Public Liability:
Overall the public liability risk for this occupation is high, although the risk at the premises is fairly limited as there would be few visitors. The main risk is associated with work at the construction site including the risks of traffic accidents, unauthorised access, attractive nuisance, use of explosives, demolition work, collapse of structures, liability to sub-contractors, vicarious liability for sub-contractors, damage to customer and other third party property, business interruptions e.g. from interruption of gas or water supply and third party injuries from tools, equipment and materials. Good risk management of on-site risks is essential.
Overall the public liability risk for this occupation is high, although the risk at the premises is fairly limited as there would be few visitors. The main risk is associated with work at the construction site including:
Motor / Plant:
This exposure will be moderate in general, based on the average size of a typical business operation and therefore likely size of the motor fleet. Most operations will own several transport vehicles to pick up and transport materials, plant and equipment and personnel to the job sites. Off-road use of vehicles will increase the exposure. The insured may also own or operate a variety of unregistered machinery (excavators, bulldozers, backhoes and cranes for example). These may be owned or leased. Cover may be requested under the Motor Vehicle policy, although in many cases a mobile machinery cover will be more appropriate.
This exposure will be moderate in general, based on the average size of a typical business operation and therefore likely size of the motor fleet. Most operations will own several transport vehicles to pick up and transport materials, plant and equipment and personnel to the job sites. Off-road use of vehicles will increase the exposure. The insured may also own or operate a variety of unregistered machinery (excavators, bulldozers, backhoes and cranes for example). These may be owned or leased. Cover may be requested under the Motor Vehicle policy, although in many cases a mobile machinery cover or Industrial Special Plant (ISP) policy will be more appropriate for example due to common policy restrictions e.g. for unregistered vehicles/use as a tool of trade. Cover should be reviewed in conjunction with the public liability cover.
Pollution liability/clean-up costs and in some cases cover for dangerous goods (e.g. explosives) will be required.
A serious exposure exists if a vehicle is driven carelessly by an inexperienced operator and the age and experience of all drivers should be understood. Off-road use of vehicles will increase the exposure.
Mobile machinery can include:
The main issue with this category is the variety of types of equipment or machinery. Mechanical or electrical equipment can be confused with mobile plant which has wheels and is either towed or capable of moving under its own power. Mechanical or electrical equipment is generally carried or permanently mounted and has no wheels. These categories may be treated differently by the underwriter depending on policy wording and individual underwriting guidelines and acceptance criteria
The important point with this category is that Motor Fleet policies are designed for registered units. Unregistered vehicles may be subject to policy limitations. A typical Motor Fleet wording will exclude liability caused by, arising out of, or in connection with:
(i) the use of any unregistered or unlicensed Vehicle.
(ii) the use of the Vehicle as a Tool of Trade.
Typically, a tool of trade is defined as any vehicle, plant or equipment that is being used for excavating, digging, grading, drilling, lifting, pumping, vacuuming or other mechanical work, other than for:
1. loading and unloading goods onto or from a vehicle, by use of a crane mounted on that vehicle; or
2. transit to or from or within a work site; or
3. transport or haulage.
It is therefore important to ensure that coverage is provided under the contractor’s plant and machinery/public liability program.
An additional consideration is that these items, being unregistered, are likely to be transported to/from worksites on the back of goods carrying vehicles (flatbed trucks). The policy will often cover vehicles being transported only up to a specified sublimit. Underwriters and advisers will need to confirm that the sublimit is adequate for higher value items, and where necessary, an increased limit may need to be negotiated.
Earthmoving Insurance Broker Brisbane:
Hunter Broking Group can assist with Earthmoving Insurance & Earthmoving Equipment Insurance. Through industry specific insurers, your designated advisor has access to a comprehensive range of insurance products that can be tailored to suit most construction trades and projects. We can assist with insurance for various segments in the earthmoving industry including:
Hunter Broking Group pride themselves on having a local presence with a national strength, our technical product experience allows us to manage and service earthmoving insurance products such as:
Earthmoving equipment is a core focus for our advisors, whether we are looking after small skid steers and bobcats or heavy earthmoving equipment, such as dump trucks or mining excavators, Hunter Broking Group have the experience to provide the appropriate advice for your size and risk exposures.
Our experienced brokers can help you get the most appropriate insurance cover by assessing your specific needs and recommending the best value insurance solution for your business, whilst still maintaining the highest standard of cover.
https://www.lmiriskcoach.com/industries/19667/risk-assessment
https://www.lmiriskcoach.com/industries/19667/hazard-index
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