CONTRACTORS’ EQUIPMENT COVERAGE
provides physical damage insurance on mobile or contractors' equipment when they are located at the insured's premises, at jobsites, or in transit. Property covered ranges from employees' tools to scaffolding to cranes and everything in between. If an item of property is used to do a job and is not licensed for road use, it probably qualifies as contractors' equipment and should be covered. This is a flexible policy that can be tailored to respond to specific situations. Coverage can be on an all risk or named cause of loss basis.