Does Commercial Insurance Cover Heavy Equipment?

Business owners know that there are key elements that are required to run and protect their company. One of the most critical elements is commercial insurance. Businesses that own and operate heavy equipment need complete coverage to protect their valuable belongings and prevent serious financial losses that could impact the well-being of the operation. 

Covering Heavy Equipment

Standard commercial insurance doesn’t generally provide coverage for heavy equipment and is designed to protect the structure and its contents rather than vehicles and heavy equipment. There is specialized insurance available that is designed to cover the equipment and provide the blanket of protection necessary to repair or replace expensive machinery critical to the welfare of the company. Before selecting your insurance policy, it is important to research the limits and exclusions for coverage. It is best to ask a professional insurance agent about the details so you can be informed.

Getting Complete Coverage

If you own a business and have heavy equipment, make sure you know what your commercial insurance covers and make any additional insurance purchases that cover gaps in the policy. Business owners in and around Huntington, MD can rely on the expertise of Monterey Insurance Group, Inc. to provide the guidance necessary to provide complete insurance protection. 

Don’t leave your valuable assets unprotected. Contact the offices of Monterey Insurance Group, Inc. serving businesses in and around Huntington, MD with quality commercial insurance products. Call or stop by to speak with a friendly, knowledgeable insurance agent and ask the questions that help you make the best decision for your company. Get the peace of mind you need today without wondering if you are fully protected.