What Asphalt Paving Equipment Should I Buy First?
- Nate Jones, CPCU, ARM, CLCS, AU
- Aug 22
- 2 min read
Starting an asphalt paving business is an exciting opportunity, especially with the growing demand for driveways, parking lots, and road resurfacing projects. One of the first questions new business owners ask is: What equipment do I need to get started and what should I buy first?
At Wexford Insurance, we specialize in helping asphalt paving contractors protect their businesses with tailored insurance solutions. In this blog, we’ll walk you through the essential equipment to consider when launching your paving business, how to prioritize your purchases, and how insurance can protect your investment.
Why Choosing the Right Equipment Matters
Investing in the right equipment from the start helps you:
Complete jobs efficiently
Maintain high-quality results
Reduce downtime and repair costs
Build credibility with clients
👉 Explore asphalt paving equipment reviews
Essential Equipment to Buy First
1. Asphalt Paver
This is the heart of your operation. A reliable paver lays hot mix asphalt evenly and smoothly. For startups, consider a mid-sized paver that balances performance and affordability.
2. Dump Truck
You’ll need a dump truck to transport asphalt from the plant to the job site. If buying isn’t feasible initially, renting is a common option.
3. Roller/Compactor
After laying asphalt, you need a roller to compact it. A vibratory roller is ideal for most paving jobs and ensures a smooth, durable finish.
4. Skid Steer Loader
Useful for site prep, debris removal, and moving materials. It’s a versatile piece of equipment that adds value across many job types.
5. Hand Tools and Safety Gear
Don’t overlook essentials like asphalt rakes, shovels, measuring tools, and safety gear (gloves, vests, goggles). These are low-cost but critical for daily operations.
Should You Buy or Rent?
Buying equipment offers long-term savings and reliability, while renting allows flexibility and lower upfront costs. Many new business owners start with a mix—buying core equipment and renting specialty machines as needed.
Insurance Coverage for Your Equipment
Protecting your investment is just as important as choosing the right tools. Equipment breakdowns, theft, or accidents can derail your operations and cost thousands.
Recommended Insurance Policies:
Commercial Auto Insurance Covers vehicles like dump trucks and transport vans.
General Liability Insurance Protects against third-party claims for property damage or bodily injury.
Commercial Property Insurance Covers your office, storage yard, and any owned buildings or contents.
Workers’ Compensation Insurance Required if you have employees; covers medical expenses and lost wages due to work-related injuries.
Equipment Insurance (Inland Marine Insurance) Covers your paving machines, rollers, and tools from theft, damage, or breakdown.
Final Thoughts
Starting an asphalt paving business requires smart equipment choices and a solid insurance plan. By investing in the right tools and protecting them with comprehensive coverage, you’ll be ready to take on jobs confidently and build a reputation for quality and reliability.
At Wexford Insurance, we understand the unique risks of the asphalt paving industry. Our specialized insurance programs are designed to help you operate safely and grow your business.
