Tools & Equipment Coverage for dampproofing contractors

Yes — tools and equipment coverage extends to equipment staged at job sites, not just to your shop or vehicles. Theft from an unattended job site is one of the most common claims we see for waterproofing contractors.

We schedule equipment at replacement cost so a stolen or damaged spray rig is paid based on what it costs to replace it — not its depreciated value. Proper scheduling up front is what ensures a claim pays what the equipment is actually worth.

Tools and equipment coverage covers damage from external causes — theft, accident, vandalism. Mechanical breakdown of a spray rig or injection pump is covered under equipment breakdown coverage, which can be added to the program.

They're closely related. Tools and equipment is typically a standalone policy for smaller operations; inland marine is a broader category that covers the same items but can also extend to materials in transit, equipment at multiple sites, and large-scale floaters for commercial operations. We select the right form for your operation size.

Cost is driven by annual revenue, crew size, type of waterproofing work, chemical products used, equipment value, and loss history. We quote your actual operation in about 15 minutes — never a ballpark from a generic contractor form.

Yes. Contractors Choice Agency is licensed in all 50 states and writes dampproofing and waterproofing contractor programs nationwide — Texas, Southeast, Midwest, Northeast, California, Mountain States, Mid-Atlantic, and Pacific Northwest.

Typically 15 minutes on a call. Larger or higher-risk operations may take a day to place with the right markets, but we move fast and set expectations up front.

Often yes. We have admitted and E&S markets for waterproofing contractors declined over chemical product use, pollution claims, confined space operations, or other issues. Bring us your situation and we'll find a market.

Usually yes. A coordinated program closes gaps between policies and is typically cheaper than separate policies from separate carriers — and far easier to manage at claim time.

A.M. Best ratings reflect a carrier's financial strength and ability to pay claims. We place coverage with A-rated carriers so the coverage is there when a chemical exposure claim, a completed-operations lawsuit, or an excavation injury hits.

Yes. Crawl space encapsulation specialists are among the most active dampproofing contractor clients we serve. We place GL, contractor pollution liability, workers' comp with confined space exposure, and tools and equipment coverage for crawl space and vapor barrier contractors.

Completed-operations coverage in your GL policy responds when a customer makes a claim after the job is done — typically water intrusion, mold, or structural damage attributed to a failed waterproofing system. We ensure your policy has adequate completed-operations limits and confirm the policy doesn't exclude waterproofing work specifically.

Type of waterproofing work (exterior, interior, crawl space, commercial), annual revenue, crew size, equipment and tool values, chemical products used, current coverage, and loss history. The more detail, the more accurate the quote.

It can, with the right endorsements. If you use subcontractors, we ensure your GL policy properly addresses subcontractor liability and that your pollution coverage extends to subcontractor work where needed.

Seasonal dampproofing operations — common in colder climates where exterior work slows in winter — have different payroll patterns and equipment storage exposures. We structure the workers' comp and property coverage to reflect how your crew actually works across the year.

That's a completed-operations claim. Your GL policy's products-completed operations coverage should respond — covering defense costs, investigation, and any judgment or settlement. We make sure your policy has the limits and language to handle these claims, which can be significant when mold remediation and structural repair are involved.

Yes. If you run multiple crews across several active sites, we build one coordinated program covering your operations with inland marine for equipment in transit and GL covering work at all locations.

Yes. If you take on commercial building waterproofing, below-grade parking structure dampproofing, or large-scale drainage system installation, we add the commercial GL limits, bonds, and contractor pollution liability required for larger project contracts.