Crane Insurance

Crane Insurance

Nondestructive testing insurance

Why Crane Insurance matters

As a crane operator, finding appropriate insurance is critical to mitigating the inherent risks of liability and potential machinery losses. This coverage serves as a vital safeguard, protecting against life-threatening incidents and financial repercussions arising from accidents or equipment damage.

To ensure the stability and continuity of your business operations, it is crucial to protect against such liabilities. In the event of unfortunate and unforeseen events during crane operations, investing in crane insurance provides peace of mind and financial security.

Get a Quote

Let us help you insure your cranes

At Morgan Insurance Brokers, we are specialists in helping you source the best crane insurance. We understand the complexities involved in this sector. Hence, we offer to lift that burden by presenting only the most appropriate coverage solutions that ensure protection against property damage, liability claims, and risks related to crane operators.With access to a large panel of potential insurers, save yourself hundreds of thousands of dollars by signing up for a policy that is committed to supporting businesses in the construction and heavy equipment industries. Reach out to us today to receive quotes from some of the best Australian insurers.

Our suite of covers for crane operations include:

At Morgan Insurance Brokers, we believe in finding the right service tailored to your specific needs. Our suite of covers for crane operations include: 

  • Comprehensive liability insurance 
This is protection against claims brought by third-parties, including customers, clients, suppliers, and other members of the public. 
  • Coverage for crane damage and associated equipment 
In the event of an accident, fire, theft, vandalism, or natural disaster, crane insurance coverage insures against physical damage to cranes and their associated equipment. 
  • Workers’ compensation insurance 
For crane operators, this typically includes medical expenses, lost wages, disability benefits, and death benefits. 
  • Specialized policies for project-specific risks and requirements
This may include coverage that aligns with specific contractual agreements and environmental factors.

How Morgan Insurance Brokers can help obtain Crane Insurance 

By trusting Morgan Insurance Brokers to pair you with the perfect insurance provider, you can rest assured that your cranes will be backed by tailored insurance solutions.

Our team of dedicated experts work diligently to match you with insurance providers who offer extensive coverage that aligns with your specific needs and regulatory requirements.

Get a Quote

When it comes to crane operations, insurance coverage is a little more complex. Since cranes are not classified as motor vehicles, Compulsory Third Party (CTP) insurance does not cover cranes. Instead of a CTP, crane operators typically require specialized insurance coverage that is tailored to the specific risks associated with crane operations. 

Given the unique risks associated with crane operations, insurance policies need to be tailored to the needs of crane operators and companies. These policies can be customized based on factors such as the type of crane, the project scope, and specific operational risks.

While not mandatory, purchasing crane insurance not only demonstrates your businesses’ commitment to safety and responsibility but also shows potential clients that you’re a proactive contractor in managing risks.

  • Gradual equipment deterioration 
  • Willful misconduct 
  • Nuclear hazards 
  • Consequential losses 
  • Unauthorized use 
  • Contractual obligations 
  • Improper maintenance 
  • Unlicensed vehicle

Here, we do it all. From sourcing the perfect policy, negotiating the terms, and securing it, you can rest assured that we’ll stay on top of it. 

  • The perfect policy 

We help you choose the policy best suited to your needs. We will conduct a thorough assessment of your operations and risks to ensure you have comprehensive coverage that addresses potential liabilities and protects your crane operations effectively. 

  • No more wait time 

With our same-day responses, we guarantee quick turnaround times to address your inquiries and provide prompt assistance. 

  • Personalized service at every step 

Throughout the life of your policy, you will have one dedicated point of contact who will guide you through any updates, claim processes, or adjustments needed. 

  • Bang for your buck 

Save money on your premiums by letting us optimize your insurance investment while ensuring you receive coverage tailored to effectively protect your business. 

  • Flexibility in payment 

We offer monthly installment options, allowing you to spread the cost of your premiums over manageable monthly payments. 

Yes, you can insure hired-in cranes under a plant and equipment policy. This type of insurance provides financial protection against the loss or damage of construction equipment that you have temporarily rented.