Illustrated open gravel yard framed by a garage with its door up on the left, showing a pegboard of tools with a purple drill and shelving, and a utility pole, stacked lumber and a white pickup truck on the right

Tools and equipment insurance

protect the tools that pay the bills.

Theft from the truck, a dropped saw, rented gear on the job. Tools and equipment coverage goes wherever your work does.

get started

MARKETS WE PLACE THROUGH

stolen, dropped, broken. covered.

Tools, gear and rented equipment. Tap around the job site to see what’s covered, and what isn’t.

Illustrated job site with a pickup truck full of tools, a purple circular saw on sawhorses, a mini excavator on a trailer, a tablet and rolled plans on a folding table, a framed wall with a ladder and a shipping container

usually covered

Tools stolen from your truck

From a locked truck, on most policies.

covered

Your saw gets dropped

Repair or replacement.

with an add-on

Rented equipment gets damaged

Add rented equipment coverage.

usually covered

Your tablet breaks on site

When it’s listed on your policy.

usually covered

Tools stolen from your truck

From a locked truck, on most policies.

Examples. Your policy sets the details.

tools gone? make one call.

We file the claim with your list and receipts, then follow it until you’re paid.

1. Report the theft
File a police report and send us a list of what’s missing.
2. We file it
Your receipts, photos and the report go to the carrier.
3. We push it through
Repair or replacement costs, followed to the end.

the best price, without the shopping.

Tell us about your business once. We compare the market and bring back your options, side by side.

Harbor Electric

your options

$620a year, $40K of tools

3 options, same coverage

Option A$620

Option B$740

Option C$890

ElectricianTampa, FL$40K in toolsNo claims

compare your options

same
coverage,
best price

get started Already insured? Send your policy

switching takes one signature.

Keep your broker until the numbers say move. We do the paperwork.

1. Send your policy
Your current policy is enough. No forms.
2. We compare
Coverage, service and price, side by side with today’s options.
3. You choose
Stay or switch. If you switch, we handle the paperwork.

get started

Put them on one program and we shop them together at every renewal.

good to know.

Straight answers about tools and equipment insurance.

What is tools and equipment insurance?

Tools and equipment insurance covers tools, gear and mobile equipment against theft and damage, wherever the work is: on the job site, in your truck or in storage. It’s popular with contractors and tradespeople whose tools move between locations. It usually pays to repair or replace what’s lost.

Does general liability cover my tools?

No. General liability covers injuries and damage you cause to others, not your own property. Your tools are typically covered by a tools and equipment policy, also called inland marine. Some business owner’s policies include a small amount of coverage for tools away from your premises.

Are tools stolen from my truck covered?

Usually, with tools and equipment coverage. Many policies require signs of forced entry, a locked vehicle or a police report. Commercial auto doesn’t cover tools inside the vehicle, so contractors usually carry both.

Does tools insurance cover rented equipment?

Often, if you add rented or leased equipment coverage. It covers equipment in your care, like a rented excavator or lift, so you’re not personally on the hook for damage or theft. Many rental agreements require proof of this coverage.

Is tools and equipment the same as inland marine?

Mostly. Inland marine is the broader insurance category for property that moves, and contractor’s equipment coverage is one type of it. When people say tools and equipment insurance, they usually mean an inland marine policy for their tools and gear.

Insurance words, in plain English: inland marine · replacement cost vs actual cash value