Standard Commercial General Liability (CGL) policies exclude coverage for the personal property of others in your care, custody or control. That being said, you may be able to add a Riggers Liability endorsement to your CGL policy. If adding Riggers Liability to CGL coverage, be aware that it may not cover other parties’ property while in transit.
Riggers Liability Insurance
Contractors deal with very expensive equipment in environments that are often full of distractions, hazards, and complications. When that equipment doesn’t even belong to you, an accident can be particularly devastating for both your finances and your future.
Why Choose Access Insurance?
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Protect Your Contracting Business Riggers Liability coverage is a particularly important safety net for contractors who use cranes or other machines for lifting property or installing equipment. Property like air conditioning units, telecom equipment, and generators can be worth hundreds of thousands of dollars, and if it’s your company that has been hired to lift and install them, it’s important to account for the possibility of something going wrong during the process. |
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Stay Informed With Access Insurance Riggers LC overage can be complicated—so it is important to talk to a qualified insurance broker about what specific protections you have and what your best options are. Contact Access Insurance Group Ltd today to learn more about Riggers Liability Insurance and ensure that your company is protected. |
What does Riggers Liability Insurance Cover?
Coverage for Equipment Failure
Coverage can extend to equipment failure, such as the failure of cranes, hoists, slings, or other rigging equipment. This coverage can help protect against liability claims resulting from equipment malfunctions or accidents.-
Coverage for Errors & Omissions
Riggers liability insurance may provide coverage for errors and omissions committed during rigging operations. This can include situations where mistakes are made in the rigging process, resulting in damage or accidents. -
Health Expenses
Many health insurance plans do not cover medical emergencies that happen abroad. Health coverage can help you cover the cost of medical expenses for illnesses or injuries incurred during international travel. -
Additional Coverage Options
Depending on the insurance provider and policy, riggers liability insurance may offer additional coverage options. These can include coverage for equipment breakdowns, installation floaters, transportation of equipment, and endorsements to cover specific risks or projects.
How to Get Riggers Liability Insurance in Canada?
Are you eager to embark on a challenging and inspiring construction project? With Access Insurance, you can confidently enter the construction site, knowing that nothing will hinder your ability to deliver an efficient and successful project. Get ready to turn your ambitious vision into a reality!
Insurance companies assess the risk associated with the rigging operations and the insured’s experience, safety protocols, and track record. Underwriters evaluate factors such as the types of equipment used, safety procedures in place, training and certifications of personnel, and previous claims history when determining coverage and premium rates.
Depending on the jurisdiction or contractual agreements, riggers liability coverage may be a mandatory requirement. Compliance ensures that rigging professionals have the necessary coverage to protect themselves and third parties in case of accidents or property damage.
We determine the specific coverage requirements for your rigging operations, considering factors such as the size of your business, the types of equipment used, the scope of projects undertaken, and any contractual or regulatory requirements.
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We’re here to answer your inquiries about riggers liability insurance and help you get started with finding the best coverage for your project.
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