Tools & Equipment Coverage for sealcoating contractors

Actual cash value pays the depreciated value — a 4-year-old sealcoating tank that cost $15,000 might be valued at $7,000 ACV. Replacement cost pays what it actually costs to replace the equipment today. We schedule equipment at replacement cost.

Yes — theft from job sites, trailers, and unlocked vehicles is covered. Some forms require that equipment be locked or secured to qualify. We make sure the coverage matches how you actually operate.

For high-value items like sealcoating tanks, spray systems, and crack fill machines, scheduled coverage at individual value is best. For smaller hand tools, a blanket limit is often more practical. We structure the right mix based on your equipment list.

If the damage is from a vehicle accident, it may be a commercial auto claim. If it's on a job site or during loading, it's a tools and equipment claim. We coordinate the policies so there's no gap — and no claim dispute about which policy applies.

Cost is driven by crew size and payroll, annual revenue, equipment value, vehicle count, and loss history. We quote your actual operation in about 15 minutes — never a ballpark from a generic contractor form.

Yes. Contractors Choice Agency is licensed in all 50 states and writes sealcoating programs nationwide — Texas, Southeast, Midwest, Northeast, California, Mountain States, Mid-Atlantic, and Pacific Northwest.

Typically 15 minutes on a call. Larger operations may take a day or two to place with the right markets, but we move fast and set expectations up front.

Often yes. We have admitted and E&S markets for sealcoating contractors declined over pollution exposure, prior loss runs, or other issues. Bring us your situation and we'll find a market.

Usually yes. A coordinated program closes gaps between policies and is typically cheaper than separate policies from separate carriers — and far easier to manage at claim time.

A.M. Best ratings reflect a carrier's financial strength and ability to pay claims. We place coverage with A-rated carriers so the coverage is there when a runoff claim, a spray truck accident, or a property damage lawsuit hits.

Yes. Crack filling and line striping are common companion operations for sealcoating contractors. We include all three in the policy so there's no dispute about which activity a claim relates to.

Equipment is ideally scheduled at replacement cost rather than actual cash value. A sealcoating tank that cost $18,000 three years ago shouldn't be paid out at a fraction of that due to depreciation. We schedule equipment at real replacement value.

Crew size and payroll, annual revenue, equipment list and values, vehicle count, operations (sealcoating, crack fill, striping, other), current coverage, and loss history. The more detail, the more accurate the quote.

Yes — most commercial property managers and HOAs require a certificate of insurance naming them as additional insured before a sealcoating contractor can start work. We issue certificates quickly so you can get to work without delays.

Yes. Seasonal operations with off-season layoffs have different payroll, equipment storage, and vehicle usage patterns. We reflect the actual seasonal schedule in the rating so you're not overpaying for months when no work is being done.

Tools and equipment coverage covers theft of sealcoating equipment from job sites. Make sure your equipment is scheduled correctly and at replacement cost so a theft claim pays what it actually costs to replace the equipment.

Yes. If you run multiple crews, we build one coordinated program covering all crew members, vehicles, and equipment — with GL, auto, and workers' comp properly structured for a multi-crew operation.

Yes. Whether you're a sole proprietor, a GC who subcontracts sealcoating, or a sealcoating sub who works under a prime, we can structure coverage to fit your role in the work arrangement.