When disaster strikes, insurance works!
Seib Insurance offers a wide range of engineering insurance policies to protect construction projects, plant, machinery, and equipment.
Contractor's All Risks
Erection All Risks
Contractor’s Plant & Machinery
Machinery Break Down
Our Contractor’s All Risks (CAR) Insurance offers comprehensive coverage for all types of civil construction risks. Imagine the project you are working on suffers severe damage just before completion. Without CAR insurance, the cost to re-start would be enormous.
‘All Risks’ coverage for loss or damage to property means the policy pays the cost of repair or completely redoing the work if it is damaged or destroyed by any sudden, accidental, and unforeseen causes.
Our Erection All Risks (EAR) insurance includes the erection and installation of electrical or mechanical plant and machinery. It’s ideal for mechanical and electrical contractors or developers, manufacturers, power, and energy companies involved in large and complex installations.
For contracting companies, equipment and machinery are crucial for completing projects on time and within budget. If this machinery breaks or is stolen, your work can grind to a halt and cost you a fortune in repairs and/or lost working time.
Specially designed to protect the interest of civil contractors, Seib Insurance Contractor’s Plant & Machinery Policy covers your construction site equipment and machinery to reduce your risk of disruption, delays and extra costs.
If your machinery breaks down due to electrical or mechanical problems, then our Machinery Breakdown Policy will pay for the repairs or replacement of your machine. Making sure your machinery is adequately covered is vital for your business, this will protect you from any risks of breakdown.
The policy covers unforeseen and sudden physical damage to any mechanical and electrical machinery and/or equipment by any cause necessitating repairs and/or replacement which is not otherwise expressly excluded under the Policy.