CONTRACTORS EQUIPMENT: Provides coverage for large mobile equipment that is owned or rented. Common kinds of contractors’ equipment include backhoes, bulldozers, skid steers and excavators.
TOOLS AND EQUIPMENT: Provides coverage for small “portable” equipment such as tools and other small equipment. Common kinds of tools and equipment include ladders, drills, saws and other small tools used in the construction industry.
CONTRACTORS INLAND MARINE PLUS: This endorsement provides several coverages together at an affordable price. There are several tier options including standard, enhanced and premier, which offer higher coverage amounts depending on how large the business is and how much coverage is needed. Coverages include building materials and installation property, contractors’ equipment and tools, electronic data processing equipment, and rental reimbursement and extra expense.
BUILDERS RISK: This is a special kind of property coverage that is designed to cover property while it is in the process of being constructed. Builders and remodelers will need this because they often have materials that are not part of the home yet, and they need special coverage in case something happens to those materials.