
• Lifts and Hoists
• Electrical and Mechanical Plant

In the event of an insured loss, RSA will cover your customers for the value of the property destroyed or the cost of repair. At its option, RSA may reinstate or replace the plant from any cause not excluded.

Our policy dovetails to a company’s property covers, providing a blanket “All Risks” cover.

We also offer Business Interruption cover as part of our Machinery policy. In the event that the operation of your customer’s business is interrupted by an insured event, we will pay the profit or revenue lost by your customer as a direct result.

The Machinery Cover also contains standard extensions, including:

Temporary Removal – The perils covered are extended to include fire and theft whilst the property is temporarily removed for repair, maintenance, overhaul or inspection.

Additional Property – Cover is provided in respect of any additional installed plant of a similar nature and capacity to that covered under the policy.

Temporary Repairs – We will pay the reasonable cost of effecting the temporary repair, up to a limit of £10,000.

Pressure Explosion Damage to Owned Property – We will cover your client against pressure explosion damage to surrounding property belonging to the customer or for which they are responsible.

Cost of Replacement Equipment – We will pay the cost of hiring in substitute plant until repairs have been carried out on damaged property.