Insurance plays a critical role in protecting various types of mobile equipment that companies rely upon in their day-to-day operations, and having the right insurance coverage can give insureds peace of mind knowing that their assets are safeguarded against unforeseen events. Our Mobile Property/Equipment coverage is tailored to the needs of your insured’s industry via a carefully crafted form and endorsements that address their unique operations.
Appetite
- Collectibles
- Communication
- Healthcare/Medical/Dental
- Renewables & Power
- Trade/Scientific/Construction
- Other Mobile Property/Equipment
Product Highlights
- Coverage can include perils of flood, earthquake, mechanical breakdown, electrical currents, sewer or drain, waterborne property and/or windstorm/hail.
- Automatic Supplemental Coverages include (subject to policy conditions or sublimits):
- Pair or Set Coverage
- Loss of Parts Coverage
- Voluntary Parting Coverage
- Debris Removal
- Coverage for Employee-Owned Tools
- Expediting Expenses
- Coverage for Fire Department Service and Extinguishing Equipment
- Jobsite or Temporary Trailer and Contents Coverage
- Leased and Rented Property Coverage
- Property being leased/rented to others
- Coverage for Newly Acquired Property
- Pollutant Cleanup and Removal Coverage
- Preservation and Protection of Property
- Rental Reimbursement
- Spare Parts and Fuel Coverage
- Coverage for Transporting Equipment
- Optional Coverages
- Green Recycling
- UPS or BESS Additional Coverage
- Drone Coverage
- Loss of Warranty Coverage
- Business Interruption Coverage
Exposures
- Exposure basis can be Values, Sales or Rental Receipts
Valuation Options
- Replacement Cost
- Market Price
- Agreed Amount
- Upgraded Replacement Cost
Reporting Options
- Monthly
- Quarterly
- Annual
Deductibles
- Deductibles up to $100,000, as well as first dollar coverage available
Coverage Territory
- Coverage available in the contiguous U.S on a non-admitted basis only
