SPG Canada Contractors (formerly i3 Underwriting)

Contractors’ Equipment

contractors

Fast, Flexible, and Fully Covered

Comprehensive Contractors Equipment Floater (CEF) coverage for various types of small and large valued equipment

SPG Canada’s Contractors’ Equipment policy provides broad coverage for small contractors with only a few pieces of equipment, to companies that have large equipment schedules across Canada and the United States. We can provide coverage for small and large value items, including mining equipment and cranes. Our wording and extensions will provide peace of mind for insured equipment, while it is in use, in transit, or in storage.

Coverage can be offered for:

Target Classes We Cover:
  • General Construction
  • Road Building and Road Maintenance

  • Excavation and Quarrying

  • Oil and Gas

  • Lease Site Service

  • Well Service

  • Pipeline Construction

  • Heavy Equipment Trucking

  • Above Ground Mining

  • Crane

  • Equipment Sales and Rental Companies

Features: (Subject to limits of liability)
  • Standalone CEF coverage available

  • Broad “All-Risk” coverage

  • Rental Expense Reimbursement

  • Expediting Expense

  • Limited Pollutant Clean-up Expense

  • Arson and Crime Reward Payments

  • Data Restoration Expense

  • Debris Removal Expense

  • Fire Department Services Charge and Extinguishing Expense

  • Loss Adjustment Expense

  • Maintenance Supplies, Spare Parts and Fuel

  • Recharge of Fire Protection Equipment

  • Unintentional Errors and Omissions

Optional Coverage:
  • Replacement Cost valuation (qualifying model years)

  • Rented Equipment from Others

  • Ice and Muskeg

  • Newly Acquired Equipment

  • Crane Weight of Load