Contractors Equipment & Inland Marine

It's coverage for your mobile business equipment — directional drill rigs, mud mixing and recycling systems, locators, bore heads, drill rods, vacuum excavators, and tooling — against physical loss or damage and theft, wherever the equipment is: on the job site, in transit between jobs, or in storage. It's written as inland marine because your equipment is mobile, which is why it's the right form rather than a location-based property policy.

General liability covers third-party injury and property damage, not your own equipment. And standard commercial property coverage is tied to a fixed location and largely stops at the premises — but your rig spends its life moving between job sites. Contractors equipment (inland marine) is the coverage built for high-value machinery that's constantly mobile, which is exactly what a directional drilling operation runs.

Yes — transit is a core part of inland marine coverage, and it matters because moving a drill rig on a trailer carries real exposure to overturns and road incidents. The coverage follows your equipment from the yard to the job site, on site, and back, so there's no gap between the legs of the trip. We make sure transit, on-site, and storage exposures are all covered.

Yes. Most bore contractors rent or lease at least some equipment — a second rig for a big pull, a leased vacuum excavator — and those arrangements usually come with a contractual requirement to insure the rented unit. We structure coverage to include owned, rented, and leased equipment, and can add the loss-of-use and rental-reimbursement options that keep you working when a machine is down.

Yes — theft and vandalism are standard covered causes of loss under contractors equipment coverage, which matters because bore jobs often sit on open, remote sites where equipment and tooling are a target. We can also discuss the security practices that reduce these losses and support your coverage at renewal, since job-site theft is a recognized and rising exposure for utility contractors.

You can add loss-of-use or rental-reimbursement coverage to address exactly that. A directional drill rig that's out of service doesn't earn, and a covered loss can sideline you for weeks. Loss-of-use options help cover the cost of renting a replacement so you can keep the job moving while your equipment is repaired or replaced. We'll include these options in your quote so you can decide what fits your operation.

We build your equipment schedule from the actual replacement or agreed value of each major unit, schedule high-value items like the rig and mud system specifically, and use a blanket limit for smaller tooling. Underinsuring to save premium means a shortfall on a total loss of a machine you can't work without, so getting the values right is the whole point. We keep the schedule current as your fleet changes.

Call 844-967-5247 or request a free quote with a list of your major equipment — rigs, mud systems, locators, vacuum excavators — and whether you rent or lease any of it. We'll build an inland-marine schedule with the right values and loss-of-use options, alongside your general liability and the rest of your program. Quotes are free and carry no obligation.