Insurance on Shopbot?

[kartracer63]

Ditto on the "Inland Marine" policy.

[ntraub01]

I "third" the Inland Marine policy! Because it is technically "mobile" the Inland Marine policy is the only way it will float. LoL

HOWEVER, they may balk at it because it is a tool and insurance companies HATE to insure mobile tools because there is so much worksite theft of "mobile" tools. We certainly don't ever have our SB in one of our trailers but we do have $10-$15k of tools we typically will take on an installation and we have to provide our insurance company with a list of equipment and note what is mobile and what isn't.

IF you can't get insurance be sure to do EVERYTHING YOU CAN to make your machine and trailer as hard to take as possible!! Put the whole thing up on blocks, lock the hitch, etc. etc. etc. etc. etc. If someone knew what was inside and the value of it, it would make an EASY payday for somebody! But not me, I already have one!!

Good luck!

[Davo]

My insurance company tried everything and also the inland marine

They just come back and say all companies they talk with have no market for this coverage

How is Shopbot covering all their product in their own warehouse?

Surely there must be coverage, too many Cnc companies operating out there

[tri4sale]

My insurance company tried everything and also the inland marine

They just come back and say all companies they talk with have no market for this coverage

How is Shopbot covering all their product in their own warehouse?

Surely there must be coverage, too many Cnc companies operating out there

If you had the machine in a permanent location (owned or leased), then insuring it would be easy, no different than insuring any other equipment. Once you put it in a trailer and make it mobile, that's probably what is causing you issues, that the the high value cost of replacing the ShopBot if stolen or wrecked.

[bryan5358]

Try Hochheim Prairie Insurance. Don't know if they have the Houston area or not but I live in East Texas and have a sawmill and a self built portable backhoe insured thru them. I set the value and they added it to my policy. all you can do is see....
https://www.hochheim.com/hponline/cm...blic_site-main