Types of Heavy Equipment we insure:​

• Excavator

• Skid Steer

• Bulldozer

• Backhoe

• Trencher

• Land Grader

• Forklift

• Articulated Hauler

• Compactors

• Pile Driver

• Directional Drill

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What does Heavy Equipment Insurance Cover?

• Heavy Equipment Liability Insurance

  • An excavating contractor faces liability risks every time they begin moving earth on a construction site. Some of these risks include unforeseen sub-surface conditions, hitting underground utilities, soil compaction, and grading property for water runoff.  

  • Heavy Equipment Liability Insurance covers losses associated with property damage and bodily injury you cause to a third party while you are in the course of construction. Since excavating businesses are usually subcontractors, your general contractor will require that you at least obtain $1M in General Liability Insurance for heavy equipment. 

• Heavy Equipment Insurance (Contractors Equipment or Inland Marine Insurance)

  • As a construction company, your business has heavy expensive equipment. Insuring that equipment properly is important. Here are some examples of the risks that your land clearing business faces: trench collapses and equipment falls into trench, theft, and vandalism to equipment. 

  • Since heavy equipment companies are grading job sites, digging trenches, clearing land, and running underground pipes in preparation for foundations, this requires the operation of heavy equipment. Ensuring you have heavy equipment operators insurance is vital to preventing uninsured construction insurance claims. 

• Property Insurance

  • If your construction business has a physical location where you are storing equipment, you will want to insure the building and equipment inside from exposure to loss. Your heavy equipment is needed to operate you business. If you don't have the money to replace all of your equipment, you will want insurance for heavy equipment. 

• Workers Compensation Insurance

  • If you have employees you will need to carry workers compensation insurance. This policy covers work-related injuries/illnesses that your employees may sustain during their employment. Finding the right work comp for heavy equipment business is important. ​

• Commercial Auto Insurance

  • Most heavy equipment contractors use dump trucks, tractors, and trucks during the course of construction. Insuring your trucks on a commercial auto insurance policy will protect your business ​from auto related claims. 

• Bonds

  • License and permit bonds. If you are working on public jobs, you may need a license and permit bond prior to working. 

  • Payment and Performance bonds. General Contractors and property owners may require a performance bond prior to starting a job.