Equipment Sales and Rental

The intent of the Equipment Sales and Rental form is to provide coverage for equipment that is for sale or lease/rental by equipment dealers.

We provide coverage for equipment and other related property while at a described premises and for off-site exposures.

Blanket Coverage

We offer blanket coverage, as well as coverage options for rental income, with multiple location options available. Additionally, with Berkley Fire & Marine, you can cover sales and leasing fleets under a single form, with multiple valuations available. Fraud and deceit coverage (voluntary parting) is also available.

Property Covered

• Equipment inside and outside
• Equipment intended for sale
• Equipment you lease or rent to others
• Equipment of others you are repairing or servicing
• Accessories, fluid and lubrication supplies, and tires

Valuation 

• Actual cash value or replacement cost

Supplemental Coverages

• Equipment Exhibition: $100,000
• Equipment Sent Off-Premises for Repairs: $100,000
• Newly Acquired Premises: $100,000
• Off Premises Trial Period: $100,000
• Pollutant Cleanup and Removal: $25,000
• Sewer Backup: $5,000
• Transit: $100,000