What is a contractor's equipment policy?

It's a type of inland marine insurance that covers heavy machinery and equipment used by contractors, such as bulldozers and excavators.

A contractor's equipment policy is a type of inland marine insurance that specifically covers tools and machinery used in construction or similar industries, protecting them against theft, damage, or loss.

A roofing contractor uses a contractor’s equipment policy to cover their tools and machinery at job sites.

Purchase separate marine cargo insurance if your business involves international shipments, as inland marine insurance does not cover overseas transport.