Construction Equipment insurance

Does your business use machines and heavy construction equipment, such as excavators, bulldozers, front loaders and lift trucks?

With ENNIA’s Construction Equipment insurance, you can be sure that this valuable equipment is insured. This way, your operations will not come to a halt in case something goes wrong with your machines.

Why choose this insurance?

  • Your indispensable and valuable machines are insured.
  • The damage that your equipment can cause is insured, while operating and also if the equipment has to be driven on the road.
  • Our claims processing is quick and hassle-free.
  • You can easily expand our Construction Equipment insurance with additional coverage.

What does it cover?

ENNIA’s Construction Equipment insurance consists of 2 categories that can be taken out separately.

Category A (operating risks) covers:

  • Coverage in Aruba, Bonaire, Curacao and St. Maarten.
  • Liability.
  • Damage as a result of external calamity, fire, explosion, spontaneous combustion, lightning strike, theft, fraud and misappropriation.

Category B covers:

  • Third Party Liability (TPL) with a minimum insured amount of f 150,000 ($ 83,799).

How much does Construction Equipment insurance cost?

Your Construction Equipment insurance is customized for your business. The price depends on the desired combination of the 2 categories. We offer your company competitive rates, as shown below. Your independent insurance advisor or ENNIA can make a personalized estimate for your organization.

  • The premium for TPL coverage is calculated on the basis of the equipment’s list price x 1%, with a minimum premium of f 100 ($ 55).
  • The premium for TPL + Comprehensive coverage is 2.5%.
  • The minimum deductible for category A (operating risks) is f 250 ($ 137).
  • The deductible for category B (TPL insurance) is f 150 ($ 82).