Equipment Rental Companies

Accounts Receivable
Boiler & Machinery Coverage
Buildings (Real Property)
Business Interruption
Business Personal Property Owned By You (Contents)
Business Personal Property Owned By Others (Contents) for which you may be legally liable
Earthquake
Electronic Data Processing Equipment
Equipment (Owned and/or Rented Equipment)
Extra Expense
Flood
Improvements & Betterments
Leasehold Interest
Loss of Utilities
Ocean Cargo
Off Premises Power Failure
Ordinance or Law
Plate Glass
Signs, Canopies & Awnings
Valuable Papers

Premises and Operations
Products and Completed Operations
Personal and Advertising Injury
Damage to Rented Premises
Employee Benefits Liability
Contractual Liability

Non-Owned & Hired Automobile coverage including:

• Non-Owned & Hired Automobile Liability
• Hired Automobile Physical Damage

Owned Automobile coverage including:

• Business Automobile Liability
• Statutory Personal Injury Protection
• Additional Personal Injury Protection
• Uninsured Motorist
• Underinsured Motorist
• Comprehensive
• Collision
• Rental Reimbursement
• Towing & Labor
• Drive Other Car Coverage (DOC)

Workers Compensation & Employers Liability
U.S. Longshoremen & Harbor Workers Act
Jones Act
Voluntary Compensation
Statutory Disability Benefit Income Coverage (Mandatory in NY, CA, NJ, RI, HI & Puerto Rico)

Employee Dishonesty including:

• Blanket coverage for all employees
• Blanket coverage for a specific class of employee (Ex: Accounting Personnel)
• ERISA compliance for pension plans

Monies & Securities
Forgery & Alteration
Robbery & Safe Burglary
Computer Fraud
Extortion
Depositor's Forgery
Social Engineering

Directors & Officers Liability
Employment Practices Liability
Errors & Omissions Liability
Fiduciary Liability
Intellectual Property
Non-Owned Aviation Liability
Non-Owned & Hired Watercraft Liability
Railroad Protective Liability
Umbrella Liability
Foreign Commercial General Liability
Foreign Non-Owned & Hired Automobile Liability
Foreign Hired Automobile Physical Damage
Foreign Business Automobile Liability
Pollution Liability
Product Recall Liability

Contractual Hold Harmless Agreements
Foreign Workers Compensation
Guild Travel Accident Requirements
Patent Infringement Benefits
Political Risk & Confiscation
Cyber Liability
Network Security and Privacy Coverage
Kidnap and Ransom

Property coverage is generally written with a flat deductible amount. As a general rule, as you increase the deductible amount, the property coverage premium will reduce. In other words, the property premium for Building coverage with a $10,000 Deductible will cost less than the same coverage written with a $1,000 Deductible.

Some coverages, such as Business Interruption and Extra Expense, may be written with a waiting period stated in hours rather than as a dollar amount. Generally, a longer the waiting period is less costly than a shorter period. Therefore, if your business were to sustain a covered loss that resulted in lost income, a policy written without a waiting period would respond immediately whereas a policy written with a 72 hour waiting period would not respond for three days from the time the claim occurred. In essence, your deductible would be the amount of income lost during the waiting period.

This option is utilized by the insurance company to determine the amount of money you would collect in the event of a loss.

1. Replacement Cost
2. Actual Cash Value (Depreciated Amount)
3. Legal Liability
4. Selling Price (on Sold Merchandise)

Basic Form —Is a "Named Perils" coverage form that enumerates each of the perils that coverage is provided for. For example: fire, windstorm, hail, smoke, explosion, etc. This coverage form provides the least amount of protection for your property and it is generally the least costly of the available forms.

Broad Form —Is a "Named Perils" coverage form that enumerates each of the perils that coverage is provided for. This form generally provides coverage for all of the perils that are covered under the Basic Form plus glass breakage, falling objects, weight of snow, ice or sleet and specific types of water damage claims.

Special Form or All Risk Form —Covers all direct physical damage to property unless excluded. This form provides you with the broadest amount of coverage currently available.

The two biggest differences between the "Named Perils Form" and the "Special Form" or "All Risk
Form" are as follows:

1. Theft coverage is included in the "Special Form" and "All Risk Form"
2. The burden of proof to show where coverage exists is on the insured with the "Named
   Perils Form." The burden of proof to show where coverage is excluded is on the insurance
   carrier with the "Special Form" or "All Risk Form."

PLEASE NOTE THE "SPECIAL FORM"/ "ALL RISK FORM" CONTAINS NUMEROUS EXCLUSIONS such as flood, earthquake, political risk & confiscation, boiler and machinery explosions or defects, war, extreme temperature changes, insects and vermin just to name a few.

Where your Property is covered:

1. United States only.
2. United States and Canada only.
3. United States its possessions and territories and Canada only.
4. Worldwide.
5. Worldwide excluding listed countries.

Policy exclusions which you may wish to avoid:

1. Theft from unattended vehicles.
2. Damage to property stored in the open caused by rain, hail, sleet, or snow while at a location not under your control.
3. Theft of equipment by the person to whom you rented the equipment.
4. Loss resulting from riot and civil commotion.
5. Terrorism

Coverage terms and conditions that we recommend:

1. Transit coverage.
2. Unnamed Locations coverage.
3. Insure generators mounted on motor vehicles as personal property rather than as part of the vehicle.

Our experience proves that all of these are important and not readily available from agents or brokers not accustomed to handling your unique insurance needs.

The preceding is a general summary of the insurance coverages that you should consider. It is interpretive only and is not intended to replace or supersede any of the terms and/or conditions of the policies comprising the insurance program. In case of specific interpretation of coverages, you need to refer to the actual policies. Please contact us for a copy of the policy.