Is a trailer covered automatically?
Not necessarily. The trailer itself and the tools inside it can involve different coverage sections.
Contractors Equipment & Inland Marine Insurance
Contractor property rarely stays in one building. Tools, generators, lifts, welders, skid steers and rented equipment may move among yards, vehicles and job sites, which is exactly why property coverage needs to follow the exposure.
What to Review
Contractor insurance starts with the work—not a generic class description.
Project type, job-site conditions, subcontracting, contracts, fleet, equipment and completed work can all change the insurance conversation.
Mobile propertyStandard building-based property coverage may not follow equipment to every job site.
Leased & rented equipmentContracts may make the contractor responsible for equipment it does not own.
ValuationActual cash value versus replacement cost can materially change recovery after a loss.
TheftJob-site and vehicle theft controls can affect both underwriting and claims.
Common Questions
Questions worth answering before renewal.
What about rented equipment?
Rented-equipment responsibility should be coordinated with rental agreements and policy limits.
Do we need a schedule of equipment?
Often for higher-value items. Blanket and scheduled approaches each have tradeoffs.
Keep Exploring
Related contractor insurance topics.
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Learn more →Have a renewal coming up?
Start with a conversation about your operation, current program and what you want to improve.