Replacement Cost Coverage for spray foam rigs
Inland marine at replacement cost so a theft, fire, or damage claim pays what it actually costs to get a new rig back on the job — not a depreciated ACV check that falls short of replacement.
What it covers
- Proportioner scheduled at new-unit replacement cost
- Heated hose scheduled at current footage replacement cost
- Spray guns and equipment at replacement cost
- Trailer and transport equipment at replacement cost
- Full-system replacement when total loss occurs
Who it's for
- Any spray foam rig operator who wants to know their claim will pay full replacement
- Operations whose current inland marine is at ACV
- Contractors who've received an ACV check after a rig loss and found it insufficient
- Spray foam operations with high-value proportioner systems
Why CCA
- Replacement cost on every scheduled rig component — not a blanket ACV form
- We review current rig values annually to keep the schedule current
- Claim coordination so replacement is authorized quickly after a covered loss
Common questions about replacement cost coverage
It varies by age. A 3-year-old proportioner might settle at 70–75% of replacement cost at ACV; a 6-year-old unit might settle at 50–60%. On a $60,000 proportioner, that's $12,000–$30,000 out of pocket.
No. We schedule used rigs at their current replacement cost — what it costs to buy an equivalent new unit. Age is factored into the premium, but the claim settlement is based on replacement cost regardless of the rig's age.
We review current dealer pricing for your proportioner make and model, hose footage, and accessory equipment. We update the schedule at renewal to make sure the values stay current as equipment costs change.
Replacement cost coverage typically costs more than ACV — the premium reflects the higher claim payout. For most rig operators, the additional premium is a small fraction of the ACV shortfall they'd face after a total loss.
Cost is driven by proportioner value, hose footage, rig truck details, crew size, and loss history. We quote your specific rig in about 15 minutes — never a generic estimate.
Yes. Contractors Choice Agency is licensed in all 50 states and writes spray foam rig programs nationwide — Texas, Florida, the Midwest, Southeast, Northeast, and everywhere spray foam contractors operate.
Typically 15 minutes on a call. We need proportioner make/model/value, hose system details, rig truck info, crew size, and loss history.
Often yes. We have specialty and E&S markets for rig operators with prior theft, equipment damage, or loss history. Bring us your situation and we'll find a market.
Usually yes. A coordinated program — inland marine, breakdown, auto, GL, CPL — closes gaps between policies and is typically more cost-effective than separate policies from separate carriers.
A.M. Best ratings reflect a carrier's financial strength and ability to pay claims. We place rig coverage with A-rated carriers so the coverage is there when a theft, breakdown, or rig-truck claim hits.
Yes. We build scheduled inland marine programs for rig fleets, covering each unit at replacement cost with coordinated auto and breakdown coverage.
Yes. Inland marine follows the rig; commercial auto coordinates across states. We build programs so your rig is covered wherever it operates.
Proportioner make/model/year/value, heated hose footage, spray gun count, trailer or truck-mount, rig truck year/make/model, crew size, types of jobs, states you work in, current coverage, and loss history.
Under a properly written inland marine policy with theft coverage, yes. We confirm the form covers theft from storage — not just theft from active jobsites.
It should — proportioner, heated hose, spray guns, drum heaters, and the trailer. We schedule every component at replacement cost so a loss on any part of the system is fully covered.
Yes for most rig operators. A proportioner compressor failure without breakdown coverage is a major out-of-pocket expense. Breakdown coverage is relatively inexpensive compared to the cost of a proportioner repair.
Yes. Financed rigs need replacement-cost inland marine with the lender named as loss payee. We set up the program to meet lender requirements.
Yes — typically same-day for standard requests. General contractor and project-owner requirements are routine for us.
Pair it with related coverage
Ready to insure your spray foam rig at replacement cost?
Get a 15-minute quote from a specialist who understands spray foam rigs — proportioner and hose values, breakdown exposure, rig truck auto, and theft off the trailer.