🔧Contractors’ Equipment & Tools (Inland Marine) Coverage in BC 🏗️🇨🇦
For contractors across British Columbia, tools and equipment are the lifeblood of daily operations. From power tools on residential sites to heavy machinery on large-scale projects, the loss or damage of equipment can bring work to a standstill—and cause significant financial setbacks. That’s where Contractors’ Equipment & Tools Insurance (often called Inland Marine Insurance) comes in.
⚡ What It Covers
- Portable Tools 🔨: Protection against theft, vandalism, or accidental damage.
- Heavy Equipment 🚜: Coverage for excavators, loaders, cranes, and other machinery—even when moved between job sites.
- Transit & Off-Site Coverage 🚚: Protection while equipment is stored, transported, or used away from your main business location.
📌 Example Scenarios
- A skid steer is stolen from a job site overnight.
- Tools are damaged while being transported to a remote project.
- A rented compressor is vandalized on-site.
❌ What It Doesn’t Cover
- Normal wear and tear 🛠️
- Mechanical breakdowns (covered under separate equipment breakdown insurance)
- Employee dishonesty (covered under crime or fidelity insurance)
✅ Why It Matters in BC
With thriving industries like construction, forestry, and infrastructure development, BC contractors face unique risks tied to mobile equipment and tools. Inland Marine Insurance ensures your essential assets are protected—wherever the job takes you.
👉 Have you reviewed your coverage recently to ensure your tools and equipment are fully protected?
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