Commercial Vehicles | Master Builders Insurance Brokers

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Commercial Vehicles

Keeping your business moving.

Cover for

Property loss and/or damage
Hire costs
Towing and storage
Third-party liability


Cover types

Third-party Fire and Theft
Third-party Only


Covered vehicles

Light and heavy rigid movers
Prime movers
Articulated trailers
Vans and utes
Excavators and bobcats
Front end loaders

What is Commercial Vehicle Insurance?

If you rely on transport or particular machinery to do business, then theft or damage to your commercial vehicles could grind your business to a halt.

Commercial Vehicle Insurance provides cover for material damage to the vehicles insured as well as third-party property damage generally up to limited liability of $30 million.

These policies can be structured to include additional benefits which may include:

  • Hire car costs
  • Finance gap payout
  • Downtime coverage
  • 2 or 3 years new for old replacement after a loss
  • Young and inexperienced drivers
  • Dry hire of vehicles
  • Personal effects cover
  • Emergency repairs including travel and accommodation costs,
  • Towing and storage costs
  • Choice of repairer


Key benefits
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Cover vehicles individually or as a fleet
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Coverage for agreed or market value
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Cover for vehicle theft, loss or damage
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Third-party property damage up to $30M

Why do you need this policy?

Here's an example:


On the way home from site one afternoon, Michael was driving the company truck loaded up with an excavator.

As he took a sharp corner, he lost control around the bend, and the truck rolled damaging the excavator. Michael was ok; however, both the truck and the excavator sustained damage beyond repair.

Michael was able to claim for both vehicles under his commercial motor policy.

Advice from our experts:

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If you have any accessories or modified your commercial vehicles, make sure you include these in your policy. Many insurance policies will only cover the standard vehicle and require you to add accessories and modifications separately.

Joe Keiper Southern Region Manager

Why choose Master Builders Insurance Brokers?

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Talk to your local specialist:


Brent  Cooper
Brent Cooper
Business Development Team Leader

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