Commercial equipment insurance, built for gear that moves
Tools and machinery work on job sites, in transit and on rented lots, often where your property and commercial auto policies stop. Equipment (inland marine) coverage protects owned, rented and leased gear against theft, damage and downtime wherever the work takes it.
Options compared across the market · Same-day certificates
See the equipment program your operation needs
Tell us how you use your gear and we'll show the coverage parts to prioritize. Construction typically uses a contractors equipment form, landscaping a floater for mowers, trailers and small tools, trucking an equipment and motor-truck cargo floater, manufacturing an equipment floater for production machinery, and trades a tools and equipment floater. A broker confirms values, valuation, limits and eligibility, which vary by carrier, equipment, contracts and state.
Your operation
Select everything that applies.
Coverage that typically applies
6 coverages — a starting point for a conversation, not a quote.
- Owned Equipment (scheduled)Your machinery insured on and off premises, anywhere it works.
- Replacement-Cost ValuationPays to replace, not a depreciated actual-cash-value settlement.
- Theft & VandalismThe most common equipment claim, especially off premises and overnight.
- Off-Premises / Jobsite CoverageProtection at every active job site, not just your yard.
- Rental Reimbursement (Loss of Use)Pays to rent a replacement so a breakdown doesn't stop the job.
- Newly Acquired EquipmentAutomatic coverage on new purchases for a set window, then schedule them.
When a key machine goes down, the job doesn't wait
Repairs are only half the loss. Renting a replacement to keep the crew working adds up quickly: the daily rental rate times the days a machine is out of service. A replacement excavator can run hundreds or thousands of dollars a day, which on a long job can exceed the repair itself.
Rental reimbursement (loss of use) coverage pays that substitute-equipment cost after a covered loss, so a breakdown doesn't idle your crew or set back your schedule.
The building blocks of an equipment floater
Equipment (inland marine) coverage is several protections in one. Each entry notes the gap owners most often miss.
Owned Equipment
Covers excavators, skid steers, mowers, generators, compressors and other gear you own against theft, fire, vandalism, collision, overturn and more, wherever it operates. The gap: property largely stops at your premises, so only equipment coverage responds once gear leaves for a job site, transit or a rented lot.
Small Tools (Blanket)
One blanket limit for drills, saws, meters and hand tools too numerous to schedule, usually with a per-item cap. The gap: a crew's worth of stolen tools adds up quickly, so check both the per-item cap and total limit.
Rented & Leased Equipment
Covers equipment you rent or lease from others and equipment you've financed, answering the contractual liability rental agreements create. The gap: the rental company's waiver is costly and often thin; your own coverage is usually broader, and financed gear needs a lender loss-payable clause.
Equipment in Transit
Protects gear hauled between yard and job sites on trailers, flatbeds or truck beds against upset, collision and theft. The gap: commercial auto covers the truck, not the equipment on the trailer behind it.
Rental Reimbursement
Pays to rent a substitute machine while insured equipment is repaired or replaced after a covered loss. The gap: owners insure the machine but forget the downtime.
Theft & Jobsite
Equipment and tool theft is the most common equipment loss, and most of it happens off premises, from trailers and overnight. The gap: some policies cap off-premises or overnight theft well below your exposure; confirm the sublimit and ask about credits for GPS trackers and locked storage.
Where businesses assume they're covered and aren't
Equipment losses fall between property and auto policies. Here is each assumption and the fix.
My property policy already covers my equipment.
My commercial auto covers the trailer and what's on it.
Am I liable for rented equipment?
What's the difference between actual cash value and replacement cost?
Are there limits on jobsite and overnight theft?
Is a machine I buy mid-policy covered?
How we put your equipment program together
As a broker, we compare options across the market and shape coverage around how your crews actually work, then help you through a claim if one comes.
Built around your crews
Owned, rented, leased, tools, trailers and in transit, scheduled the way your gear actually moves between jobs.
Options across the market
We compare the inland marine market for coverage, valuation and price, and keep it current as you grow.
Same-day certificates
Certificates and additional insureds to mobilize on a job, often within hours.
Replacement-cost focus
We push for replacement-cost valuation so a loss doesn't leave you funding the gap on depreciated gear.
Claims advocacy
When equipment is stolen or damaged, we work with the carrier so you can keep the project moving.
Contract review
We read the equipment and insurance requirements in your contracts and rental agreements so your coverage meets them.
Get your equipment quoted
Tell us what you run and where it works. We'll build an equipment program that protects your gear on every job and compare it across the market.
Coverage descriptions are general summaries for education. They are not legal, tax or coverage advice, a statement of coverage, an offer or a binder; the profiler is a starting point for discussion, not a quote. Coverage parts, valuation methods and limits vary by carrier, equipment, contracts and state. Equipment (inland marine) coverage is separate from commercial property and commercial auto. Coverage and eligibility are governed by the terms, conditions and exclusions of the policies issued and are subject to underwriting.