Transporting heavy machinery, mixers, and tools across Utah’s rugged roads comes with more risk than most ready-mix companies realize. While standard property insurance protects equipment stored at a plant, it doesn’t cover losses that occur once the trucks leave the yard. When they do, inland marine coverage becomes an essential component of heavy construction insurance.
How Does Inland Marine Insurance Work in Heavy Construction?
Inland marine insurance is designed to protect mobile equipment, tools, and materials while in transit to construction projects or when stored at job sites away from the yard. Whether it’s a concrete mixer traveling to a commercial build or smaller tools stored on work trucks, this coverage shields against losses that could otherwise grind operations to a halt.
Key protections include:
- Coverage for trucks and mixers damaged in accidents while en route
- Protection against theft of tools or materials during transport or at a project site
- Reimbursement for equipment damage caused by collisions, rollovers, or shifting loads
Without inland marine coverage, a single incident can mean lost contracts, strained client relationships, and costly repairs. For ready-mix companies that rely on specialized machinery, the financial impact of these losses can be staggering.
Why Ready-Mix Companies Need Specialized Protection
Ready-mix businesses face unique risks compared to other contractors. Their equipment is large, mobile, and critical to timely project delivery.
Inland marine insurance complements general liability and property coverage by extending protection beyond the plant gates.
Consider these potential scenarios:
- A mixer truck overturns while hauling materials, damaging the drum and delaying the pour.
- Tools stored on a trailer are stolen at a jobsite — a common and costly problem for construction companies.
- A load of expensive additives is ruined in transit due to an accident.
Each situation highlights the vulnerabilities of working in heavy construction. Inland marine insurance fills this gap, ensuring ready-mix operators can recover quickly without jeopardizing deadlines or budgets.
To learn more about broader liability exposures, read BTC Insurance’s insights on mitigating risks in ready-mix operations.
Partnering With BTC Insurance
BTC Insurance specializes in building tailored heavy construction insurance programs that reflect the realities of Utah’s ready-mix industry. With more than a decade of experience serving construction businesses, BTC takes a hands-on approach, ensuring that inland marine coverage integrates seamlessly with other policies such as general liability, commercial auto, and property insurance.
Bundling inland marine within a comprehensive policy not only simplifies risk management but also strengthens overall protection. By working with BTC, ready-mix companies gain peace of mind, knowing their equipment and materials are safeguarded every step of the way.
Protecting Utah’s Ready-Mix Businesses
Heavy construction insurance is only complete when inland marine coverage is part of the package. For Utah ready-mix companies, it’s the safeguard that ensures projects stay on track even when the unexpected happens.
Ready to protect your equipment in transit? Contact BTC Insurance today to get a quote.
FAQ About Inland Marine & Heavy Construction Insurance
What does inland marine insurance cover for construction companies?
It covers mobile equipment, tools, and materials while in transit or stored off-site.
Why do ready-mix companies need inland marine coverage?
Their equipment is constantly on the move and exposed to theft, accidents, and other risks not covered by standard property or auto insurance.
Is equipment in transit covered under heavy construction insurance?
Yes, when inland marine is included as part of a comprehensive heavy construction insurance package.
What is the difference between inland marine and property insurance?
Property insurance covers equipment at a fixed location, while inland marine extends protection during transport or off-site use.
About BTC Insurance Services
Founded in 2011, BTC Insurance Services has proudly served Utah businesses with comprehensive and custom-tailored insurance coverages for a decade. We pride ourselves on fostering long-term client relationships with a personalized and hands-on approach, and have established a reputation built on quality and transparency. For more information about our products and services, we invite you to contact one of our reputable agents today at (855) 944-3457, or send us a message here.