Installation insurance provides protection for the installer of equipment against loss to the equipment and other property during the course of installation. It can be provided against loss by certain named perils or on an 'all-risk' basis. An example of the need for this insurance is if an elevator was installed and it was damaged or destroyed before the buyer could take possession, the contractor would lose the cost of labor and materials if there was not an installation insurance policy.
If your business installs products or oversees the installation of equipment, then Black Bear Insurance Agency can assist you in protecting your business from the risk of damaging property or the equipment during the installtion process.
Black Bear Insurance Agency is proud to be a part of the following organizations for independent insurance agencies.