Safeguard Your Contractor's Equipment
THE RIGHT TOOLS FOR THE JOB. Backhoes, Excavators, Pavers, Trenchers, Loaders, Bulldozers, Cranes... these items can be essential to your contracting operations and loss or damage to any of them could pose a serious financial strain on your business. That is why it is a smart choice to protect your equipment with the right insurance. Let W.E. Davis Insurance help you secure the necessary coverage by using specialized forms to customize your equipment to meet your specific needs.
Great Contractor's Equipment Coverage is NOT easy!
Provide a Comprehensive List
A great Contractor's Equipment list should include not only a description (including year, make, model and serial number) as well as value, but also the date purchased purchase price AND cost to replace.
Equipment that is 5-years old or less can be covered for full replacement (no depreciation) for little to no additional premium, but you must ask for the coverage.
Leased and Rented Equipment
Equipment leased or rented from others is only covered for $25,000 or less, so you need to review the types of equipment you rent and how often with our agency. Covering this through your insurance program is MUCH CHEAPER than letting the rental company cover it for you. We can also pay for the loss of use of the rental equipment when you are legally liable for it.
Rental reimbursement of equipment can be covered, up to a daily limit and a maximum amount of coverage. Typical coverage is $500 a day up to a $5,000 limit to pay your expenses to rent replacement equipment when yours has been damaged by a covered loss. However, this coverage can be increased to meet your specific needs. A minimum 24-hour waiting period applies.
Newly Purchased Equipment
Newly purchased equipment can be insured for up to 60 days, with a limit equal to 30% of your total schedule equipment or $25,000, whichever is greater. Longer time periods and limits can be negotiated depending on your needs.
Our Recreational Vehicle Insurance Coverage Options
Reach out to our team at W.E. Davis to customize your plan and learn more.
Family Owned and Operated Since 1938.
A Family team that will make a difference in how you see insurance. Let our years of experience, knowledge and hard work ethic play in the role of choosing the right protection for your home, auto, business,