Contractor plant machinery insurance for business
For activities like agriculture, construction, forestry, or cargo handling, it’s crucial to protect your mobile machinery against many risks. This insurance covers special-purpose machines not covered by standard property or vehicle insurance.
Agricultural and other mobile machinery insurance
In case of facing challenges as a result of using your equipment, as well as just leaving it outside, agricultural vehicle, machinery and other equipment insurance protects the most important machinery belonging to you so you can keep working as planned.
Why to choose ERGO insurance?
We will compensate losses in case of loss of mobile equipment
We will cover damages incurred as a result of loss of or damage to insured equipment
We will protect your property 24/7
We will provide coverage for mobile equipment when the equipment is not in operation
We will adapt to your needs
Choose the insurance option that suits you: minimum, standard or maximum
What is covered by CPM insurance?
All insured events
In case of occurrence of an unforeseen event, mobile equipment insurance covers you against the following risks:
- traffic accident;
- theft;
- vandalism;
- forces of nature;
- fire;
- other risks.
Traffic accident
In case of a traffic accident, coverage is valid against:
- damage to, destruction or loss of the insured property on the road;
- collision with another self-propelled or stationary object or overturning.
Theft
In case of a theft, coverage is valid against unlawful theft of the insured property or its parts by breaking into locked premises of a protected building or a fully fenced and protected area where the insured property is kept. Burglary is defined as the physical breaking of the barriers (e.g. doors, windows, walls, roofs, fences, gates, etc.) which restrict access to the place where the insured property is stored.
Vandalism
In case of vandalism, coverage is valid against intentional damage to, loss, or destruction of insured property by third parties.
Forces of nature
In case of forces of nature, coverage is valid against:
- storm;
- hail;
- sudden and unforeseen flooding and shower;
- snow pressure;
- subsidence;
- landslides.
Fire
In case of a fire risk, coverage is valid against:
- fire;
- explosion;
- lightning strike;
- falling or striking of an operated aircraft, parts of the aircraft or cargo carried by the aircraft.
Other risks
In case of other risks, coverage is valid against other incidents where the mobile equipment is damaged, destroyed or stolen due to external forces. Not valid for the non-insured events referred to in these terms and conditions.
What is covered by CPM insurance?
In case of occurrence of an unforeseen event, mobile equipment insurance covers you against the following risks:
- traffic accident;
- theft;
- vandalism;
- forces of nature;
- fire;
- other risks.
In case of a traffic accident, coverage is valid against:
- damage to, destruction or loss of the insured property on the road;
- collision with another self-propelled or stationary object or overturning.
In case of a theft, coverage is valid against unlawful theft of the insured property or its parts by breaking into locked premises of a protected building or a fully fenced and protected area where the insured property is kept. Burglary is defined as the physical breaking of the barriers (e.g. doors, windows, walls, roofs, fences, gates, etc.) which restrict access to the place where the insured property is stored.
In case of vandalism, coverage is valid against intentional damage to, loss, or destruction of insured property by third parties.
In case of forces of nature, coverage is valid against:
- storm;
- hail;
- sudden and unforeseen flooding and shower;
- snow pressure;
- subsidence;
- landslides.
In case of a fire risk, coverage is valid against:
- fire;
- explosion;
- lightning strike;
- falling or striking of an operated aircraft, parts of the aircraft or cargo carried by the aircraft.
In case of other risks, coverage is valid against other incidents where the mobile equipment is damaged, destroyed or stolen due to external forces. Not valid for the non-insured events referred to in these terms and conditions.
What is covered by CPM insurance?
Windscreen insurance
Once during the term of the insurance contract, windscreen breakage losses are covered without applying a deductible.
Tyre insurance
Once during the term of the insurance contract, tyre damage is covered provided that no other insured parts are damaged.
Rescue insurance
If an insured event occurs, the costs for rescue and transportation of the insured property are covered up to the limit specified in the insurance contract.
Theft from unfenced and unguarded territory insurance
The insured event is the loss of the insured property or its parts as a result of a theft from an unfenced and unguarded area (within 150 metres from the residential house).
What is covered by CPM insurance?
Once during the term of the insurance contract, windscreen breakage losses are covered without applying a deductible.
Once during the term of the insurance contract, tyre damage is covered provided that no other insured parts are damaged.
If an insured event occurs, the costs for rescue and transportation of the insured property are covered up to the limit specified in the insurance contract.
The insured event is the loss of the insured property or its parts as a result of a theft from an unfenced and unguarded area (within 150 metres from the residential house).
Mobile equipment insurance options
Option MINIMUM
Valid in case of a fire, explosion, storm, hail, burglary.
Option STANDARD
Valid in case of a fire, explosion, storm, hail, burglary. Valid in case of an emergency and vandalism.
Option MAXIMUM
Valid in case of a fire, explosion, storm, hail, burglary. Valid in case of an emergency and vandalism. Valid in the event of a tree falling over, glass breakage or any external impact.
Terms and Conditions of CPM Insurance for business
Archive
Mobilios technikos draudimo taisyklės.pdf
Valid for contracts issued until 2022-07-14
Mobilios technikos draudimo taisyklės.pdf
Valid for contracts issued until 2020-01-10
Mobilios technikos draudimo taisyklės.pdf
Valid for contracts issued until 2014-11-01
Mobilios technikos draudimo taisyklės.pdf
Valid for contracts issued until 2014-07-14