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About AXA XL
About AXA XL
About AXA XL
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Contractor's Equipment Insurance

Inland Marine

AXA XL offers Contractor’s Equipment coverage for a wide variety of operations that own equipment used in construction and related industries.

Thought Leadership

Explore our thought leadership content.

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Coverage

We provide 33 additional coverages for the following (flexible sublimits apply in most instances):

  • Accounts Receivable
  • Borrowed, Leased or Rented Equipment from Others
  • Continuing Lease or Rental Charges
  • Contract Penalty
  • Debris Removal
  • Deductible Waiver
  • Drones
  • Employee’s Tools and Work Clothing
  • Expediting Expense
  • Expendable Supplies
  • Extra Expense
  • Fire Department Service Charge
  • Fire Protection Systems
  • Improvements, Betterments, Attachments & Upgrades
  • Loaned, Leased, or Rented Equipment to Others
  • Loss Adjustment Expenses
  • Necessary Repairs
  • Newly Acquired Covered Property
  • Pollutant Cleanup and Removal
  • Preservation of Property
  • Property While Underwater
  • Property While Waterborne
  • Reimbursement for Returning Stolen Property
  • Rental Expense
  • Replacement Keys and Locks
  • Reward Coverage
  • Rigger’s Legal Liability
  • Transporting Property of Others
  • Unintentional Errors and Omissions
  • Unscheduled Tools and Equipment
  • Virus, Harmful Code, or Similar Instruction
  • Void Service Contract of Warranty
  • Voluntary Parting

 

We offer optional endorsements, which include:

  • Equipment rental and sales
  • Inflation protection
  • Equipment breakdown
  • Business income and extra expense

 

Benefits and Services

  • Integrated underwriting, risk consulting and claims handling
  • Professionals with an average of 15+ years of marine insurance experience
  • Specialized risk control consulting and claims handling

Client Profiles

  • General Contractors
  • Specialty Trade Contractors such as painting, electrical, carpentry, plumbing, heating, air-conditioning, roofing, paving and excavation
  • Marine Contractors
  • Municipalities, manufacturers, warehouseman, truck terminals and airports

Documents

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Product Sheets
Fast Fast Forward

Rowing is Growing: Insurance coverages every crew club needs to succeed

Four years ago, the sport of rowing saw a resurgence in the U.S., with clubs and high school programs popping up all over the country. In 2016, the U.S. Rowing Club National Championships registered a record 1,500 crews. Rowing continues to be a popular sport thanks to the scholarship opportunities
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Fast Fast Forward

Protecting Poinsettias

Poinsettias are a very popular holiday plant. In fact, the vibrant colored plants are a $250 million-dollar industry in the US with more than 70 million potted poinsettias sold every year. A native of Mexico, the poinsettia, also known as Euphorbia pulcherrima, was introduced to the Unites States in
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Fast Fast Forward

Theft is on the rise during COVID-19: 3 crime risks to watch

The halting of economic activity and rapid shift to remote work amid the COVID-19 pandemic has hurt businesses in many ways. State-mandated closures, disrupted supply chains, and stressed IT infrastructure are just some causes of loss. Unfortunately, the crisis has also created opportunities for criminals
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Product Availability

Geographical coverage is for informational purposes only. Product and service offers can vary based on location, industry, risk profile and unique business needs.

  • Related Products

The information contained herein is intended for informational purposes only. It’s is neither an offer to sell nor a solicitation to purchase any particular insurance product. Insurance coverage in any particular case will depend upon the type of policy in effect, the terms, conditions and exclusions in any such policy, and the facts of each unique situation. No representation is made that any specific insurance coverage would apply in the circumstances outlined herein. Please refer to the individual policy wordings for specific coverage details. AXA XL is a division of AXA Group providing products and services through three business groups: AXA XL Insurance, AXA XL Reinsurance and AXA XL Risk Consulting. Not all of the insurers do business in all jurisdictions nor is coverage available in all jurisdictions.

US- and Canada-Issued Insurance Policies. In the US, the AXA XL insurance companies are: AXA Insurance Company, Catlin Insurance Company, Inc., Greenwich Insurance Company, Indian Harbor Insurance Company, XL Insurance America, Inc., XL Specialty Insurance Company and T.H.E. Insurance Company. In Canada, coverages are underwritten by XL Specialty Insurance Company - Canadian Branch and AXA Insurance Company - Canadian branch. Coverages may also be underwritten by Lloyd’s Syndicate #2003. Coverages underwritten by Lloyd’s Syndicate #2003 are placed on behalf of the member of Syndicate #2003 by Catlin Canada Inc. Lloyd’s ratings are independent of AXA Group.

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