Argo Marine’s Contractors Equipment Express is a fast, streamlined rate, quote, bind and issue platform for small to medium risks. The solution offers competitive rates – providing an instant quote without requiring a schedule of equipment – and creates a bindable policy within minutes.

Contractors Equipment Express

Argo Marine’s Contractors Equipment Express is a fast, streamlined rate, quote, bind and issue platform for small to medium risks. The solution offers competitive rates – providing an instant quote without requiring a schedule of equipment – and creates a bindable policy within minutes.

Coverage Highlights

  • Examples of coverage extensions for debit/credit
    include, but are not limited to:

    • Trailers and spare parts
    • Miscellaneous tools
    • Waterborne equipment
    • Continual rental or lease
    • Equipment leased/rented or borrowed from others
    • Equipment leased or rented to others
    • Employee tools
  • Valuation: replacement cost for equipment five model
    years or newer, otherwise actual cash value (ACV)

Appetite & Availability

  • Admitted product available in all states
  • Scheduled coverage form
    • TIV limit up to $10 million (any one item, $1 million)
    • Inclusive of higher-hazard equipment
    • Three customizable tiers with optional endorsements
    • Minimum premium is $2,500

Targeted Risks

A broad range of specialty trade and service contractorʼs equipment

Excluded Risks

  • Logging operations or equipment
  • Recycling operations or equipment (grinders)
  • Oil and gas drilling operations or drilling rigs
  • Underground mining operations or directional drills

Additional Information

The platform offers:

  • Instant referral triage to regional underwriter (within 24 hours)
  • Up to 20% commission
  • Dynamic pricing indication
  • Instant quote letter, bind, issuance and form specimens
  • Easy single sign-on
  • Policy term flexibility
  • Instant clearance
  • No need to input individual equipment values; simply provide the TIV and subtotals for cranes and batch plants

How to access the platform:

  • To sign up: Go to portal.argogroup.com/auth/signup
  • To quote, provide the following information:
    • Insured name and address
    • Class code
    • Total equipment value
    • Number of years in business
    • Loss runs
    • Primary permanent yard information

Resources

Contact

For more information about Contractors Equipment Express, please contact:

Support

Email Support
How to Report a Claim

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