Insurance for generator businesses

Generator businesses can combine product, property, installation and service exposures. We can assist manufacturers, importers, distributors, installers, service contractors and hire businesses involved with diesel, petrol, gas and other standby or mobile power systems.

Products liability and completed work

Insurers may want to understand the size and use of the generators supplied, whether equipment is permanently installed, whether products are used in critical facilities and whether the insured undertakes electrical, fuel-system or commissioning work. Imported equipment, private-label products and overseas manufacturing arrangements should be disclosed.

Installation and service exposures

On-site work can involve electrical connections, fuel systems, lifting, testing, commissioning and work around existing plant. Public liability terms can vary depending on the type of site, subcontracting, heights, hot work and whether installation is performed at industrial, construction or critical-service locations.

Property, stock and transit

Generator businesses may hold high-value stock, spare parts and equipment in transit or at customer sites. Depending on the operation, property, business interruption, machinery, marine transit, plant or equipment and commercial motor insurance may also be relevant.

Information insurers commonly request

Useful information includes annual turnover, activities split between sales, installation, servicing and hire, generator sizes, product brands, countries of manufacture, end-use industries, electrical work, subcontractor use, maximum stock values, transit exposures and claims history.

Policy scope and exclusions to review

Review equipment breakdown, hired plant, theft, transit, fuel-related activities and liability from installation or servicing. Loss of output or contractual penalties are not automatically insured. Any interruption or financial-loss extensions need specific wording review.

Generator manufacturers and suppliers: insurance questions

Does generator hire create different insurance exposures?

Yes. Owned equipment hired to others, equipment in transit, installation, maintenance and products liability may require different sections. The policy should reflect whether your business manufactures, imports, supplies, hires or services generators.

What information helps with a quotation?

Turnover by manufacture, import, supply, hire and servicing; generator uses; maximum unit values; hire fleet; installation and testing activities; fuel handling; overseas sales; and previous equipment or liability losses.

Can Mercantile review cover after a claim or non-renewal?

We can assess the current operations, loss history, reason for non-renewal and available insurance markets. An alternative quotation or equivalent terms cannot be guaranteed. Include the current schedule, endorsements and claims details with your enquiry.

Request an insurance review or read about insurance after claims or non-renewal. Cover depends on insurer acceptance and the policy wording, schedule, endorsements, limits and excesses.

How Mercantile can assist

We present the full business model to suitable insurers, including the distinction between pure supply, installation, service and hire activities. Cover remains subject to insurer appetite and the terms, conditions, exclusions, limits and deductibles offered.

General insurance information only. This page does not provide electrical, engineering, contractual or legal advice.