What It Covers

Installation policies insure building materials and components, machinery, and specialized equipment while being installed in a building or structure, or erected or fabricated at a specific location. Typical types of covered property under an Installation policy include: heating, ventilating, air conditioning and electrical systems and wallboard, tile, carpeting and other interior finish material. Installation policies can also cover more specialized installations such as wastewater treatment facilities and controls; pipelines, electrical, telephone and cable television lines; and radio and cellular telephone towers.

Installation coverage is typically effective from the time the customer's financial interest in the property begins until the customer's interest ceases, including while the property is in transit, at temporary storage locations or while stored at the job site.

Who Needs It

The vast majority of Installation policies are written for subcontractors (trade subcontractors in particular). Any business entity having a financial interest in property being installed, erected or fabricated may have a need for Installation coverage. Typical policyholders include:

• Specialty Contractors
• Government Authorities and Municipalities
• Utilities (Water, Gas, Telephone, Electrical)
• Manufacturers, as well as Wholesalers and Retailers of machinery, equipment and materials who also install what they sell