In the ever-growing construction and installation industry in California, it is essential for businesses to have the right insurance coverage to protect their assets and liabilities. One such insurance option that is often overlooked is an installation floater policy. Installation floater policies are specifically designed to cover materials and equipment during installation, making it a valuable option for contractors, builders, and other businesses involved in construction and installation projects.

Today, we will discuss the benefits of installation floater policies in California and why they are a crucial addition to your business insurance portfolio:

1. Protection for Materials and Equipment

During construction and installation projects, materials and equipment are often transported from one location to another, stored on-site or off-site, and are exposed to various risks. An installation floater policy provides comprehensive coverage for materials and equipment used in a project from the moment they are acquired until the project is completed. This includes protection against risks such as theft, vandalism, damage due to natural disasters, and accidents during transportation or storage.

2. Customizable Coverage

One of the significant benefits of installation floater policies is their flexibility. They can be tailored to meet the specific needs of your business, taking into account the unique risks associated with your industry and the types of projects you undertake. This means that you can have peace of mind knowing that your policy covers all the relevant risks and exposures without having to pay for unnecessary coverage.

3. Coverage for Different Types of Projects

Installation floater policies in California are designed to cater to a wide range of projects, including residential, commercial, and industrial installations. The policy can cover everything from HVAC systems, solar panels, and electrical installations to plumbing systems, elevators, and more. No matter the size or complexity of your project, an installation floater policy can provide adequate protection.

4. Coverage for Labor Costs

In addition to covering materials and equipment, installation floater policies can also provide coverage for labor costs associated with the project. This includes costs incurred during fabrication, installation and even repair or replacement if the materials or equipment are damaged during the project. This added protection can help mitigate potential financial losses in the event of an unforeseen incident.

5. Coverage for Third-Party Liability

Installation floater policies can also provide coverage for third-party liability that may arise during the course of a project. This includes injuries or property damage caused by your business’s operations or the actions of your employees, subcontractors, or suppliers. With an installation floater policy, you can protect your business from potential lawsuits and financial losses resulting from third-party claims.

6. Competitive Advantage

Finally, having an installation floater policy can give your business a competitive advantage in the industry. Clients and partners are more likely to trust and work with businesses that are adequately insured and demonstrate a commitment to risk management. As such, investing in an installation floater policy can help you build a strong reputation and attract more clients.


Overall, an installation floater policy is an essential insurance option for businesses in the construction and installation industry in California. The policy offers comprehensive coverage for materials, equipment, labor, and more, ensuring that your business is protected from potential financial losses. So, by investing in an installation floater policy, you can focus on delivering high-quality services to your clients while enjoying the peace of mind that comes with adequate insurance coverage.

Pascal Burke Insurance Brokerage Inc. is your go-to provider of insurance for all your contracting needs. If you are looking for installation floater coverage, reach out to us today and get what you need