Get Insured with a Broker that understands Tradies!
Tool insurance, also known as equipment insurance or inland marine insurance, is a type of insurance policy that provides coverage for tools, equipment, and other valuable items used for business purposes. It is designed to protect business owners from financial loss due to damage, theft, or loss of these items.
Some common types of equipment covered by tool insurance include:
Hand tools: This includes items such as hammers, screwdrivers, and pliers.
Power tools: This includes items such as drills, saws, and sanders.
Specialized equipment: This includes items such as medical equipment, computer equipment, and scientific instruments.
Tool insurance policies may cover damage or loss due to a variety of causes, including theft, vandalism, fire, or natural disasters. Coverage may also include reimbursement for lost income if the business is unable to operate due to the loss or damage of equipment.
Tool insurance is typically purchased as a separate policy or added as an endorsement to an existing business insurance policy. Business owners should work with an experienced insurance agent to ensure they have the appropriate coverage for their needs and to understand any exclusions or limitations of their policy.
Fill in some basic details and we can get back to you with a quote.
"*" indicates required fields