High-Value / Heavy Machinery & Offshore Equipment Insurance

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Insurance for high-value offshore equipment including cranes, dredgers, pile-drivers, subsea rigs, heavy marine plant and specialist machinery.

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We compare quotes from leading marine insurers

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Insurance for High-Value Marine & Offshore Machinery

Marine and offshore operations rely on extremely valuable and mission-critical heavy machinery. These assets face unique risks - from collision and hydraulic failure to structural damage, breakdown, severe weather, lifting operations and subsea deployment hazards. Insure24 provides tailored protection for operators using cranes, dredgers, pile-drivers, subsea rigs and other specialist marine equipment.

What Heavy Equipment Insurance Covers

Comprehensive protection for high-value marine and offshore machinery.

  • Damage to cranes, dredgers & heavy offshore machinery
  • Structural failure or collapse
  • Hydraulic, mechanical & electrical damage
  • Damage during lifting or load operations
  • Weather, wave impact & storm conditions
  • Fire, explosion & electrical defects
  • Accidental damage during towing or transport
  • Theft of machinery or onboard equipment
  • Operational liability for offshore work
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Heavy & Specialist Equipment We Can Insure

Designed for marine contractors, ports, offshore operators and engineering firms.

  • Floating cranes (sheerlegs, pedestal cranes)
  • Pile-drivers & piling barges
  • Dredgers (cutter, suction, grab dredgers)
  • Subsea rigs & engineering platforms
  • Heavy-lift equipment & winch systems
  • Offshore lifting, handling & hoisting systems
  • Excavators & marine construction machines
  • Custom-built offshore equipment
  • Deck machinery & hydraulic systems
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Why Heavy-Equipment Operators Choose Insure24

  • Specialist brokers for marine & offshore machinery
  • High underwriting limits for expensive equipment
  • Cover available for dynamic offshore operations
  • Custom packages for complex engineering work
  • A-rated insurers with global offshore capabilities
  • Fast documentation & claims support
  • Transit, storage & deployment cover available
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FREQUENTLY ASKED QUESTIONS

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Is offshore lifting and rig work covered?

Yes - specialist offshore lifting, rigging and heavy-lift operations can be included depending on insurer terms.

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Does the policy cover custom-built or modified machinery?

Yes - bespoke or heavily modified offshore equipment can be insured subject to valuation and technical specification.

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Can equipment be insured while in transit or storage?

Yes - cover can extend to land/sea transit, temporary storage and mobilisation/demobilisation phases.

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Can multiple pieces of machinery be included under one policy?

Yes - fleet or multi-asset policies are available for operators with several machines or offshore units.

Related Covers

Continue with related marine-equipment pages on heavy plant, marine construction risk, subsea operations, transit and breakdown protection.

Heavy Plant & Operations

Damage & Logistics

Policy Planning