What can an individual use to insure mobile equipment and construction machinery on a job site?

A Contractors equipment floater is specifically designed to cover mobile equipment and construction machinery that are often used on job sites. This type of insurance provides protection against various risks, including theft, damage, or loss of the equipment while it is in use or in transit to a job site. It recognizes the unique nature of construction equipment, which can frequently be moved from one location to another and can be subject to different types of risk compared to standard property or general liability.

General liability policies typically cover bodily injury and property damage claims that arise from business operations, but they do not cover specific equipment losses. Property damage insurance usually pertains to damages to property owned or used by the policyholder rather than mobile equipment. Builder's risk insurance is focused on insuring buildings under construction and does not provide coverage for the specific construction machinery and mobile equipment. Therefore, the Contractors equipment floater is the most appropriate option for insuring such equipment on a job site.