Rental Equipment & Party Goods | Ascinsure
For over 30 years, Ascinsure Specialty Risk has specialized in Rental Equipment Insurance, developing deep expertise in the unique exposures faced by rental businesses. As a wholesale broker with a national footprint, Ascinsure speaks the language of your clients—whether they rent construction equipment, boom lifts, scissor lifts, inflatables, tents, or party goods. This focused knowledge translates into tailored insurance solutions that protect your insureds and support your success as an agent or broker.
Target Accounts and Program Appetite
The Rental Equipment and Party Goods Insurance Program is designed for a wide range of rental operations, including:
- Construction equipment rental companies
- General tool and equipment rental dealers
- Party and event rental providers (e.g., tents, tables, inflatables)
- Contractor and homeowner rental operations
This program is ideal for agents placing accounts that need comprehensive coverage for both liability and physical assets. Whether your client rents tents for weddings or tools for home renovations, Ascinsure is equipped to handle the underwriting complexities of these varied businesses.
Coverage Highlights and Program Advantages
Ascinsure offers a broad suite of coverages to meet the needs of rental operations:
- General Liability – Protection against third-party injuries or property damage.
- Property and Equipment Coverage – For owned and rented equipment, including high-value or mobile units.
- Auto Liability and Physical Damage – Coverage for fleets used in delivery or transport of rental goods.
- Excess/Umbrella Liability – Additional limits to help meet contractual or operational requirements.
- Optional Coverages – Tailored options are available upon request to fit unique exposures. Contact Ascinsure directly for details.
Backed by various carriers and supported by a dedicated team, Ascinsure offers uncommon insights into liability exposures that impact your client’s margins. Their responsive service model ensures you receive the underwriting support you need—fast.
Underwriting Notes
Ascinsure welcomes submissions from experienced agents and brokers. While specific minimum premiums may vary based on account size and risk characteristics, the program is structured to provide competitive solutions for small to mid-sized rental businesses across a wide variety of equipment classes.
Territories and Admitted Status
This program is available in most states, including but not limited to CA, TX, FL, NY, IL, and PA. Ascinsure works with various carriers to offer admitted solutions in most available states, ensuring compliance and flexibility for your clients’ needs. To confirm availability in your state, contact Ascinsure directly.
Why Work With Ascinsure?
Ascinsure is not just another wholesaler—they are a specialty-focused partner who understands the rental industry from the ground up. With hundreds of insureds across the country and a team seasoned in the nuances of rental risk, you can trust Ascinsure to help you place even the most complex accounts. Their combination of market access, responsive service, and industry expertise makes them a top choice for agents and brokers seeking dependable coverage solutions in the rental space.
Frequently Asked Questions
What types of accounts are a good fit for this program?
Ideal accounts include rental companies that offer construction tools, party supplies, tents, inflatables, or general equipment to contractors, homeowners, or event planners.
Is the program available in all states?
The program is available in most U.S. states. Contact Ascinsure to confirm availability in your specific state.
Can this program cover both liability and equipment damage?
Yes, the program offers General Liability, Property and Equipment coverage, Auto Liability, and Excess/Umbrella Liability, among other optional coverages.
Who underwrites the policies offered in this program?
Ascinsure works with various carriers to provide tailored solutions, including admitted options in most states.
How do I submit a risk or get a quote?
You can start by reaching out to Ascinsure directly. Send inquiries to the provided contact email or visit their company profile for more information.
Need help placing an account? Connect with a market specialist.