Our Contractor's Equipment policy allows maximum flexibility for equipment that is owned or under long-term lease. Our equipment floater coverage form can be designed either on a scheduled basis or on an automatic acquisition basis. We also offer four valuation options, including replacement cost on items up to 10 years old.

The scheduled coverage form is ideal for smaller schedules or where there is less buying and leasing activity. Newly acquired items are covered for 30 days, up to $250,000.

The automatic acquisition coverage form is specifically designed for large equipment schedules or contractors with more equipment activity, as it is only updated at the beginning and end of the policy term, avoiding the hassle and worry related to adding or removing equipment.

Optional coverages available include:

  • Leased and Rented Equipment
  • Loss of Business Income & Extra Expense
  • Rental Expense of substitute equipment