Excavator Insurance
Excavators are a vital part of any construction business operation, and the nature of their job means they are used in circumstances that expose them to considerable risk to their health. Excavator insurance covers those contractors who perform such activities as excavation work, foundation digging, and grading of land. These risks are often associated with adequate soil compaction and meeting proper levels and grades for water runoff, including first-party damage to heavy equipment.
Soil conditions are prone to movement that can result in landslides, mudslides, and other earth-related risks associated with environment regulation, which are all real concerns for excavation contractors.
Excavators are an expensive investment for which you want to be covered in case of damage resulting from an unexpected operational incident that may cause your business significant damage.
The best way to protect your business from huge financial losses in the event of an excavating accident is through a comprehensive excavator policy.
Contractors Insurance Agency can help you find the right excavator insurance to keep your business insurance financially protected if any accidents are to occur.
Our Excavator's Contractor's Program includes...
- $5,000 Builders’ Risk/Installation Coverage …………………………………. $250 deductible
Includes: Loss of Rental Income, Scaffolding and Construction Forms, Soft Costs, Testing, And Property in Transit and in Storage at Unscheduled Locations - $2,500 Contractors Portable Tools – $1,000 per tool …………………………………. no deductible
- $2,500 Accounts Receivable …………………………………. $100 deductible
- $2,500 Valuable Papers and Records …………………………………. $100 deductible
- $2,500 Damage to Property Being Worked Upon and Property Borrowed …………………………………. $100 deductible
Included with Property Coverage...
- Business Income and Extra Expense – Actual Loss Sustained …………………………………. no waiting period
- $2,500 Money and Securities …………………………………. $100 deductible
- $2,500 Signs Attached to buildings …………………………………. $100 deductible
- $2,500 Outdoor Property – Broad Causes of Loss
- $10,000 Electronic Data Processing Equipment – Additional Causes of Loss
- 5% Building Inflation Guard
- 25% Temporary Business Personal Property Limit Increase
Optional Coverages
- Business Auto
- Contractors Errors & Omissions
- Crime
- Umbrella
- Inland Marine Floaters
- Workers Compensation