Construction Equipment Insurance

CONSTRUCTION EQUIPMENT INSURANCE

Your Best Protection for Construction Projects

WHAT IS COMMERCIAL BUILDERS RISK INSURANCE?

Commercial Builders Risk Insurance protects buildings and structures while construction is ongoing. This construction insurance coverage gives contractors, developers, and property owners confidence by safeguarding their financial investment. It covers the main risks for projects ranging from small developments to large infrastructure builds.

WHO NEEDS CONSTRUCTION EQUIPMENT INSURANCE?

Construction Equipment Insurance provides essential coverage for companies and people who depend on tools and machinery to complete their projects. Here’s who gets the most value from insurance for construction machinery:

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Contractors

People who run construction sites need full insurance for equipment they own, lease, or rent. This protects them from theft, damage, or accidents.

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Subcontractors

Independent pros who use special tools and equipment on job sites gain from focused construction tools insurance. This helps them avoid expensive repairs or replacements.

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Heavy Equipment Rental Companies

Firms that rent out construction machinery to others can shield their fleet with rented equipment insurance. This gives them the best protection.

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Construction Companies

Businesses that handle many projects and manage big fleets of heavy equipment need heavy equipment insurance. This helps them protect their investments.

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Project Owners

WHAT DOES CONSTRUCTION EQUIPMENT INSURANCE COVER?

Your construction equipment insurance coverage changes based on your project’s size and type, the equipment’s worth, and the specific risks you face. Here’s what you get:

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Physical Damage

This covers harm from accidents like crashes, objects falling, or machines breaking down while in use.

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Fire Damage

This helps if fire or blasts hurt or wreck your equipment.

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Vandalism

This guards your tools and machines from harm caused on purpose by bad people.

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Theft

This protects you when someone steals your machines, whether at your work site or while moving them. It’s a key part of insurance for big machines.

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Natural Disasters

Some plans cover damage from weather events like big storms, floods, or earthquakes. This matters a lot in places where these things happen often.

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Transit Coverage

Insurance to protect equipment while it’s moving between job sites making sure tools and machinery stay safe during transport.

CONSTRUCTION EQUIPMENT INSURANCE COSTS

Insurance premiums usually cost between 1% and 5% of your equipment’s insured value. Here’s a quick overview:

Equipment Insurance Costs

Equipment
Per Month
Per Year

Small Equipment

(Hand tools and compact machinery)
$30–$100
$360–$1,200

Medium Equipment

(Mini-excavators, skid steer loaders)
$100–$250
$1,200–$3,000

Large Equipment

(Bulldozers, cranes and heavy machinery)
$250–$700
$3,000–$8,400+

FACTORS THAT AFFECT INSURANCE COST

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Equipment Value

Machines with higher value lead to higher premiums.

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Location and Risks

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Use

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Coverage and Deductibles

POLICY COMPARISON TABLE

Choose from flexible plans tailored to protect your tools, heavy equipment, and rented machinery. With options for every budget, our policies ensure reliable coverage to keep your projects on track.

Policy Comparison

Basic Plan
Standard Plan
Premium Plan
Damage Coverage
Limited
Comprehensive
Comprehensive + Optional Add-ons
Theft Protection
Essential Coverage
Advanced Protection
Maximum Coverage
Transit Protection
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Enhanced with Additional Benefits

REAL-LIFE SUCCESS STORIES

How Construction Equipment Insurance Protects Your Projects

NATIONWIDE CONSTRUCTION INSURANCE: PROTECTION ACROSS AMERICA

Our construction insurance, which covers the entire nation, ensures that your gear stays safe no matter where you build. Whether you’re working in busy cities or out-of-the-way spots, we tailor our policies to tackle the unique problems each area brings. Main Perks:

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Coverage from Sea to Shining Sea

Full protection in all 50 states.

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Plans You Can Tweak

Handle risks like stealing moving issues, and harsh weather.

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Help from Pros

On-the-ground know-how to deal with local rules and dangers.

Shield your gear anywhere in the U.S. with trustworthy, flexible coverage. Contact us now to safeguard what you’ve put in and keep your projects moving forward!

WHY CHOOSE OUR CONSTRUCTION EQUIPMENT INSURANCE?

We don’t just sell Builders Risk Insurance, we give you peace of mind. Here’s what makes us different from other companies:

01

Industry Know-How

Our agents know the ins and outs of construction risks offering custom solutions to protect heavy machinery, tools, and rental gear.

02

Coverage You Can Tweak

03

Budget-Friendly Prices

04

Coast-to-Coast Protection

05

Quick Claim Handling

06

Support You Can Count On

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FREQUENTLY ASKED QUESTIONS

Here’s what you need to know about Construction Equipment Insurance:

Yes, our policies include transit protection, ensuring your machinery stays secure while being moved between job sites.

We cover a wide range of equipment, including heavy machinery, small tools, and rented construction gear, all tailored to your specific needs.

Absolutely! Our nationwide construction insurance ensures your equipment is protected wherever your projects take you across the U.S.

Yes, our Construction Equipment Insurance has protection against theft and vandalism. It covers the cost of replacing stolen or damaged tools and machinery.

Of course! You can tailor our policies to fit your needs. This means you can change coverage limits, add specific equipment, and address unique risks that your business faces.

Get Affordable Builders Risk Insurance Now

Don’t let unexpected dangers throw your construction project off track. For big and small builds, like a hospitality project or industrial facility, Nationwide Builders Risk Insurance offers protection. Receive coverage options tailored to your needs, including custom construction insurance solutions for your specific project requirements.