Hiring cranes and plant is inevitably accompanied by risk and with the cost of a modern mobile crane ranging from £260,000 to in excess of £4 million; the financial consequences for customers in the event of a serious incident are significant.
BS7121 – Safe Use of Cranes – notes the risks and highlights the need to protect against their consequences through comprehensive insurance cover.
BJW Cranes is able to offer a damage waiver on CPA hires which is specifically tailored to the crane hire market at an increased cost. Should the customer require cover for lifted goods, this is available and can be arranged as an extra. Please discuss this with a BJW depot manager or email firstname.lastname@example.org for details.
Insurance for CPA Hires (crane hire only)
BJW Cranes Lifting Damage CPA Subrogation Waiver Scheme
Accidental damage to crane on hire to the full replacement value.
Loss of hire charges as a result of loss or damage to the crane.
Cover in respect of goods being lifted up to a value of £25,000
Bryn Thomas Cranes waives the right of recovery under clause 13 of the CPA Model Terms of Hire “Hirers Responsibility for Loss & Damage”.
Charged at 16% of invoice total.
Insurance for CPA Contract Lifting Services (fully contracted)
Full insurance cover is included with all contract lifts
A maximum liability of £25,000 in respect of the value of goods lifted. (Additional goods lifted cover is available and can be arranged as an extra). Please discuss this with a BJW depot manager or email email@example.com for details.
£5 million public liability
Excesses and exclusions apply on all insurances
NOTE: Under a contract lift, the customer still retains liabilities and should ensure that adequate insurance is in place to cover:
Inadequate or unstable ground.
Inadequate/incorrect information supplied in connection with loads or site.
Cranes are essential for large-scale construction jobs, but hiring and operating them doesn’t come without risk. One wrong move could result in an accident that causes harm to someone on-site or serious damage to the goods or plant equipment.
The possibility of theft and breakages – not to mention the expense involved – is equally as worrying. That’s why you must have the appropriate insurance cover for crane hire to safeguard your business and staff from such problematic incidents.
Whilst Bryn Thomas Cranes will provide full cover for contract lifts, you’ll have to organise your own cover for negligence, inadequate or unstable ground, and incorrect information regarding the load or site conditions.
Much like car or home insurance, the price you’ll pay to insure a crane can vary depending on the specifics of your company and the project at hand.
If claims have been made against your business, this will likely increase the cost of crane hire insurance. And if you need to operate the crane in a potentially hazardous location, this will add to the price too.
With contract lifts, full insurance cover is included in the overall price. However, the waiver for CPA hire is charged at a percentage that will be agreed upon invoice.
For a clear idea of how much crane hire insurance will cost you, get in touch with the team at BJW today. We will happily talk through your project requirements and provide you with a fair price.
The simple answer is yes.
Should your crane be involved in an incident that causes property damage or injury to a member of the public – even if you’re not personally responsible – legal action could still be taken against your business.
Given the potential risks that come with hiring and operating heavy lifting equipment, public liability insurance is extremely important for crane hire. It spares you from the expensive outlay of compensation and other legal fees.
BS 7121 – Safe Use of Cranes – also stipulates the risks associated with crane hire and addresses the need to protect the crane, personnel, goods, and plant through comprehensive cover.