Cranes and Heavy Equipment Insurance

Whether you work in logging, oil field services, commercial construction, or a similar industry, you put your cranes, loaders, and other heavy equipment to rigorous use, subjecting it to difficult tasks that put you and your business at risk every single day. Damages can occur to equipment during use or while in transport to and from a job site. If you are not properly insured, this can lead to project delays and major financial problems for your firm.

At Jarosch Insurance, we know the cranes and heavy construction industry. We know that the types of risks you face on the job are unlike any other, which is why you need insurance as unique as your work is. When you choose us for your Arizona crane and heavy equipment insurance needs, you are partnering with an independent agency that will go above and beyond to find you the most comprehensive coverage backed by the ongoing support and high-end customer service we have come to be known for here in the San Tan Valley area.

Perhaps you operate massive tower cranes that perform complicated lift jobs. Maybe you have a small crane attached to the back of your truck for lifting signs. Whatever your level of complexity, we can help you build a customized insurance policy that will see you through every phase of your work, from the bidding and contracting process to the final, completed project.

Heavy Construction Risks

As a heavy construction contractor, you have probably spent a lot of money purchasing and maintaining your expensive equipment. You may have even leased your equipment, in which case you can still be held liable for any damages to it. A thorough review of your rental contract will reveal your potential liability in the event of damage or loss. Without the right coverage on your policy – in this case, Equipment Rented Insurance – you could be held directly responsible for any damages, including those that are accidental, caused by natural disaster, or even the result of theft and vandalism. Could your business afford such a loss?

At Jarosch Insurance, we understand these types of risk exposures and more. With our decades of experience and in-depth understanding of the crane and heavy equipment industry, we can help you find insurance protection that reduces your financial vulnerability on the job. We can also help you find answers to important questions, such as:

• Is my heavy equipment still covered if I loan it out?
• Do I need specialty equipment coverage?
• Are there any gaps in my contractor insurance coverage that could leave me exposed to potential losses?

What is Heavy Equipment Insurance?

Specifically, your equipment insurance policy is designed to provide broad protection for any equipment you own or lease that is damaged or stolen on the job. Considering the extensive costs associated with repairing or replacing heavy equipment like loaders and cranes, having the right coverage can protect you against major losses due to covered events. Instead of draining your company’s bank accounts or running up large debts, you can minimize your out-of-pocket costs to little more than the cost of your deductible.

Although coverage can vary from insurer to insurer, a typical crane and heavy equipment insurance policy usually protects against things like:

• Fire
• Explosions
• Theft
• Vandalism
• Lightning Strikes
• High winds
• And more

Is Your Business Thoroughly Protected?

Crane and heavy equipment insurance is complex coverage that can be difficult to understand without the help and guidance of a licensed insurance agent. Not to mention, coverage and requirements vary from insurer to insurer, making it even more important to work with an independent agent like Jarosch to ensure you are getting the right policy and protection to meet your needs. We can help you assure protection for equipment loss, employee equipment, damage cleanup, and more.

We can also dive into your broader contractor’s insurance to identify potential coverage gaps and offer recommendations for ways you can better protect your business. No contractor’s risks and coverage needs are exactly the same as another’s, which is why contractors insurance is never a one-size-fits-all solution.

We can help advise you on a wide range of risks and coverages for your heavy construction business. Examples include:

• General liability insurance
• Commercial property insurance
• Commercial auto insurance
• Workers compensation insurance
• Umbrella and excess liability insurance
• Environmental risk coverage
• Business interruption coverage
• And much more

All of our commercial insurance services are custom-tailored to your firm’s needs and the challenges and risks you face on a day to day basis. We will consult and collaborate with you on loss forecasting to reduce your company’s out-of-pocket costs due to a covered event. We will also accommodate your needs as they change, working through the growing pains of your company to assure you remain adequately protected every step of the way. Most importantly, we have the ability to shop and compare coverage from multiple insures to find a policy that meets your needs and budget, regardless of how big or small your operation may be.

Do not wait until it is too late to find out if your cranes and heavy equipment are properly insured. To find out more about crane and heavy equipment or other commercial insurance solutions in Arizona, contact Jarosch Insurance to request your free quotes today. We look forward to serving you soon.