Insurance : insurance - ASC Construction Equipment USA, INC.
Insurance

It’s smart to protect your equipment. That’s why Volvo Insurance Services sponsors automatic* equipment insurance programs to cover you in the case of vandalism, fire, severe weather damage, and more**. You’re also covered for equipment replacement in case of theft or total loss.

Speak with your local Volvo dealer today to learn more.

* Equipment used in logging, lumbering, underground, for oil or gas exploration or processing, along with highway use vehicles, aircraft, and watercraft are not eligible for coverage.

** Flood, theft, windstorm, accidental damage, fire, terrorism, and earthquake. Some exclusions may apply.

Current Program Features*

Coverage Features

Volvo Financial Services

Other Insurance

Replacement of equipment

Depreciated Actual Cash Value (in most cases)

No deductible for losses that exceed $5001

Deductibles of $500, $1000 or more

Automatic coverage up to $750,000 per piece of equipment without underwriting2

Must be added; subject to underwriting

Covered for:

  • Flood
  • Earthquake
  • Terrorism

Usually not covered

Premium is fixed for the life of your loan, not just 12 months

Cost of future renewals is unknown

One monthly payment and invoice for your equipment and insurance

Separate payments / separate invoices

* Subject to change without prior notice.

1 Losses of $500 of less are not covered. Covered losses in excess of $500 are repaired with no deductible charge.

2 Equipment used in logging, lumbering, underground, for oil and gas, exploration or processing, along with highway vehicles, aircraft, and watercraft are not eligible for coverage.

Comprehensive insurance puts your focus back on the job.