Contract Lifting Insurance
Get Personalised Contract Lifting Insurance First Time Round
Managing lifting operations involves significant risks, from crane accidents and equipment failure to third-party property damage and personal injury. Whether you’re working on construction sites, industrial projects, or large-scale infrastructure developments, Contract Lifting Insurance is essential to ensure that your business is fully protected. At ABA Insurance, we provide bespoke insurance solutions tailored to the unique challenges of contract lifting, ensuring your lifting operations are covered against every eventuality.
What You Get
Liability
Fleet
Plant
Professional Indemnity
Legal
And more…
What Is Contract Lifting Insurance?
Contract Lifting Insurance is a specialised insurance solution designed to cover businesses involved in contract lifting operations. Unlike standard crane hire, where the client assumes responsibility for the lift, contract lifting services involve the lifting company taking on full responsibility for planning, managing, and executing the lift. This means that the lifting contractor is liable for any accidents, damage, or injuries that occur during the operation. ABA Insurance offers comprehensive Contract Lifting Insurance that covers all aspects of the lift, from damage to equipment and machinery to liability claims and worker injuries, ensuring that your business is fully protected.
Why Contract Lifting Requires Specialised Insurance
Lifting operations are inherently risky, with the potential for equipment malfunctions, accidents, and damage to surrounding property or people. If you’re providing contract lifting services, the responsibility for the entire lift lies with you, which increases your liability. A standard crane hire insurance policy won’t provide the level of coverage needed to protect your business from the unique risks associated with contract lifting. Here’s why Contract Lifting Insurance is crucial for your business:
1. Crane and Equipment Protection
Cranes and other lifting equipment represent a significant investment for your business. Any damage to these assets during a lift can result in costly repairs or replacements, and may even bring your operations to a halt. Contract Lifting Insurance includes machinery and equipment coverage, ensuring that your cranes, lifting gear, and other essential equipment are protected against damage, breakdown, or theft.
2. Public Liability Insurance
During contract lifting operations, there’s always a risk of accidents causing injury or property damage to third parties. Whether it’s a crane colliding with a building or equipment falling from a height, these incidents can result in significant legal claims. Public liability insurance covers your business in the event of third-party injury or property damage caused by your lifting operations, covering legal fees and compensation payouts.
3. Employer’s Liability Insurance
If you employ riggers, crane operators, or other staff involved in contract lifting, employer’s liability insurance is a legal requirement. This insurance protects your business from claims made by employees who may be injured or become ill as a result of their work. Given the high-risk nature of contract lifting, where employees work with heavy machinery and hazardous materials, this coverage is essential for protecting your business from employee-related claims.
4. Loss or Damage to Lifted Goods
One of the main concerns during a contract lift is the safety of the goods being lifted. Whether it’s heavy machinery, construction materials, or fragile equipment, any damage to the items being lifted can result in costly claims. Contract Lifting Insurance includes coverage for goods in transit and goods being lifted, ensuring that if any items are damaged or lost during the lift, your business won’t face financial loss.
5. Business Interruption Insurance
In the event of a major accident or equipment failure, your contract lifting operations may be forced to halt temporarily, leading to a loss of income. Business interruption insurance covers the loss of income during downtime, helping your business stay afloat while repairs or recovery efforts are underway.
What Makes Us Different
We are specialists in the Construction Industry. We have the expertise and knowledge to get your business the most comprehensive and competitive insurance solution. We add value to your business by working closely with you, helping protect your business from financial loss, all while delivering a seamless easy experience.
Common Challenges Lifting Contractors Face When Securing Insurance
Contract lifting contractors face a variety of challenges when it comes to securing the right insurance coverage. These challenges include:
1. High Risk of Equipment Damage
Cranes and lifting equipment are exposed to significant risks during every operation. Without adequate machinery insurance, any damage to your cranes or equipment can result in costly repairs and operational delays.
2. Complex Liability in Lifting Operations
In contract lifting, the contractor is responsible for the entire lifting process, from planning to execution. This means you’re liable for any accidents, injuries, or damage that occurs during the lift.
3. Managing Multiple Policies
Lifting contractors need comprehensive insurance that covers everything from cranes and equipment to liability and employee protection. Managing multiple policies from different providers can be time-consuming and may leave gaps in coverage.
How ABA Insurance Solves These Problems
At ABA Insurance, we understand the complexities of contract lifting and the specific risks faced by lifting contractors. Our bespoke Contract Lifting Insurance packages are designed to provide complete coverage for your business, ensuring that every aspect of your lifting operations is protected. Here’s how we address the common challenges lifting contractors face:
1. Comprehensive Machinery and Equipment Cover
Our machinery and equipment insurance ensures that your cranes, lifting gear, and other essential equipment are fully protected from damage, breakdown, and theft. Whether you’re operating on-site or transporting equipment to the job, this coverage ensures you can continue working without costly disruptions.
2. Public and Employer’s Liability Insurance
We provide full public liability insurance to protect your business from claims made by third parties who may suffer injury or property damage as a result of your contract lifting operations. Additionally, our employer’s liability insurance ensures that your business is compliant with legal requirements and protected from employee-related claims.
3. All-in-One Insurance Solutions
Instead of managing multiple policies from different providers, we offer a single, comprehensive Contract Lifting Insurance package that covers all aspects of your business. This simplifies the insurance management process and ensures you’re fully covered across the board.
Key Components of Contract Lifting Insurance
1. Crane and Equipment Insurance: Protecting Your Essential Tools
Cranes and lifting equipment are vital to your operations. Machinery and equipment insurance covers the cost of repairing or replacing your essential tools, ensuring that any damage, breakdown, or theft won’t lead to significant downtime.
2. Public Liability Insurance: Protecting Against Third-Party Claims
Accidents involving heavy machinery and lifting operations can result in property damage or injury to third parties. Public liability insurance protects your business from legal claims and compensation costs, covering you in the event of a claim related to your lifting operations.
3. Employer’s Liability Insurance: Protecting Your Employees
If you employ crane operators, riggers, or other staff, employer’s liability insurance is legally required and protects your business from claims made by employees who are injured or become ill due to their work. This insurance ensures compliance with health and safety regulations while providing financial protection against employee claims.
4. Goods in Transit and Goods Being Lifted Insurance: Safeguarding Valuable Cargo
During a lift, the goods being moved are often valuable and fragile. Goods in transit insurance and goods being lifted insurance ensure that any damage or loss to the items being lifted is covered, protecting your business from costly claims and compensation payments.
5. Business Interruption Insurance: Minimising Downtime Losses
If your contract lifting operations are disrupted due to an accident, equipment failure, or other major incident, business interruption insurance covers the loss of income during the downtime. This insurance helps you continue paying fixed costs such as wages and rent while your business recovers.
Why ABA Insurance Is the Right Choice for Contract Lifting Contractors
At ABA Insurance, we understand that contract lifting contractors need specialised coverage to address the unique risks of their industry. Our tailored Contract Lifting Insurance packages provide complete protection for your cranes, employees, operations, and liability, allowing you to focus on delivering safe and efficient lifting services.
Why Choose ABA Insurance?
Tailored Coverage
We design bespoke Contract Lifting Insurance policies that cover the specific needs of your business, ensuring comprehensive protection for your cranes, equipment, employees, and liability.
Expert Advice
Our team of experienced insurance specialists provides professional advice and support, helping you navigate the complexities of contract lifting insurance.
Easy Claims Process
In the event of a claim, we handle the process quickly and efficiently, ensuring minimal disruption to your operations.
Cost-Effective Solutions
We work with leading insurers to offer competitive premiums, ensuring you get the best value for comprehensive coverage.
Client Testimonials
I cannot recommend this company highly enough. I have been a customer since April 2018 and the service I have received is outstanding. The staff are friendly and extremely helpful. Nothing is too much trouble. I would just like to say an extra thank you to Isabella for her customer service and commitment
Chris Baker
CEO/ Founder
Your Questions Answered
How do I know what level of cover I require?
Speak to one of our expects today who can guide you through understanding the levels of cover limits you may require. Call 01474 833 322.
What does Public Liability actually cover?
In short, this covers any damage you cause to any Third Party Property &/or Persons.
What does Professional Indemnity actually cover?
In short, this covers any claim that can come from any losses you may have caused your client or third party caused by the negligence of your professional services & advice you offer.
What is the difference between (BFSC) and (LOSC)?
A Bonafide Subcontractors is a supply and fit contractor that provides their own tools and materials. A Labour Only Subcontractor is pretty much an employee who you pay on a day rate and is under your supervision, direction & control.
What does Contractors All Risk actually cover?
Also referred to as Contract Works, this covers any damage/losses to your works in progress (on going works).
How can I get a quote from you?
Simple call us on 01474 833 322 and one of the team will assist you through a quick and easy experience.
Who do I contact if I have questions?
If you already have a policy with us, you can contact your account manager or alternatively call us on 01474 833 322 and a member of the team will be happy to help.
Why should I choose ABA Insurance?
We are a specialist brokerage within the Construction and engineering industry which means you only deal with a broker that understands your business. We advise on the best insurance solutions to help you in every way possible from advice, claims handling to any questions throughout your policy.
Who will deal with me at renewal?
The same person you delt with at the start. Our team want to make sure they know you and your business inside out. They are dedicated to you from new business all the way through to your renewal.
One Point Of Contact, Countless Ways To Help.
Get Your Personalised Contract Lifting Insurance Quote Today
Don’t leave your contract lifting business vulnerable to risks such as equipment damage, liability claims, or employee injuries. Contact ABA Insurance today for a personalised Contract Lifting Insurance quote, and let us help you protect your business with comprehensive, cost-effective coverage.
