Aceofspades
Well-Known Member
I'm just getting started, I have a job I need to rent an excavator for, so it's time to get business insurance.
The rental agreement stipulates as follows:
• GeneralLiability:$1,000,000/occurrence,$2,000,000/aggregate.
• AutomobileLiability:$1,000,000 (only required for certain street-legal vehicle types).
• Equipment Floater: The limit must be at least $250,000 to replace any equipmentleased or rented at
manufacturer’s suggested retail price with blanket coverage.An authorized Mashburn Equipment manager is
required toapprove alloverrides to this requirement.
Any advice for where to look for this coverage as a new business? I incorporated less than a year ago. I'm in Georgia if that matters. Any advice would be appreciated. Thanks! (eta: I don't think the auto liability will apply to an excavator rental)
The rental agreement stipulates as follows:
• GeneralLiability:$1,000,000/occurrence,$2,000,000/aggregate.
• AutomobileLiability:$1,000,000 (only required for certain street-legal vehicle types).
• Equipment Floater: The limit must be at least $250,000 to replace any equipmentleased or rented at
manufacturer’s suggested retail price with blanket coverage.An authorized Mashburn Equipment manager is
required toapprove alloverrides to this requirement.
Any advice for where to look for this coverage as a new business? I incorporated less than a year ago. I'm in Georgia if that matters. Any advice would be appreciated. Thanks! (eta: I don't think the auto liability will apply to an excavator rental)