If you’re looking for Insurance for your equipment rental business, Tomins has you covered.
At Tomins, we design mindful insurance for a modern world.
Our 24/7 online portal makes sure you have important policy documents at your fingertips as soon as you need them—allowing you to focus on what really matters–your Equipment Rental business.
As a bonus, insurance from Tomins is powered by Higginbotham and backed by a team of business insurance experts.
You deserve an insurance partner that works as hard as you do—get your free online Equipment Rental Insurance quote today.
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Equipment rental insurance is an incredibly important part of succeeding in today’s fast-paced business environment.
Considering the many liabilities involved with renting heavy equipment to contractors, operating without Insurance is nothing short of a recipe for disaster.
At Tomins, our deep understanding of the distinctive needs of an Equipment Rental business helps us package the perfect insurance policy for your unique business. Rather than apply a blanket one-size-fits-all approach, Tomins designs custom coverage packages for each business we work with.
Our coverage offerings include, but are not limited to:
Considering the huge cash value of the average Equipment Rental Business’ fleet, a Commercial Insurance Package is very important to carry.
Much like a homeowner’s policy helps protect the home and assets of the owner of a house, a Business Owners Policy helps insure a business owner’s buildings, property, and business assets.
An Equipment Rental Business Package usually packages three basic coverages:
Commercial Property Insurance
Commercial Property Insurance helps cover the cost of replacing an Equipment Rental Business’ property, office, and equipment.
General Liability Insurance
General Liability insurance is important for any type of small business, especially Equipment Rental businesses. This insurance is designed to protect a business against financial damages from lawsuits.
Equipment Rental Business Income Insurance
When this coverage is added to a Commerical Property Policy, it can protect against loss of income during an interruption of business operations. It can also help with the costs of relocating and operating out of a temporary location during the recovery phase.
Depending on the specifics of your Equipment Rental business, it might be smart to at some additional insurance coverages.
While this list is far from exhaustive, a few good options include:
Employment Practices Liability (EPLI)
EPLI can help protect an Equipment Rental Business against damages incidental to improper termination or hiring, sexual harassment and workplace discrimination.
Workers Compensation Coverage
Workers Comp can protect against costs related to workplace injuries. Workers comp can also help with the costs of wage replacement, medical bills, and other expenses related to an injured employee.
This is extra coverage to protect an Equipment Rental Business in excess of the claim limits of their primary insurance policy.
Insurance is an essential part of doing business as an Equipment Rental Insurance.
Because each situation is different, there is no one-size-fits-all approach to quoting price. That said, no matter what the size and scope of your specific operation, Tomins has you covered.
Get your free Equipment Rental Insurance quote today.
At Tomins, we are in the business of making insurance for Equipment Rental Businesses simple.
If you need Equipment Rental Insurance today, head to our free online quote page.
To make sure Tomins can provide the best quote possible, try to have the following information available before you start:
Taking the time to make sure everything is up-to-date and accurate is the best way to insure we can provide the best quote possible for your business.
Tomins—mindful insurance today, successful equipment rental business tomorrow.