OMNIRISK offers Contractor’s Equipment coverage for a wide variety of operations that own equipment used in construction and related industries.
”Contractor's Equipment Insurance
OMNIRISKInland Marine
Strategy needs Strategy
Coverage
We provide 33 additional coverages for the following (flexible sub-limits apply in most instances):
- Accounts Receivable
- Borrowed, Leased or Rented Equipment from Others
- Continuing Lease or Rental Charges
- Contract Penalty
- Debris Removal
- Deductible Waiver
- Drones
- Employee’s Tools and Work Clothing
- Expediting Expense
- Expendable Supplies
- Extra Expense
- Fire Department Service Charge
- Fire Protection Systems
- Improvements, Betterments, Attachments & Upgrades
- Loaned, Leased, or Rented Equipment to Others
- Loss Adjustment Expenses
- Necessary Repairs
- Newly Acquired Covered Property
- Pollutant Cleanup and Removal
- Preservation of Property
- Property While Underwater
- Property While Waterborne
- Reimbursement for Returning Stolen Property
- Rental Expense
- Replacement Keys and Locks
- Reward Coverage
- Rigger’s Legal Liability
- Transporting Property of Others
- Unintentional Errors and Omissions
- Unscheduled Tools and Equipment
- Virus, Harmful Code, or Similar Instruction
- Void Service Contract of Warranty
- Voluntary Parting
We offer optional endorsements, which include:
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- Equipment rental and sales
- Inflation protection
- Equipment breakdown
- Business income and extra expense
Benefits and Services
- Integrated underwriting, risk consulting and claims handling
- Professionals with an average of 15+ years of marine insurance experience
- Specialized risk control consulting and claims handling
Client Profiles
- General Contractors
- Specialty Trade Contractors such as painting, electrical, carpentry, plumbing, heating, air-conditioning, roofing, paving and excavation
- Marine Contractors
- Municipalities, manufacturers, warehouseman, truck terminals and airports
