Overview of the Program from Allstar Financial Group
Allstar Financial Group offers an Inland Marine Equipment Schedules program designed for agents and brokers who need flexible, schedule-based protection for contractors’ equipment and related mobile assets. As an MGA, Allstar provides access to multiple A-rated carriers in both admitted and non-admitted markets, streamlined quoting, and underwriting tailored to equipment owners, dealers, and forestry operations.
Ideal Accounts and Appetite
- Contractors' equipment owners (excavators, loaders, backhoes, skid steers)
- Equipment dealers and rental yards who need scheduled coverage for inventory and customer exposure
- Logging, lumbering, and forestry services with mobile logging equipment and attachments
- Public entities (city/county) and contractors where values are scheduled and MP thresholds are acceptable
Accounts with clearly documented schedules, serial numbers, and routine maintenance records are attractive. Accounts with unusual pollution exposures, high-value specialty equipment without serial identification, or long-term unreported hired/equipment out arrangements may require additional underwriting review.
Coverage Highlights and Advantages
- All-risk coverage on scheduled items (subject to policy terms)
- Extensions including debris removal, miscellaneous tools, spare parts and fuel, and pollutant clean up and removal
- Rental reimbursement and coverage for miscellaneous tools included as options
- Optional deductible structures to fit client budgets
- Unlimited schedules/values—suitable for portfolios of many scheduled units
- Placement access to both admitted and non-admitted markets with A-rated carriers
- Competitive commissions and quick quote turnaround to help you close business faster
Underwriting Notes and Minimum Premiums
Underwriting is schedule-driven. Provide an accurate listing of equipment (make, model, year, serial numbers when available) and current values to expedite quoting. Minimum premiums vary by carrier and state; Allstar can place accounts with varying minimums, and municipal or county governmental entities have been accepted with minimums (MP) as low as $2,500 in certain cases. Because carriers and appetite differ, Allstar reviews accounts quickly and will advise on the best market placement.
Territories and Availability
This program is available in: AL, AR, FL, GA, LA, MS, NC, SC, TN, and VA. Availability and terms may vary by state and by carrier (admitted vs. non-admitted). Please confirm the insured’s state of operation when submitting.
Why Work With Allstar Financial Group on Inland Marine Equipment Schedules
- MGA access to multiple A-rated carriers—gives you options for pricing and form selection.
- Experienced underwriting team focused on equipment schedules and inland marine exposures.
- Quick quoting and turnaround to help you meet client deadlines.
- Dedicated claims service with carriers experienced in equipment losses and timely adjustment.
- Flexible scheduling for large fleets or single high-value items.
Example Account Scenarios
You might have a mid-sized excavation contractor with a mixed fleet of owned and rented equipment requiring scheduled limits and rental reimbursement while units are out for service. Or an equipment dealer who needs scheduled inland marine coverage on customer consignment units and spare parts in inventory—this program handles both with tailored schedules and optional extensions.
Frequently Asked Questions
What types of accounts are a good fit for this Inland Marine Equipment Schedules program?
Scheduled contractor equipment, equipment dealers, logging and forestry operations, and public entities in the listed states are ideal—especially when you can provide detailed schedules and values.
Do you place admitted and non-admitted business?
Yes. Allstar places business in both admitted and non-admitted markets using multiple A-rated carriers. Availability depends on the state and the specific account details.
What information is required for a quick quote?
Provide a schedule with make/model/year, serial numbers (if available), insured value per item, location, and a brief description of how the equipment is used and stored. Photos and maintenance records help on higher-value units.
Are municipal and county government entities acceptable?
Yes. City and county governmental entities are acceptable in many cases; some markets will consider municipal accounts with minimum premiums as low as $2,500 depending on exposure and state.
How are deductibles and coverage extensions handled?
Optional deductible levels are available to fit client budgets. Common extensions—debris removal, spare parts and fuel, miscellaneous tools, rental reimbursement, and pollutant cleanup—can be added based on the carrier and underwriting review.
Need help placing an account? Connect with a market specialist.