Simply Explaining Insurance #180- Contractors tools and equipment non-owned
For contractors that need to rent equipment, they have to make sure that said equipment is covered. They can have this covered by the shop that they rent from. They can also have it covered, if their policy has a coverage called “contractors tools and equipment non owned”. This coverage can significantly reduce their insurance expense over the course of a year.
Music by Roger Clyne and the Peacemakers
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