The policy now covers glass and windscreens as standard with a flat £75 excess. Previously it was only covered if it was damaged as part of a bigger accident and was subject to the main policy excess. “To the best of our knowledge, no one else offers this,” said general manager Michael Gregory. “The cost of the policy has not increased at all as a result of the additions.”
Also new is loss of keys and replacement locks cover. “As the construction equipment industry starts to respond to the theft problem by fitting unique transponder keys and locks and keypads etc., we feel there is now a need to offer this cover in line with the automotive sector as they would be potentially expensive to replace if stolen or damaged,” said Mr Gregory. “Also, the machine would be at risk from theft using the stolen keys at a later date. So, we've added the cover with just a £75 excess, just like a car policy.”
JCB, whose insurance extends to all makes of plant and not just JCB machines, has also built in a number of optional extras including annual statutory inspection of the machine from just £40, loss of use cover giving up to £750 per week to hire in another machine in the event of theft or damage, and third party working risk cover for £120. Also new is the option of cover for motor legal expenses, at a price of £10.