Equipment Dealers in Tracy, CA

Whether it’s Forklifts, Ag Equipment or Construction Equipment, an equipment dealership faces various risks associated with the sale, service, and maintenance of heavy machinery and equipment. Having the right comprehensive insurance coverage is crucial to protecting your dealership from potential financial losses.

Mike with Ise Insurance Services is an expert with decades of experience and expertise in protecting dealerships just like yours. potential financial losses.

Here are some of the most important coverages for an equipment dealership:

Commercial Property Insurance

• Protects the dealership’s physical assets, including buildings, inventory, equipment, and other property, from perils such as fire, theft, vandalism, and natural disasters.

General Liability Insurance

• Covers bodily injury and property damage claims arising from the dealership’s premises or operations. It provides protection against lawsuits and legal expenses.

Product Liability Insurance

• Essential for equipment dealerships, this coverage protects against claims related to injury or damage caused by the equipment or machinery sold or serviced by the dealership.

Commercial Auto Insurance

• Covers liability and physical damage for vehicles used for business purposes, including delivery trucks, service vehicles, and vehicles used for transporting equipment.

Workers’ Compensation Insurance

• Mandatory in many places, workers’ comp provides coverage for medical expenses and lost wages if employees are injured on the job.

Equipment Breakdown Insurance

• Covers the repair or replacement of malfunctioning equipment, including machinery and tools, due to mechanical breakdowns.

Inland Marine Coverage

• Covers the vehicles / equipment that are held for sale or being serviced on your premises and in transit
• Covers damage to customers product while it’s in your care, custody & control.
• Tools: Covers your owned tools and employees’ tools when away from your premises.

Business Interruption Insurance

• Helps cover the loss of income and operating expenses if the dealership is forced to close temporarily due to a covered peril (e.g., fire, natural disaster).

Cyber Liability Insurance

• Protects against financial losses resulting from data breaches or cyberattacks, which are increasingly common in the digital age.

Employment Practices Liability Insurance (EPLI)

• Protects against claims related to employment issues, such as wrongful termination, discrimination, or harassment.

Pollution Liability Insurance

• Covers the costs associated with pollution cleanup and liability resulting from accidental spills or contamination, which may occur when dealing with machinery and equipment.

Commercial Umbrella Insurance

• Provides additional liability coverage beyond the limits of primary liability policies, offering extra protection in case of large lawsuits.

Crime Insurance

• Protects against theft, fraud, or embezzlement by employees or third parties.

Dealership Errors and Omissions (E&O) Insurance

• Covers the dealership against financial losses resulting from mistakes or negligence in selling, servicing, or maintaining equipment.

It’s crucial to work closely with an experienced insurance professional to assess the specific risks of your equipment dealership and tailor an insurance package that meets your unique needs.

Contact Us

Contact the insurance experts at ISE Insurance today to see how we can protect what’s important to you.