Introducing Travelers Contractors Equipment Insurance
Fast, Easy, Flexible
Now you can quote and issue contractors equipment coverage directly through our industry-leading Travis® platform. For qualifying risks, you’ll have full control – from quoting to issuing a policy – in 3 minutes, using 3 screens.
Travelers’ new Contractors Equipment Insurance product combines the self-service speed of Travis with equipment values up to $5 million, giving you a faster path to protecting your clients’ equipment, machinery and tools.
Designed for customers who need equipment coverage with the ability to customize their protection, this product lets you serve more clients, faster.
Who this product is for
This product is designed for small to midsized customers with equipment values up to $5 million. Ideal customers include general contractors, landscaping and grounds maintenance, excavation, highway and street construction, HVAC, plumbing, electrical contractors and more.
Availability
Launch Date: May 18, 2026
Available States:
| Indiana | Minnesota | New York | Rhode Island |
| Maine | New Hampshire | Ohio | South Dakota |
| Michigan | New Jersey | Pennsylvania | Vermont |
Additional states to be announced upon availability.
What’s covered
Travelers Contractors Equipment Insurance protects your customers’ equipment, machinery and tools against a wide range of perils, including theft, vandalism, fire, accidents and natural disasters. Core coverage options include scheduled and unscheduled equipment and equipment leased or rented from or to others.
Base policy coverages
The policy includes nine coverage extensions and additional coverages as standard:
- Debris removal
- Document and data restoration costs
- Fire or police department service charge
- Fire protective systems
- Newly acquired equipment covered for up to 180 days
- Pollutant cleanup and removal
- Preservation of property
- Rental costs
- Reward coverage
Customizable enhancements
Flexible packages allow you to tailor coverage to each customer’s specific needs:
- Business personal property in job trailers
- Employee tools
- Hauling property of others
- And much more
As your customer’s business evolves, coverage can grow with it – making this an ideal entry point for building long-term relationships.
The Travis advantage
Travis is an ideal quoting platform for writing contractors equipment quickly.
- Quote and issue in as little as 3 minutes, using only 3 screens.
- Streamlined workflow and automated prefills.
- Real-time coverage recommendations guide with customized options.
- Intuitive business classification.
- Most risks can be quoted and issued directly without underwriter involvement.
Premium discounts
Help your customers save with these direct bill incentives:
| Discount option | Savings |
| Pay in full | Up to 5% |
| Auto-recurring payments | Up to 5% |
| Both options combined | Up to 10% |
*Discounts may vary by state and individual risk characteristics. Discounts are subject to eligibility, availability, do not apply to all coverages, and are not guaranteed.
More information
Questions? Contact your Travelers representative for underwriting guidance, appetite questions or complex risk scenarios.
Resources: Download the Travelers Contractors Equipment brochure and coverage summaryto learn more.
Top three reasons your customers need contractors equipment insurance
When presenting this product to customers, emphasize these key benefits:
Prevents costly downtime. Equipment breakdowns or theft can halt projects for days or weeks. This coverage gets contractors back to work faster.
Meets contract requirements. Many general contractors and project owners require subcontractors to carry equipment coverage. This policy provides the proof needed to win bids.
Protects cash flow. Contractors invest heavily in equipment. Insurance helps prevent self-funding major losses or depleting working capital.