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Building projects demand more than just materials and manpower—they rely heavily on equipment to get the job done right. From heavy machinery like cranes and excavators to smaller tools like drills and compressors, equipment rentals are a vital part of construction, landscaping, and even event planning. These valuable assets also come with unique insurance challenges. American Lumber Underwriters offers a specialized Equipment Rental insurance program designed to help independent agents place business for clients who rent out tools, equipment, and party supplies. Backed by an "A" rated carrier, our program addresses the coverage gaps and complexities that traditional markets often struggle to insure—such as lifts, inflatables, and conversion exposures. Ideal Accounts and Appetite This program is designed for rental companies serving both homeowners and contractors. Eligible classes include: Tool and equipment rental businesses Party supply rental companies Rental operations with inflatables, lifts, or heavy machinery Hardware and building material dealers with rental exposures You might have a client who rents pipe handlers and generators to contractors or one who provides party tents and bounce houses for local events—both are strong fits for our program. Coverage Highlights and Advantages Our Equipment Rental program offers broad protection and unique benefits tailored to this niche: Property & Inland Marine – Covers owned and rented equipment, including replacement cost options General Liability – Protects against injuries or damages during use Commercial Auto – For delivery and transportation of rental items Workers Compensation – Covers employee injuries on the job Umbrella Coverage – Adds an extra layer of protection for high-exposure operations Program features include: Coverage for lifts and inflatables Conversion and theft by customer risks considered GPS/NER deductible benefits Direct billing option with 10 equal payments Underwriting Notes and Minimum Premiums To ensure a smooth and fast quote turnaround, please submit: Completed ACORD applications 5 years of currently valued loss runs Details on any large losses Supplemental questionnaire The minimum premium for this program starts at $10,000. We welcome submissions for accounts that meet this threshold and offer competitive terms for well-managed risks. Territories and Availability This program is available to agents and brokers in all U.S. states, including DC. Whether your client is in California, Texas, New York, or anywhere in between, we can help you find the right coverage solution. Why Work With American Lumber Underwriters? As a dedicated Program Administrator, American Lumber Underwriters understands the unique challenges faced by rental companies. Our experience in the lumber and equipment sectors, combined with access to an "A" rated carrier, allows us to offer tailored solutions that many standard markets cannot. We work closely with independent agents to deliver underwriting expertise, responsive service, and customized coverage for this specialized niche. To learn more about how we can help you place your equipment rental accounts, visit our company profile or explore the full program details on our storefront. Frequently Asked Questions What types of accounts are a good fit for this Equipment Rental program?Ideal accounts include tool and equipment rental companies, party rental businesses, and hardware stores with rental operations. We also consider risks involving lifts, inflatables, and heavy machinery. Can the program cover theft or conversion by customers?Yes, our program includes options to address conversion and theft by customer exposures, which many standard markets exclude. Is coverage available nationwide?Yes, this program is available in all 50 states and Washington DC. What is the minimum premium for this program?The minimum premium starts at $10,000, with competitive pricing available for well-qualified accounts. What is needed for a submission?We require ACORD applications, 5 years of loss runs, details on large losses, and a completed supplemental questionnaire. Need help placing an account? Connect with a market specialist.