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Contractor's Equipment Product

Introducing a Contractor's Equipment product that provides broad coverage on an inland marine form.

Product Features

  • Small & large schedules
  • Replacement cost valuation available for all equipment up to 5 model years old
  • Miscellaneous tools and equipment coverage can be included on a blanket basis
  • Full coverage is provided for transit exposures
  • Flood coverage available or included in some markets
  • Earthquake coverage available or included in some markets
  • Additionally acquired contractor's equipment is automatically covered for up to 60 days
  • $2,500 limit for debris removal in addition to the policy limit
  • Actual cash valuation and replacement cost valuation are available on the same policy
  • Equipment leased, loaned or rented from others can be covered
  • Minimum premium as low as $500

Additional Advantages

  • Competitive pricing
  • All risk coverage form available
  • Wide array of eligible construction operations
  • Rented/borrowed coverage may be available for a flat fee
  • 25% premium reduction for optional Theft Exclusion may be available

Coverages and exclusions differ by carrier and by state. Specific concerns can be discussed with an underwriter.

800.635.4742, Ext.8303

submissions@myronsteves.com