Forklift Insurance

Operating a forklift comes with a unique set of risks – from workplace collisions and loading accidents, to damage caused during lifting or moving goods. Whether used in warehouses, on construction sites or in logistics yards, having appropriate forklift insurance in place may help reduce your business liability and equipment-related financial risk.

What is Forklift Insurance?

Forklift insurance is a form of commercial equipment insurance designed to provide cover for forklifts used in business activities. It can include cover for the machine itself, third-party property damage, public liability, and accidental damage that occurs during operation.

Whether you use forklifts in a warehouse, on a construction site or in a logistics setting, at Insuregroup, we can help you to explore forklift insurance options suited to your usage and environment. We assist with cover across a wide range of industries and can support both owner-operators and larger businesses.

Do you need Forklift Insurance?

You may need forklift insurance in Australia if your business relies on forklifts for daily operations, particularly in settings where damage to property, stock, or equipment is possible. Many worksites also require evidence of public liability and machinery insurance before allowing forklifts on-site.

Standard vehicle or property policies usually don’t cover forklifts due to their industrial use. If your forklift is damaged, causes injury, or results in third-party loss, having forklift insurance in place may help manage the financial impact and maintain business continuity.

Why Insuregroup?

MONTHLY INSTALMENTS

Flexible monthly installments may be available on forklift insurance to help you manage ongoing business expenses more effectively.

EXPERT ADVICE

With over 10 years of experience in commercial machinery and plant insurance, our team can assist you in understanding the risks and cover requirements for forklifts.

QUICK QUOTES

Need forklift insurance quickly? We assist with fast quotes so you can help minimise delays and explore suitable cover options.

RANGE OF OPTIONS

We work with a wide network of insurers to help you compare forklift insurance options suitable for your industry, machine type and risk profile.

Types of Forklifts that can be insured

At Insuregroup, we help businesses of all sizes explore forklift insurance options for a wide range of machinery, including:

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Counterbalance forklifts

Used in warehouses and loading docks.

Reach forklifts

For narrow aisle operations.

Rough terrain forklifts

Used in outdoor and construction environments.

Walkie stackers and pallet jacks

Used in retail or small storage spaces.

Container forklifts and heavy-duty units

Used in logistics and ports.

Whether you own a single machine or manage a full fleet, we can assist with comparing forklift insurance Australia-wide. We work with a broad panel of insurers and have access to member products and rates available through the Steadfast Insurance Group and other insurance specialists.

What does Forklift Insurance cover?

Insurance for forklifts can vary depending on the policy and provider, but common inclusions may protect against the most frequent operational risks.

Standard forklift insurance policies may include:

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Accidental damage to the forklift

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Theft or vandalism

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Fire or malicious damage

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Public liability for injury or property damage caused during operation

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Transit cover if the forklift is being moved between locations

Optional features may include windscreen and glass repair, breakdown recovery, business interruption cover and protection for forklift attachments or custom modifications.

At Insuregroup, we help you review available options and understand which policy features are appropriate based on how, where and by whom your forklift is used.

What does Forklift Insurance not cover?

Forklift insurance provides important business protection, but all policies contain exclusions that must be reviewed carefully. Each insurer will have specific terms, so reviewing the Product Disclosure Statement (PDS) is essential before taking out a policy.

Common exclusions can include:

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General wear and tear or depreciation

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Mechanical breakdown not caused by an insured event

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Use outside of agreed business activities or unauthorised locations

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Operation by unlicensed, untrained or unauthorised users

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Losses arising from unlawful activity, gross negligence or failure to disclose material facts

At Insuregroup, we have extensive experience in supporting Australian businesses with forklift insurance. We help you navigate exclusions and policy details to ensure the cover you select is appropriate for your usage and workplace compliance requirements.

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Please select from the options as required. You can select one or more options.
Complete the form below to receive a quote.
Completing the form usually takes 5 minutes.
Having trouble with the form? Contact Insuregroup click here

Step 1 of 2

Name(Required)

First Last

Phone(Required)

Email(Required)

Do you have an active ABN?(Required)

Please advise your ABN(Required)

Please select your occupation(Required)

What do you transport?(Required)

What do you construct?(Required)

Do you transport dangerous goods?(Required)

Do you transport refrigerated?(Required)

What sort of tradesman are you?(Required)

What do you manufacture?(Required)

What sort of drilling do you do?(Required)

Please describe your occupation(Required)

How many employees in your business? (Including working directors/owners)(Required)

How many items are you looking to insure?(Required)

Please describe the TRUCKS / TRAILERS / MACHINERY / VEHICLES you are looking to get insured. Please include as much detail as possible including YEAR MAKE MODEL REGO (if available) AND VALUE EXCLUDING GST. Please also include the item TYPE such as prime mover, crane, excavator, tipper truck, skip truck. Thankyou.(Required)

Did you include the ex gst value of the items in the description above?(Required)

Where are these items mostly garaged/stored?(Required)

Street Address Suburb Postcode

Are you currently insured for any of the above items?(Required)

Are you with an insurer directly or with an insurance broker?(Required)

Do you know who your insurer is?(Required)

Do you know who your insurer is? (not the broker)(Required)

Please advise who your insurer is(Required)

Please advise the insurance status of the above items(Required)

Do you have insurance on any other similar items currently?(Required)

Have you held insurance on any other similar items in the last 3 months?(Required)

Do you intend to dry hire (without operator) any of these items in the next 12 months?(Required)

Will you ensure to have a hire rental agreement / formal terms and conditions for the dry hire?(Required)

Do you need a quote for public liability insurance?(Required)

Do you need a quote for carriers / load insurance?(Required)

Have you or any of your operators/drivers or subcontractors had any criminal convictions which are less than 10 years old(adult), 5 years old (juvenile) or if outside of these years any convictions that have had a prison sentence greater than 30 months?(Required)

Have you or any partners or directors ever been declared bankrupt in the last 10 years?(Required)

Have you or any partners/directors had any policies cancelled/declined or special terms imposed?(Required)

Have you (company and/or director), or any person who will drive any of your vehicles / plant had any motor claims or accidents in the last 5 years?(Required)

In the past 5 years have you or any of your drivers had:- any license suspended, cancelled or amended to provisional; or any alcohol or drug conviction; or any dangerous driving offence; or any offence involving or interfering with a speed limiter?(Required)

How urgent is the insurance?(Required)

How did you hear about Insuregroup?(Required)

If you have the purchase invoice for the items or any documents relevant you can upload them here

Max. file size: 128 MB.

Would you like to make any further comments before submitting the request? We will send you an email as soon as possible.(Required)

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Our
Process

The Insuregroup insurance process – insurance solutions on demand.

We’ve streamlined our process to make arranging insurance fast and straightforward. Simply complete our online quote form with a few details and we’ll compare options from our network of insurers. Most quotes are turned around within 24 hours.

01

Submit a Quote Request
Online or Call Us Directly

Start by submitting a quote request through our online form or by calling our team. Provide your business and forklift details, and we’ll begin sourcing the most suitable forklift insurance options for you.

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02

We Source
Competitive Quotes

We search a wide network of reputable insurers to find the most competitive and relevant policies for your forklifts, drivers and equipment – typically within 24 hours.

03

Receive a Clear,
Detailed Quote Summary

We present the available options in a clear, easy-to-understand email summary, outlining coverage, pricing and key inclusions tailored to your needs.

04

Finalise
& Get Covered

Once you’re satisfied with the recommended policy, simply accept the quote. We’ll handle the paperwork and activate your cover quickly – often on the same day.

Frequently Asked Questions

What insurance do you need for a forklift?

Forklift insurance typically includes cover for accidental damage, theft and liability. Depending on your worksite or industry, you may also need public liability insurance and transit cover. At Insuregroup, our team of expert brokers can help you assess what cover types are appropriate based on where and how your forklift is used.

Can I bundle forklift insurance with other plant and equipment insurance?

Yes, forklift insurance can often be bundled with other plant and equipment insurance under a combined policy. This may include cover for excavators, loaders, cranes, and other machinery used in your operations. Bundling can simplify policy management and help ensure consistent protection across all assets. We can assist you in exploring bundled policy options.

How can I get a quote for forklift insurance?

You can request a forklift insurance quote online or by contacting us directly. We’ll ask for details such as the make and model, how the forklift is used, the value of the unit, and whether it’s operated indoors or on-site. From there, we’ll help you compare policy options suited to your requirements.

Are monthly premiums available?

Yes, we can arrange monthly payments. Easy and stress free!

When will insurance certificates be provided

We will issue you with a certificate of insurance promptly following the finalisation of your payment. These can be issued in electronic form, so as to ensure the fastest possible turnaround.

How long does it take to effect cover and produce certificates?

The time taken for insurers to confirm the cover request is generally no longer than half an hour. We demand the best in quality and reliability and for this reason we have access to over one hundred national and international insurance providers. Being specialists in insurance, you can be confident our insurers will respond in a prompt and proficient manner, allowing us to deliver much quicker insurance quotes than many of our competitors

What about Insuregroup?

At Insuregroup, we have no affiliations with any insurers, so you’re guaranteed that we act solely in your best interests – our service is transparent and honest. This means when we search through insurance policies within our network of insurers, we select only those offering the most extensive cover for the most competitive available price!

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