A mine without its machinery isn't a mine. Excavators, haul trucks, drill rigs, dozers and mobile plant represent some of the largest capital exposure on any site — and the equipment most exposed to breakdown, collision and operational damage. We structure cover around the equipment list, not a generic plant schedule.
Every machine on site carries a different risk profile depending on how it's used, where it operates, and how it's owned. Cover is structured item-by-item, not as a blanket average.
Excavators, haul trucks, dozers, loaders, drill rigs and graders — insured for accidental damage, overturning, fire and theft.
Mechanical or electrical breakdown of fixed and mobile plant — the exposure standard asset policies typically exclude.
Cover extended to equipment brought on site by contractors, or hired in to supplement the owned fleet.
Damage caused by, or to, mobile equipment during operation — on-site and, where relevant, on public roads.
Where a critical machine is down for repair, cover for the resulting operational impact can be structured alongside the asset.
Sums insured set to reflect your required replacement cost of specialised mining equipment — not depreciated book value, i.e. Agreed Value, New Replacement or Market Value.
Mobile equipment operates across pits, haul roads and sometimes multiple sites — a different risk pattern to fixed site assets. Reviewing the fleet as its own category means valuations stay current as equipment is added, sold, or moved between sites, and claims aren't delayed by disputes over which policy responds.
