Does Builders Risk Cover Rented Equipment?

Sometimes. Builders risk can cover rented equipment only when the policy treats it as covered project property and you have an insured interest; a rental contract can still make you responsible for damage.

The NAIC’s builders risk definition includes machinery and equipment used in construction, while the cited specimen form separates project property from contractor equipment. That distinction matters for rented items, tools, and machinery that are not becoming part of the finished project.

List each rented item, its value, where it will be used, and who bears the risk under the lease. Check the builders risk property definition, any rented-equipment or contractor-equipment extension, per-item limits, transit terms, and loss-payee requirements before delivery.