Insurance designed for equipment dealers

Our insurance solutions for equipment dealers are designed to meet the unique risks that come with operating a business in the agricultural, industrial and commercial equipment sector.

We offer solutions for:

Industrial equipment dealers

Agricultural equipment dealers

Commercial equipment dealers

  • Industrial equipment dealers
  • Agricultural equipment dealers
  • Commercial equipment dealers

Why equipment dealers trust us

We have over 100 years of experience creating custom-built insurance solutions for Canadian businesses.

Through our experience working with heavy equipment dealers, farm equipment dealers, and other equipment retailers, we’ve come to understand the risks you’re exposed to on a daily basis.

Whether you run a small retail operation or manage a major equipment dealership, take advantage of our industry expertise to get a complete commercial insurance solution designed specifically for your business.

At Federated Insurance, we provide:

  • Customized insurance solutions designed for equipment dealers
  • Dedicated advisors who work with you directly
  • Expanded coverage options
  • Flexible payment and deductible options
  • Quick, hassle-free renewals

We offer solutions for:

Industrial equipment dealers

Agricultural equipment dealers

Commercial equipment dealers

  • Industrial equipment dealers
  • Agricultural equipment dealers
  • Commercial equipment dealers

Equipment dealer coverages

In addition to providing you with coverage for liability, property, and employees, our toolbox is filled with options designed to ensure that your business is properly protected:

Blanket Coverage:

We provide a blanket limit coverage for all of your business contents, whether on or off your premises.

Business Interruption:

You can take advantage of our business interruption insurance to help protect your business from a loss of income.

Manufacturer’s Floor Plan:

Provides coverage to floor-planned property and protects the value of enhancements (additional parts and accessories) you add to floor plan equipment.

Mechanic’s Warranty of Work:

Includes installation, labour, and dealer errors and omissions. Also includes coverage for corrections from mistakes made through the installation of a defective part, or as a result of faulty work on customers’ vehicles.

New Equipment Sales Protection:

Covers claims or suits brought against you by a customer who is dissatisfied with equipment purchased from you.

Tools & Equipment:

We offer equipment coverage for you and your employees, as well as rental reimbursement, which covers the cost of renting regular and computerized equipment if yours is damaged.

Crime:

We offer insurance coverage to help protect you from employee dishonesty, credit card forgery and other types of theft by employees and others.

Cyber:

We’ll help to keep your business cyber safe with costs coverage for data recovery, customer breach communications and e-commerce threats.

Company Vehicles:

We’ll make sure you have the right coverage for all of your company vehicles, whether you have just one or a whole fleet.

Personal:

Personal insurance solutions are available for your home and vehicles. So whether you own a house, cottage, car, boat or RV, we can help you build a complete insurance package that protects your business, your employees and your family.

Pollution:

The release of a pollutant can cause serious damage to the environment as well as your project, your reputation, and your customers bottom line. Pollution liability insurance is designed to help protect you from environmental damages and from costly expenses.

We’re your dealership industry experts

Our expertise among farm equipment dealers, industrial equipment dealers and other equipment retailers is defined by our relationships with the leading industry associations.

Proudly recommended by:

Work with us directly

Federated Insurance works directly with you. Whatever your needs, our team of industry-trained experts will help you ensure that your commercial, industrial or agricultural equipment business is properly protected.

We take the time to understand your business today and in the future, so that as your business evolves, we can help align your coverage with your changing business needs.

Value-added services for your equipment retail business

Once you become a Federated Insurance customer, you’ll have access to an array of value-added services for your equipment retail business, including:

Superior claims handling

Our claims professionals are skilled in handling claims for equipment dealers. They’re available 24/7 to resolve your claim and get your business back up and running as quickly as possible.

Dedicated advisors

Our Commercial Insurance Specialists use their expert knowledge and experience to develop a tailored insurance program that fits the unique needs of your business, while providing support along the way.

Loss prevention expertise

You’ll have access to our highly-trained loss prevention consultants who can answer your questions and provide you and your employees with valuable safety advice.

Safety programs

We have the tools to help you create, implement and maintain safety programs, with a focus on identifying, communicating and mitigating risks.

Trauma assistance

You can count on our confidential, one-on-one counselling services to help you cope with a traumatic loss.
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Do you want to learn more about the risks tire businesses face and the appropriate steps to take against them?

Risk management tips for equipment dealers

Tip #1:
Losses happen, but business continuity planning can help keep your business going. Stay on top of local and global events and trends to anticipate problems, and develop procedures to handle crises like fires, natural disasters or data downtime.
Tip #2:
When you sell equipment, you’re obligated to ensure that it’s safe to use. Be sure to include all necessary safety components with the equipment, advise your customers on best practices for safe operation, and take photos prior to the sale. You might also consider including a useful safety checklist with the documents to be signed upon delivery or pick-up.
Tip #3:
Each year, tens of millions of dollars’ worth of equipment is stolen in Canada. Having a current inventory and keeping detailed records of all equipment (and tools) used in your building and offsite will be instrumental in recovering and managing your assets.

Latest blog posts for equipment dealers:

Check out our latest blog posts for some tips on business, customer, employee and operational safety for commercial, farm, and heavy equipment dealers: