Make sure you're protected against the financial impact of equipment damage or loss while your assets are in transit or stored at the auction site: invest in worldwide cargo insurance and on-site property insurance.
Benefits of Ritchie Bros.' exclusive insurance program
Look after your greatest assets with low-cost, worldwide cargo and on-site property insurance:
- Insure yourself against all risks (Damage, Fire, Theft, "Acts of God" including Weather) of equipment damage or loss.
- No need to prove fault of the carrier in the event of an accident during transit
- Coverage includes transit by other carriers/subcontractors involved in the shipment.
- Equipment is insured for its market value
- Easily add insurance to your purchase invoice or consignment contract
- Ritchie Bros. customers enjoy exclusive rates
- Deal directly with our insurance providers through a simple claims process
In transit or on site – you're covered
Insurance is available for purchase in the U.S., Canada, Europe, Australia, Dubai and Mexico. See on-site property and cargo insurance rates and coverage.
Who provides the insurance?
Insurance is brokered by Marsh and underwritten by Zurich in the United States, Canada, Dubai, Mexico and Europe. In Australia, insurance is brokered by Australian Risk Applications Pty Ltd and underwritten by Zurich Insurance Group LTD.
Why doesn't Ritchie Bros. provide insurance for my equipment when it's at the auction site?
Only the legal owner can insure a piece of equipment. As such, all consignors and buyers must purchase on-site property insurance to protect their equipment against damage or loss while it's at a Ritchie Bros. auction site.
This information provides only a general overview of subjects covered, is not intended to be taken as advice regarding any individual situation, and should not be relied upon as such. Insureds should consult their insurance and legal advisors regarding specific coverage issues. All insurance coverage is subject to the terms, conditions, and exclusions of the applicable individual policies. Marsh cannot provide any assurance that insurance can be obtained for any particular client or for any particular risk.
Marsh is part of the family of Marsh & McLennan Companies, including Guy Carpenter, Mercer, and the Oliver Wyman Group (including Lippincott and NERA Economic Consulting). For more information visit www.marsh.ca or www.marsh.com.
For full details of the cover and policy conditions and Financial Services Guide for insurance provided in Australia, phone Australian Risk Applications Pty Ltd. at +61.2.9007.2491.
For Australia - view the Financial Services Guide (FSG) and/or policy wording.
Questions? Call today