Insurance for 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 property
of others for which the insured may be liable. The builders risk policy may
include a deductible, however, and may not include coverage for loss of use.)