When you’re hiring out expensive plant machinery like diggers, dumpers, and rollers, one concern is never far from your mind: theft. With the average cost of stolen plant machinery running into tens of thousands of pounds, and recovery rates frustratingly low, it’s essential to take every precaution to protect your equipment.
Whether you’re renting a mini digger for a short-term project or managing a fleet of hire machinery, security should be a top priority. Here are our top tips for keeping plant machinery safe from theft, plus why plant insurance is more than just a backup plan.
Plant theft is more common than you might think. According to industry reports, thousands of items of plant machinery and construction equipment are stolen each year in the UK. Mini diggers, trailers, and small tools are especially vulnerable due to their size and high resale value.
If you’re a hire customer wondering how likely it is for a plant machine to be stolen, the short answer is: more likely than you’d hope. Criminals are often organised, using cloned plates and documents to resell stolen plant machinery quickly and under the radar.
One of the most effective deterrents is a GPS tracker, ideally with geofencing capabilities. If a machine moves outside a set area, you’ll receive an instant alert. Immobilisers are another strong layer of protection; especially if you’re dealing with unattended sites overnight.
Fencing, CCTV, motion activated lights, and locked storage areas all help to deter opportunist theives. If hiring out plant machinery, ensure the hirer knows their responsibility for securing the site, and back it up with clear terms in your hire agreement.
This is where contractual liability comes into play. As a plant hire business, clearly outlining who is responsible for the machine(s) while on site helps prevent disputes, and ensures any loss or damage is properly managed.
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Visible identification, such as data tags, etching, and company branding, can deter thieves and assist police in recovery. You can also register machines with services like the Construction Equipment Security and Registration (CESAR) scheme.
Even with the best precautions, theft can still happen. That’s why it’s crucial to have proper cover in place.
Standard commercial insurance may not offer the protection you need when hiring out plant machinery. A tailored policy, like insurance for equipment rental, is designed to cover theft, accidental damage, and even legal costs in some cases!
If you’re a customer hiring machinery, you’ll also want peace of mind. A mini digger insurance policy ensures you’re not left footing the bill if the worst happens.
It’s easy to overlook how quickly plant costs add up. One stolen digger could set you back £10,000 or more – not to mention project delays, reputational damage, and administrative headaches!
The right policy helps keep your business moving. And when comparing cover, it’s worth asking: what would the total plant insurance cost be in the event of theft?
Theft might be a persistent risk, but with the right planning and protection, you can minimise your exposure. Clear hire agreements, good on-site security, and tailored insurance all work together to protect your bottom line.
At Insurance4Plant, we specialise in providing flexible insurance solutions for hire companies and contractors. Whether you need one-off mini digger insurance or comprehensive insurance for equipment rental, we’re here to help.
Protect your plant, protect your profits – get a free quote today.
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