Overview — Inland Marine for Construction from OnPoint Underwriting
OnPoint Underwriting offers a specialty Inland Marine program tailored to logging, construction and crane/rigging operations. Designed for independent agents and brokers, this program provides flexible equipment and transit protection for contractors, timber operators and crane firms. As a program administrator with access to various carriers, OnPoint can place both routine and specialty Inland Marine risks with underwriting that understands heavy equipment exposures and mobile operations.
Ideal accounts and target classes
This program is a fit for insureds that rely on mobile or high-value equipment, including:
- Logging & lumbering operations, wood yards and sawmills
- Land clearing and chipping operations
- Crane rental companies, rigging and hoist operations
- Steel erection and heavy construction contractors
- Owners/operators that move equipment between sites or use rented/leased equipment
Coverage highlights and advantages
OnPoint’s Inland Marine for Construction program provides broad, modular coverage built for equipment exposures. Highlights include:
- Contractor’s Equipment / Scheduled Equipment coverage for owned mobile machinery
- Optional endorsements for Rented/Leased Equipment “From Others” and “To Others”
- Coverage for Tools & Miscellaneous Equipment, Trailer & Spare Parts
- Transit and Temporary Storage coverage, including Waterborne options
- Rental Reimbursement and Contractor’s Equipment Income coverage
- Replacement Cost and increased limits for Newly Acquired Equipment
- Riggers Liability and targeted endorsements such as Overload and Boom Collapse
- Automatic enhancements for crane submissions (crane attachments, misc tools, rental reimbursement, increased newly acquired limits)
Underwriting notes and minimums
Typical submissions should include a schedule of equipment with values, description of operations (including any rental or contract lifting work), loss runs and radius of operations. OnPoint works with agents to place accounts with flexible limits and endorsements suitable for mobile heavy equipment risks. Minimum premium: $500.
Territories and admitted status
Available in the following states and territories: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY.
Why place Inland Marine for Construction with OnPoint Underwriting
- Program administrator with niche expertise in logging, crane and construction equipment risks.
- Access to various carrier appetite options to fit both routine and specialty risks.
- Flexible endorsements to address rented equipment, transit, storage and crane-specific perils.
- Responsive underwriting focused on equipment schedules, values and operational exposures.
Example accounts you might place
- A regional crane rental company with a mixed fleet of mobile cranes and attachments that needs rental reimbursement, newly acquired limits and overload/boom collapse endorsement.
- A timber hauler and land-clearing contractor that requires scheduled equipment coverage, transit protection and optional waterborne coverage for log barge operations.
Typical Classes:
Logging & Lumbering
Wood Yard & Sawmill
Land Clearing
Chipping Operations
Enhancement Coverages Automatically Provided (Crane Program):
Crane Attachments
Miscellaneous Tools
Rental Reimbursement
Increased Newly Acquired Limit
For more information on the Inland Marine Insurance for Construction Program, please contact Jeff Vaughn @ (678) 651-2205 or [email protected]. Feel free to visit our website at www.onpointunderwriting.com .
Frequently Asked Questions
What types of accounts are a good fit for this Inland Marine program?
Accounts that rely on mobile, high-value equipment and need transit, temporary storage or rented equipment protection are ideal — logging firms, land-clearing contractors, crane rental and rigging operations, and steel erectors.
What submission information does OnPoint typically require?
Provide an equipment schedule with values, business operations summary, radius of operations, experience/years in business and current loss runs. Details on rented equipment usage and any waterborne movements help underwriters evaluate endorsements.
Are overload/boom collapse and riggers liability available for crane risks?
Yes. Overload/boom collapse endorsements and riggers liability can be offered as part of the crane program, subject to underwriting. Disclose lifting operations, load types and competency controls in the submission.
Where is this program available and are there minimum premiums?
The program is available in the states listed above. The typical minimum premium is $500; final premium depends on values, exposures and selected endorsements.
Can OnPoint handle accounts with rented or leased equipment?
Yes. Endorsements are available for Rented/Leased Equipment “From Others” and “To Others,” and the program can be structured to include rental reimbursement and contractor’s equipment income coverage where appropriate.
Need help placing an account? Connect with a market specialist.