Which floater is designed for contractors covering equipment moving between job sites?

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The Contractors Equipment Floater is specifically designed to provide coverage for equipment that contractors use on job sites, particularly when that equipment is transported between different locations. This type of insurance is crucial for contractors as their tools and machinery can be vulnerable to loss or damage while being moved from one place to another. The coverage ensures that valuable equipment remains protected against risks such as theft, damage during transit, and other potential liabilities.

In contrast, the Installation Floater typically covers items that are being installed as part of a project but it does not specifically address the transportation of equipment between job sites. The Physicians Equipment Floater is tailored for medical professionals and their specific equipment, which is not relevant to contractors. Accounts Receivable Coverage is designed to protect a business against the loss of income due to uncollectible accounts and does not pertain to the equipment used in construction or contracting. Hence, the Contractors Equipment Floater is the most appropriate choice for its focus on contractor-related equipment during transit.

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