If you’re in the construction industry, then you know that accidents can happen at any time. That’s why it’s important to have construction equipment insurance – to protect yourself and your business in case something goes wrong. But what type of construction equipment insurance do you need? And how much should you buy? This can […]
Am I Covered When A Contract Driver Is Operating My Equipment?
If you have a leased vehicle or property, you are required to provide insurance protection for the owner of that unit from losses that you are legally liable to pay. Contingent Liability is protection from losses to a third party for which you are legally responsible but, as the owner of the equipment of property, […]
Understanding the Difference Between a Standard and Excess Surplus Line Insurance
Inherently risk-averse, we do what we can as individuals and business owners to minimize loss or liability from an incident. Everything from continued training through insurance policies help mitigate risk by either reducing the likelihood of an event or financial recovery after an incident occurs. But, while policyholders purchase plans to prevent loss, there are […]
Do I Need Construction Equipment Insurance?
“I have a GC and Liability policies already, isn’t that enough?” Let’s step back for a moment and take a look at why policies are specialized. If you look closely at your policies, most of the language will focus on the risk of injury, death, or property damage to others. If your own equipment is […]