The earthmoving and civil contracting industries are evolving rapidly, and with change comes the need for insurance solutions that keep pace.
With over 35 years of expertise, HMIS has consistently delivered comprehensive and tailored coverage to businesses operating in these sectors.
As we step into 2025, here are the top insurance tips to ensure your business stays protected and prepared for what lies ahead.
- Review Your Policy Regularly
The demands of the earthmoving and civil contracting industries are constantly changing.
From new equipment to shifts in project scope, your insurance policy should evolve alongside your business. Schedule a review of your coverage to ensure it aligns with your current operations and assets. At HMIS, our tailored policies are designed to adapt, providing benefits like automatic additions of up to $500,000 to account for growth.
- Ensure Comprehensive Liability Coverage
Liability risks in earthmoving and civil contracting can be significant. Whether it’s damage to underground services or contractual liability, it’s essential to have robust protection. HMIS offers coverage for damage to underground services up to the full liability limit, as well as contractual liability, ensuring your business is shielded from unexpected claims.
- Evaluate Coverage for Hired Plant and Equipment
Wet and dry hire arrangements are common in the industry, but they come with unique risks. Many policies fall short when it comes to covering hired-in plant or vehicles. HMIS provides comprehensive hired-in plant coverage, ensuring your business is protected, whether equipment is operated by your team or hired out.
- Look Beyond Price
While competitive pricing is important, the cheapest policy isn’t always the best. Ensure your policy provides the breadth of coverage your business needs without unnecessary compromises. HMIS stands out by bundling critical benefits like no radius restrictions, no age or inexperience excesses for operators, and tailored liability solutions to deliver unmatched value.
- Mitigate Risks with Expert Support
Partnering with an insurer who understands your industry is crucial. HMIS has decades of experience working with businesses in civil contracting, heavy haulage, quarry operations, and more. Our collaboration with Australia’s leading underwriters, such as AAI Insurance (Suncorp) and CGU Insurance, ensures we provide solutions backed by trusted expertise.
- Adapt to New Industry Challenges
2025 brings continued focus on infrastructure, sustainability, and compliance. Ensure your policy accounts for emerging risks, such as environmental damage or increased regulation around infrastructure projects. HMIS’s thorough annual review and improvement regime ensures our policies remain ahead of industry changes, so you’re never left unprotected.
- Seek Tailored Solutions
Off-the-shelf policies often require businesses to compromise on coverage. HMIS was developed specifically to address gaps in traditional insurance options. By combining the benefits of multiple offerings into a single, comprehensive solution, we provide coverage that aligns perfectly with the unique exposures of the earthmoving and civil contracting industries.
In a fast-paced and high-risk industry, having the right insurance coverage is not just a necessity but a strategic advantage. By reviewing your policy, prioritising comprehensive liability coverage, and partnering with experts like HMIS, you can ensure your business is prepared for 2025 and beyond.
Contact HMIS today to learn how our innovative solutions can keep your business moving forward, no matter the challenges.