Life is unpredictable. Doing business doesn't have to be.

By protecting your operations and equipment, you can help mitigate unnecessary downtime that could impact your business. You can even protect yourself financially if you can’t pay off your equipment lease or loan.

Physical Damage Insurance, also known as Contractors’ Equipment Insurance, can ensure you are covered in the event of a covered loss. Physical Damage offers protection from fires, theft, vandalism, loss and other fortuitous events. It can help minimize downtime by covering unexpected costs related to those events, ensuring your equipment is covered, repaired or replaced and back on the job site quickly. Some Physical Damage Insurance policies can even provide reimbursement for rentals, should you need to rent equipment while your machine is down. In addition, if you have an outstanding balance on your loan, and your equipment is deemed a total loss, Physical Damage Insurance could provide the reimbursement needed to pay off your loan, pay the actual cash value or replace your machine.

General Liability Insurance offers protection if the operation of an insured’s machine causes property damage or bodily injury to a third party on the job site. If you lease equipment, General Liability Insurance is required to obtain the lease.

Extended Protection is also available to protect your equipment beyond the standard factory warranty. This option offers an opportunity for you to hedge your costs and help you manage your budget. Purchasing Extended Protection enables you to manage cash flow, minimize downtime and reduce concern over high repair costs caused by a manufacturer’s defect in materials or workmanship.

Cat Financial provides products and solutions so you can manage equipment at the lowest operating cost over the life of the machine.

Plan with confidence, knowing the unexpected is covered. Want to make sure you’re covered? Call 800-248-4228 or contact a Cat Financial representative today!

This is only a brief description of the programs. The actual policy or contract will govern coverage.