Hidden Exposures
The value of a machine is only part of the exposure.
Contractors rely on equipment to keep projects moving – so a theft or major loss can quickly create ripple effects beyond the damaged or missing asset itself, including: downtime, emergency rentals, scheduling delays, and added project costs.
From an underwriting perspective, understanding what equipment is being insured, where it is stored, and how it is protected helps create a much clearer picture of the risk.
Helpful details to include:
• Current equipment schedule and values
• Owned, leased, rented, or borrowed equipment
• Overnight storage locations
• Fencing, lighting, alarms, or other security controls
• GPS or telematics systems
• Prior theft or equipment loss history
Clear information upfront helps underwriters understand both the assets at risk and the controls protecting them.
Looking for a better sense of where Huddle can help?
We’d love to start a conversation with you.
Please feel free to call us directly: 905-595-8551
Or, email: submissions@huddleuw.com