riggers liability insurance

Riggers liability insurance covers a contractor's liability arising out of the moving of property and equipment that belongs to others, such as lifting air-conditioning units onto a roof with a crane.

The standard commercial general liability (CGL) policy does not cover this risk due to the exclusion for "personal property of others in your care, custody, or control." Riggers liability coverage can be effected by attaching a riggers liability endorsement to the CGL policy that modifies or deletes the "care, custody, or control" exclusion. (Note that if the contractor is an insured under a builders risk policy on the project, coverage is usually provided in that policy for all of the materials and equipment being incorporated into the project. The builders risk policy may include a deductible, however, and may not include coverage for loss of use for which the contractor may be liable.)