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