Tools and Machines Keep Jobs Moving
Coverage for What You Can’t Work Without
In construction, your equipment is your livelihood. From hand tools to skid steers and lifts, a loss can bring a project to a halt and hit cash flow hard. Contractor’s equipment insurance, often written as inland marine coverage, protects tools and machinery while they’re on the job site, in a truck, or stored between projects.
GM Insurance Underwriters works with Florida contractors every day, so we understand how often equipment is transported and how quickly
replacement costs add up. We help you list equipment properly and set values that reflect today’s pricing, not last year’s.
Why This Matters to GCs and Subs
Keeps Your Contracts and Crews On Track
General contractors often require subs to carry their own equipment coverage because a single theft or breakdown can delay an entire job. It also helps protect your balance sheet when you’re juggling multiple sites across Jacksonville, St. Johns County, and Central Florida buildouts where equipment is constantly on the move.
When you pair contractor’s equipment insurance with general liability,
commercial auto, and workers’ comp, you end up with a
stronger construction program that covers both property and liability risks without overlap or gaps.
Questions We Hear from Florida Contractors
Is equipment coverage required by law?
It’s not state-mandated, but many contracts require it, and it’s a practical protection for any contractor with valuable tools or machinery.
Does it cover tools in my truck?
Yes, policies commonly cover tools and equipment in transit, subject to limits and deductibles you choose.
What if I buy new equipment mid-year?
We can add it quickly with proper values so coverage stays current.