Theft and loss
A tools insurance policy helps to reimburse the value of any lost or stolen equipment. Helping you replace your tools quickly and limit interruption to your project.
Fire and Natural Disasters
The impact of a natural disaster like a flood can be devastating. Recover the value of your tools for prompt replacement.
Accidental Damage
Accidental damage can cover damage in events such as dropping a piece of equipment, or if a tool is damaged in the back of your truck during a collision.
Wear and Tear
Sudden or unexpected damage or loss is expected to be covered by a Tools policy. It won’t cover you if the tool deteriorates or wears out over time.
Misuse
If the tool is damaged due to your own fault or negligence, the policy will not cover the repair or replacement.
Unsecured tools
Some policies may exclude coverage for unsecured, unattended or tools left in vehicles. Talk to our team about reducing your risks while on-site.
High value items
Tools or equipment worth more than a certain amount may need to be named as individual items on your policy. Ask our team about how high value tools may affect your premium.
