For all of the companies that either have equipment floater coverage or are considering equipment floater coverage, please review your policy closely. Sometimes insurance companies will EXCLUDE theft from their policies. For most of you, stolen equipment is your biggest exposure, so make sure you are covered for theft.

If you do have a policy covering theft, make sure you review it for a “Disappearance” exclusion and read carefully how they define this exclusion. Certain circumstances could classify stolen equipment under the “Disappearance” exclusion.

Make sure you always analyze your policies closely and examine the exclusions. If you ever have any questions about your policy, please do not hesitate to ask us to review it with you.

Just a friendly reminder from your neighborhood insurance agent.

The Agent Articles section of BearWiseLandscapers.com allows our insurance agents to provide practical information for landscapers. These agents can also obtain quotes and establish a custom insurance program for your landscaping business through our access to a variety of insurance carriers. This agent article is filed under 3 Equipment Floater, and you can follow comments to it through the RSS 2.0 feed. Feel free to leave your own response below: