Forklift Insurance
Competitive Forklift Truck Insurance Backed By 'Exceptional' Service
Want to save money on your froklift truck nsurance? Let the insurance specialists at Coversure Hull compare our markets to find you the forklift hire insurance that’s right for you. We understand the needs of businesses who own or hire-in forklift trucks, Moffetts, or truck-mounted forklifts. To get your forklift insurance quote, call us on 0800 977 6037 or start your forklift insurance quote here.
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Forklift insurance backed by ‘Exceptional’ service
Our award-winning team is rated as ‘Exceptional’ by feefo and with over 50 years of forklift truck insurance experience, you can rest assured you’re in safe hands. Being independent we can put your needs first, and we’ll compare the market to find you great cover for a great value premium. To find out more, call us free on 0800 977 6037 or start your forklift insurance quote today.
What is forklift insurance?
Forklift truck insurance meets the needs of businesses that hire, lease, or own forklift trucks, Moffetts, and other types of vehicle-mounted forklift trucks. This flexible cover can offer you third-party or comprehensive protection and insure you against theft, loss, damage, and liability issues on a single policy.
What can forklift insurance cover?
Forklift truck insurance can offer a range of specialist protections. While we’ll build a policy around your needs and risks, common policy elements include:
- All-risks cover – which insures forklift trucks against fire, theft, malicious damage, and while being transported between jobs
- Comprehensive –covers damage to your forklift or someone else's vehicle regardless of who is at fault
- General liability – protects you against damage to property or injury claims made by a third party
- Equipment rental – should your forklift breakdown and you need to rent one, this will cover rental costs
- Auto liability – covers forklifts while they are driven on public roads
- Hired-in equipment – if you rent or lease your trucks, then this will give you the protection you need. It can also cover hire charges if the truck is lost or stolen
- Various types of lifting equipment – including Moffetts, hi-loaders, forklift trucks, high lifters
Why do you need forklift truck insurance?
It’s a common misconception that business insurance covers all the risks associated with forklift trucks. It doesn’t, and specialist protection is required. Construction firms, manufacturers, factories, logistics companies, and other companies with a range of plant equipment will often take out plant insurance. If you only have a forklift truck, however, then forklift insurance might be a better option for you as it can protect you from the following:
- Damage to property caused by a forklift
- Theft while it's out in the open
- Theft during the night
- Ongoing hire charges if it’s lost or stolen
- Accidental damage
- Malicious damage
- Road risks
How much does forklift insurance cost?
At Coversure Hull we build our cover around the needs of our clients, so it’s not easy to say how much a forklift truck insurance quote will be. The cost of your forklift insurance will depend on factors such as:
- The number of forklifts you have – if you have two or more, you may want to consider a special types fleet insurance policy
- The value of your trucks – forklifts can cost up to £30,000 each, and the total value of your fleet will help determine the cost of cover
- The nature of your business and the work you do – depending on whether you're operating in confined spaces such as a factory with lots of people and equipment around you, in a logistics hub at night, or on a construction site will have a bearing on your premium
- If your trucks at stored securely at night
- Where your business is located
- The turnover of your business
- Your claims history
Forklift truck insurance FAQ
Forklift and Moffett insurance can be a complicated cover area of cover. To help you get the protection you need, here is our forklift truck insurance frequently asked questions. If you'd like some personalised, independent help, please get in touch with us on 0800 977 6037 or email us here. You can find more about forklift insurance by reading our plant insurance guide.
Q. Why do I need forklift truck Insurance?
A. Forklift insurance offers a wide range of covers designed to protect businesses using this specialist equipment. Given the cost of forklifts and other mobile lifting equipment, that many are hired-in, that they often need road risk cover, and the employers' liability and public liability insurance risks associated with them, having a forklift insurance policy makes sense
Q. Is forklift insurance a legal requirement?
A. No, but if you are driving them on public roads, you will need a road risk element to your policy
Q. Can forklift trucks be insured while being moved to and from sites?
A. Yes, an auto liability or road risks element to your policy will cover them while driven on public roads
Q. Does forklift truck insurance cover the hire charges?
A. If a hired-in forklift is damaged or stolen, you'll usually be liable to continue paying the hire charges, even if it is no longer used by you. Charges are typically covered for 90 days, but it's always worth checking with your broker
Q. If a hired-in forklift is damaged, am I liable?
A. Yes. When you hire a forklift, it means that you are responsible for that item, and you need to make sure you send it back in the condition you hired it. If a forklift you have hired was to break or be damaged and you didn't have hired-in insurance, you would have to pay for any repairs
Get a forklift truck insurance quote today
If you'd like some forklift truck insurance help or a forklift insurance quote, call us on 0800 977 6037. We can give you all the advice you need and can compare our markets to find you the cover you require.
