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Business materials needed to be installed and fabricated needs protection from any damage or loss.   Get a quotation Installation Floater in San Jose, CA

Installation Floater Insurance in San Jose, CA

Backing up your business is essential; protecting your assets is principal. AT PBIB, we can save you up to 40%!

Installation Floater Insurance

As a contractor, you’re constantly worried about hitting deadlines, protecting equipment and watching the weather. Since contractors have to deal with many complex issues, there are some additional policies that one should consider for increased protection.

Installation Floaters cover specific materials / items that a contractor is planning to install. This covers either all risks or specific sources of losses for materials or equipment specifically named in the policy. We can help you add an Installation Floater to your Builder’s Risk policy.

An example, you’re a contractor working on a project installing new plumbing in a commercial building, and you naturally have your extra materials and tools stored on site. In the middle of the night, a fire breaks out on the property and in the storage area, thus your material and tools are destroyed. Depending on the policy, your builders’ risk policy may not cover your equipment in this case, but if you have an installation floater you will have that extra layer of protection.

One of the biggest risks contractors face is theft of their tools, equipment, machinery or materials. Don’t leave your assets you need defenceless to face that risk without adequate protection. Contractors can safeguard themselves from financial loss by protecting the smaller assets that help get the job done with the right insurance coverage.

When do you need an Installation Floater?

  • When the cost to replace materials due to fire or theft or exceeds your comfort level.
  • A contractual requirement of the owner or prime contractor.

What Does an Installation Floater Cover?

An example, you’re a contractor working on a project installing new plumbing in a commercial building, and you naturally have your materials stored on site, or offsite, or in transit. In the middle of the night, a fire breaks out where your materials are stored, and they are destroyed. Depending on the policy, your builders’ risk policy may not cover your materials, but if you have an installation floater you will have that extra layer of protection.

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What is covered?

  • Your materials while in temporary storage.
  • Your materials while stored on the jobsite.
  • Your materials while in transit.

What is not covered?

  • Theft of materials that are not protected while being stored.
  • Materials that have been installed in the structure.

When do you need an Installation Floater?

An example, you’re a contractor working on a project installing new plumbing in a commercial building, and you naturally have your materials stored on site, or offsite, or in transit. In the middle of the night, a fire breaks out where your materials are stored, and they are destroyed. Depending on the policy, your builders’ risk policy may not cover your materials, but if you have an installation floater you will have that extra layer of protection.

The Best Installation Floater Insurance to get you on the job safely in San Jose, CA

If you're running a contracting service, you most likely currently know how easily things can go wrong. From broken equipment to injured employees, and everything in between, building and construction is a hazardous industry where accidents happen every day. Being so, there are few things more vital to your contracting company than insurance that will cover you totally when hard times fall. So if you're trying to find the best possible license bond in San Jose, CA, you’ve arrived - put your company in the capable hands of Pascal Burke Insurance Brokerage today!

Where Contractors Go to Get Insured!

We are specialist in an array of policies that cover not only general cases but specialty contractors. Check out how we can help you below.

Why us

Many contracting insurance brokers have business diplomas and briefcases - they might understand the stats, however they don't have the facts. When you select Pascal Burke Insurance Brokerage, Inc., you're drawing from decades of experience in the building and construction industry. Having been in the field ourselves, we know your insurance needs like the back of our hands - hands that are still calloused from the work you do everyday. Some things just can't be taught - they must be lived. So, if you want insurance coverage brokers who'll treat your company as they would their own, we're the ones for you. Let's build something.

About us

In 1974, our founder and president Pascal Burke began his career in construction as an architect’s apprentice, but his heart was in building so he joined a large concrete company, building parking structures and sports stadiums, After a few years he began his own construction company specializing in parking structures until 2005, he then joined the board of directors of an insurance company that specialized in contractors general liability. After 4 years, he began Pascal Burke Insurance Brokerage, Inc. Since this beginning we have specialized in contractors’ insurance and are licensed in over 40 states. We truly know contractors from the ground up!

San Jose, is the largest city in Northern California by both population and area. With a 2020 population of 1,013,240, it is the third-most populous city in California (after Los Angeles and San Diego) and the tenth-most populous in the United States. Located in the center of the Santa Clara Valley, on the southern shore of San Francisco Bay, San Jose covers an area of 179.97 sq mi (466.1 km2). San Jose is the county seat of Santa Clara County, the most affluent county in California and one of the most affluent counties in the United States. San Jose is the main component of the San Jose-Sunnyvale-Santa Clara Metropolitan Statistical Area, with an estimated population of around 2 million residents in 2018. It is also the most populous city in both the San Francisco Bay Area and the San Jose-San Francisco-Oakland Combined Statistical Area, which contain 7.7 million and 9.7 million people respectively.

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