Are you a contractor? Do you know a contractor? Then you need to know about a new type of coverage just for contractors.

Many contractor's vehicles are customized with racking, tools, supplies and some times, even an on board generator....essentially, this is a mobile workstation and not just a vehicle. So, what happens when a contractors decked out vehicle is involved in an accident and? A lot including headaches, income loss and miscellaneous extra expenses.

To get the vehicle repaired the contractor might have to unload all the equipment and inventory, maybe even the racking or other customized pieces. Who is responsible for this? The contractor is normally responsible for prepping the vehicle for repairs, and will need to make arrangements to store the aforementioned. The likelihood of being able to rent a temporary vehicle during repairs might be a mute point as it would need to be outfitted properly. If the vehicle is a total loss, searching for a replacement vehicle might cause even more problems and delays. All the while, there are various expenses and income losses accruing. How would you like to have the financial pressure of such a situation lifted off of your shoulders? The coverage is very rare and hard to find.

This sort of coverage also can apply to specialty equipment such as drilling rigs, excavation equipment and lifts. While you might be able to rent one to finish the work, or so that you do not loose the work order, you did not count on the extra expense. With this type of insurance, the burdens of extra expense and income loss can be defrayed to your insurer.

Call your agent today to find out if they can provide you with the coverage you need.