Trenchless Tool Insurance | HDD & Underground Equipment Coverage
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Protecting high-value equipment below the surface
Trenchless construction depends on specialized equipment operating beneath rivers, roadways, urban infrastructure, wetlands, and other challenging environments. When that equipment becomes stuck, lost, or damaged underground, the financial impact can be significant.
Transpac Managers’ Underground Tool Program provides specialized insurance protection for scheduled equipment used in horizontal directional drilling, pipe jacking, and microtunneling operations.
What is trenchless tool insurance?
Trenchless tool insurance covers the replacement cost of scheduled equipment while it is deployed underground on an approved project. Coverage applies when insured equipment becomes stuck, lost, or damaged during covered operations, subject to the terms and conditions of the policy.
This specialized protection helps address underground exposures that may be excluded from standard Contractors Equipment Policies.
Other terms commonly used for this type of coverage include:
- Underground tool insurance
- Trenchless equipment insurance
- Horizontal directional drilling insurance
- HDD equipment coverage
- Underground equipment coverage
- Lost-in-hole coverage
What types of operations are covered?
The Underground Tool Program is designed for equipment used in:
- Horizontal Directional Drilling (HDD)
- Pipe Jacking
- Microtunneling
Trenchless projects may rely on high-value steering, guidance, tracking, and measurement technology to navigate complex underground environments. Coverage is written for specifically scheduled equipment, which may include the below. If you need coverage for equipment not listed , contact Transpac Managers to discuss your specific project and tools.
- Steering and guidance systems
- Locating and tracking equipment
- Underground measurement tools
- Drilling tools and components
- Other specialized trenchless equipment
Who is eligible for coverage?
Coverage may be available to companies that own the equipment or are contractually responsible for protecting it while underground, including:
- Horizontal directional drilling contractors
- Pipe-jacking contractors
- Microtunneling contractors
- Trenchless construction companies
- Equipment owners and rental companies
- Manufacturers and technology providers
- Project owners with contractual responsibility for underground equipment
Flexible coverage options
We charge on a per ft/m rate for each drill in the job. Insured parties can select either 100% or 50% coverage, helping balance equipment protection with project costs.
Program advantages include:
- Replacement-cost protection for scheduled equipment
- Coverage if insured equipment becomes stuck, lost, or damaged underground
- 100% or 50% coverage options
- Multi-job program discounts of up to 15%
- Coverage structured around actual project exposure
- Access to globally recognized insurance markets
How quickly can coverage be approved?
Trenchless projects do not always operate on a traditional schedule. Transpac provides responsive underwriting, with most jobs approved within 24 hours after receiving the required application and project information.
This mirrors Transpac’s established approach to specialty tool coverage, including round-the-clock support and quotes frequently provided in less than 24 hours.
How are losses handled?
Transpac provides responsive underwriting, with most jobs approved within 24 hours after receiving the required application and project information. Losses are managed by experienced claims professionals who understand specialized tools, underground operations, and the importance of minimizing operational disruption.
Transpac is committed to providing an efficient claims process, including responsive review of proof-of-loss documentation and timely payment of covered claims.
Protect your investment below the surface
Before your next HDD, pipe-jacking, or microtunneling project begins, make sure your high-value equipment is protected underground.
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