Engineering
Inspection
Insurance

Making sure the cogs can keep moving

Helping you ensure that your plant, machinery and equipment complies with all legal requirements and protects your profits in the event of a breakdown.

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What is Engineering Inspection?

Engineering Inspection is a generic name for a service provided by insurance companies and specialist independent bodies to inspect items such as pressure vessels and lifting equipment, for example, to ensure they are safe to use.

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Ask a Question What is Engineering Insurance?

Engineering Insurance is a generic term for types of insurance policy that can cover the costs of plant and machinery breakdowns, accidental damage and lost profits arising from such events.

Ask a Question How do I know what needs inspecting?

You could do some research, ask the Health & Safety Executive (HSE) or we can help and advise you. The applicable laws include:

PUWER – Provision and Use of Work Equipment Regulations 1998

LOLER – Lifting Operations and Lifting Equipment Regulations 1998

EAWR – Electricity at Work Regulations 1989

COSHH – Control of Substances Hazardous to Health

PSSR – Pressure Systems Safety Regulations 2000

And these specify what needs inspecting and how frequently, examples include:

  • Escalators – not less than every 6 months, as per Workplace (Health, Safety and Welfare) Regulations 1992
  • Cranes – not less than every 12 months, as per PUWER and LOLER
  • Fork Lift Trucks – not less than every 6 or 12 months, as per PUWER and LOLER
  • Fixed Wiring – not less than every 3 or 5 years, as per EAWR
  • Pallet Trucks – not less than every 12 months, as per PUWER
  • Fume Cabinets – not less than every 14 months, as per COSHH
  • Air Receivers – not less than every 26 months, as per PUWER and PSSR
  • Autoclaves – not less than every 14 months, as per PSSR
  • Control Panels – not less than every 24 months, as per PUWER and EAWR
  • Generators – not less than every 12 months, as per PUWER
  • Lorry Mounted Cranes – not less than every 12 months, as per PUWER and LOLER
  • Motor Vehicle Lifting Tables – not less than every 6 months, as per PUWER and LOLER
  • Spray Booths – not less than every 14 months, as per COSHH
  • Injection Moulding Machines – not less than every 12 months, as per PUWER
  • Wood Working Machines – not less than every 12 months, as per PUWER

Have a question?
Our team is
here to help!

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One of our team will talk to you about your current circumstances in order to advise the best way forward. If you’d prefer to visit us at our offices in Tamworth, feel free to pop in! Just check our office hours on Google to make sure we’re open.

Questions we frequently get asked about Engineering Inspection and Insurance

What happens if I don’t get my equipment inspected?

If you don’t get your equipment inspected, it could invalidate your Liability insurance because it is a condition of all insurance policies that you comply with all applicable legislation.

How much does an Engineering inspection cost?

It depends on what needs inspecting, but costs start at £150 per annum + VAT.

I get my equipment serviced, isn’t that enough?

The law actually says your equipment needs independently testing and inspecting. As a result, having the company who services your equipment also inspect your equipment is perhaps not the wisest solution.

How much does Engineering insurance cost?

The cost of engineering insurance depends on what you items you want to insure and against what perils. We have policies which cost clients anything from £250 to £50,000 per annum.

Can you give me an example of an Engineering Insurance type of policy. Is it just for engineering businesses?

All types of businesses can buy engineering insurance. Here are some examples;

A food wholesaler buying a Deterioration of Stock (Frozen Food) insurance policy in case their freezers fail and the food is ruined.

A pallet supplier buying a Machinery Breakdown and Loss Of Profits policy in case the specialist item of machinery they use to break apart and remake pallets breaks down and they can’t trade.

An exhibition contractor hires in a generator, but the contract conditions make them fully liable for lost hire income if the generator is damaged or stolen. This can be covered under a Hired-In Plant Engineering Insurance.

What happens if I need to make a claim on my insurance policy?

Should you need to make a claim, make Prizm Solutions your first port of call. As your broker, we are here to help. If your call is out of hours, all insurers operate 24/7 claims lines, and we’ll inform you of these when you take out the policy.

Which insurance companies offer Engineering inspection/insurance?

At Prizm, we primarily deal with Aviva, ISI, Inspection Network, Zurich, RSA, Fiducia and Lloyds underwriters although the companies offering this insurance may change as the market changes.

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What happens if we need to make a claim?

If you need to make a claim on your insurance, you need to call your insurance broker or insurance company straight away.

If you have a policy with Prizm Solutions, then you simply call us.

As your broker, we are here to help – and we will provide you with all the contact numbers you need to deal with a claim when you take out the policy.

Why choose Prizm?

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