Contractors’ Equipment Insurance

This coverage was developed to help protect commercial operations owning valuable mobile equipment. It provides coverage for construction machinery, equipment and tools of a mobile nature used in contracting, installation, erection and repair, or moving operations or projects.

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Business owners: Contact your insurance agent or broker

Insurance agents

Call a specialist now 847-762-7178

Appetite

The following types of operations may be considered in this program:

  • Street and road contractors
  • Concrete and asphalt batch plants
  • General construction
  • Grading contractors
  • Steel erection companies
  • Landscaping operations
  • Roofing contractors
  • Artisan contractors, including carpentry contractors, drywall contractors, electrical contractors, masonry contractors, HVAC contractors and plumbing contractors

Geography

  • Nationwide except Hawaii

Ineligible risks

  • Cranes with booms exceeding 25 feet in length
  • Waterborne equipment
  • Select other operations

Coverages offered

  • The program provides physical damage coverage to mobile equipment, machinery and tools typical of construction equipment.

  • A completed ACORD 125 is required for all submissions
  • Currently valued loss runs for the most recent prior three years
  • Provide information on type of contractor and work performed
  • Schedule of equipment including manufacturer, year, model, serial number and limit of insurance

  • Up to $500,000 per item and $10 million per schedule
  • Higher limits may be available, subject to underwriting

  • Rented/leased equipment limit
  • Replacement cost
  • Rental reimbursement
  • Various deductibles starting at $500
  • Minimum premium $500

  • Admitted

FAQs

Contractors’ Equipment Insurance from Zurich is designed to help protect commercial operations that own valuable mobile equipment. The coverage insures construction machinery, equipment and tools used in contracting, installation, erection, repair or moving operations against covered physical damage.

Contractors’ equipment is essential to daily operations and often represents a significant financial investment. Zurich Contractors’ Equipment Insurance helps minimize financial disruption by protecting equipment from covered losses such as damage or theft, helping businesses stay operational and on schedule.

Zurich Contractors’ Equipment Insurance may be available for operations such as:

  • Street and road contractors
  • Concrete and asphalt batch plants
  • General construction and grading contractors
  • Steel erection companies
  • Landscaping and roofing contractors
  • Artisan contractors, including carpentry, drywall, electrical, masonry, HVAC and plumbing

Eligibility is evaluated based on operation type and risk characteristics.

This coverage provides physical damage protection for mobile equipment, machinery and tools typically used in construction operations. Covered equipment usually includes items that are movable and regularly used across jobsites.

Coverage terms and limits depend on underwriting guidelines and selected options.

Unlike traditional property insurance, which typically covers equipment at a fixed location, Zurich Contractors’ Equipment Insurance is designed for mobile equipment that moves between jobsites or is used in various locations. This makes it better suited for construction and contracting operations.

Coverage for rented or borrowed equipment may be available depending on policy terms and underwriting approval. Zurich works with agents and brokers to determine the appropriate coverage structure based on equipment usage and contractual requirements.

Yes. Zurich Contractors’ Equipment Insurance may include protection against theft of covered equipment, subject to policy terms, conditions and exclusions. This is especially important for equipment stored or staged at jobsites.

Zurich Contractors’ Equipment Insurance is available nationwide, except Hawaii. Coverage availability may vary by jurisdiction and underwriting requirements.

Zurich Contractors’ Equipment Insurance does not cover:

  • Rental equipment companies
  • Cranes with booms exceeding 25 feet in length
  • Waterborne equipment
  • Certain other high hazard operations

Each submission is reviewed to ensure alignment with program guidelines.

Policies are written on an admitted basis.

Zurich Contractors’ Equipment Insurance is well suited for:

  • Contractors that own mobile construction equipment
  • Businesses operating across multiple jobsites
  • Organizations seeking protection beyond standard property policies

This coverage helps protect the tools and machinery that keep construction operations moving.

To obtain Zurich Contractors’ Equipment Insurance, businesses can request contact through the Contractors’ Equipment appetite page on ZProgramsMatch. 

Construction businesses choose Zurich because of:

  • Deep construction industry expertise
  • Coverage tailored for mobile equipment risks
  • Nationwide availability (excluding Hawaii)
  • Strong claims and risk management capabilities

Zurich combines financial strength with construction focused insight to protect essential equipment.