Shield the machinery that drives your business and build with the peace of mind of having a protected investment.
Insurance / Companies / Machinery and Equipment
Contractors’ Equipment
Contractors’ Equipment Insurance protects your company’s machinery and mobile equipment against material damage or direct loss. This policy covers everything from excavators and cranes to generators and tools, whether they are at the job site, in transit, or in storage. At NRGI Broker, we design coverage tailored to the value of your equipment, its use, and the specific risks of your industry, ensuring the continuity of your projects.
What does Contractors’ Equipment Insurance cover?
- Material damage due to fire, lightning, collision, or overturning.
- Total theft of the unit and robbery with violence.
- Hydrometeorological risks such as floods, hurricanes, and earthquakes.
- Losses during transport or loading and unloading operations.
- Coverage for salvage and debris removal expenses.
- Applies at the job site, warehouses, and during land transportation.
Who is this insurance intended for?
- Construction andcivil engineering companies.
- Contractors specialized in excavation, erection, or paving.
- Companies in the agricultural, mining, or energy sectors.
- Firms dedicated to heavy equipment rental.
- Organizations with high-value equipment essential to their operations.
If your key machinery is stolen midway through a project, how do you avoid decapitalizing your company to replace it while also paying costly penalties for project delays?
Answer: The insurance indemnifies the value of the equipment, allowing you to replace it quickly without using your working capital. By avoiding a prolonged work stoppage, you recover your asset and protect the project’s profitability by not incurring delay penalties.
It is the tool that guarantees business continuity.
Why purchase your Contractors’ Equipment Insurance with NRGI Broker?
At NRGI Broker, we understand that your machinery is the engine of your business. We help you protect your most valuable assets with a policy that responds to the real risks of your operation, from wear and tear to total loss. Working with us offers: accurate asset valuation, access to leading insurers, customization by equipment type and project, and expert claims advisory to expedite recovery.
