Our Inland Marine coverage includes a variety of coverge including Builder's Risk, Contractor's Equipment, Riggers and On Hook.
Builder's risk insurance is a form of insurance that covers property owners and builders for projects under construction, renovation or repair. Builder's risk provides coverage on an "all risk" basis including theft and vandalism, for accidental losses, damage or destruction of property for which the insured has an insurable interest. This property can include and entire building or other structure in the course of construction including the building supplies and materials at the job site to be used in the project.
Contractor's equipment insurance provides coverage for damage to mobile equipment, including tools and machinery, used in construction as well as in a variety of other activities. Builders risk policies do not cover such equipment, unless it is intended to be made a part of the building or structure. Contractors equipment coverage is not restricted to a location, so it applies at job sites, other locations, and while in transit.
Riggers or "on hook" is coverage that provides coverage for direct physical loss to covered property for which the contractor is legally liable.
Coming Soon....