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Theft and vandalism of contractors equipment not only hurts the project at hand with costly delays, but can also impact your revenue and profits going forward.
Equipment can be stolen or damaged as a crime of opportunity by an individual who stumbles upon an unattended machine, or a group of organized thieves that targets job sites.
Either way, not being able to complete a project on time because of damaged or stolen property is bad for business.
Contractors equipment insurance provides coverage for construction machinery, equipment and tools of a mobile nature used in contracting, installation, erection and repair, or moving operations or projects, such as: