Tools Insurance FAQs
Questions and answers relating to our tools insurance, including what it covers, levels of cover available, where insurance applies. This information is provided as a guide only, and if you’ve got any doubts or questions, give our expert team a ring on 0800 0280 380.
If you work in a trade, your tools are your lifeblood. Without them, you probably can’t work. So, as you sort out your compliance and insurance, you may be wondering how you insure your work tools.
If you work in a trade connected to the construction industry, your tools are important. You will need to work out what insurance you require to properly protect your business, so it’s useful to know whether tools insurance is something to consider.
Anyone working in construction should consider their insurance. When thinking about what you need, you might also want to think about costs.
Your portable powered and non-powered hand tools are covered anywhere in the UK and EU.
No. Your tools will be covered 24 hours a day, 7 days a week.
We cover theft from any vehicle, as long as the doors are locked and the windows and other openings are fully closed and properly fastened.
You need to check with your home insurance provider. Some home insurance policies might cover tools for work or commercial use, but many policies don’t.
Check with your insurer to see if the cover you’ve got fits your needs. As with all insurance, your tools can only be covered by one policy at a time.
Our policy covers powered and non-powered portable handheld tools of all types belonging to you or your employee(s), as well as hired or leased items.
Plant is large or heavy machinery and equipment (like concrete mixers, cranes and forklifts). Plant isn’t handheld, and is not covered under our policy.
The limits available under the policy are £1,000 – £15,000. There is no single article limit and the maximum amount payable is the total sum insured.
Our policy will pay the value to replace the item in a condition equal to, but not better than its condition when new.
Find out more about how much we will pay if you need to claim
We’ll pay to return the item to the working condition it was in immediately before it was damaged.
Our policy doesn’t cover damage to any tool caused by its own breakdown, explosion, or loss by disappearance or by shortage, which is only discovered by a routine inventory or periodic stock-taking.
Yes. Tools that belong to you and your employees are covered under the policy – with the same terms of business and exclusions detailed in the policy schedule.
Excesses are the amount we deduct from any money paid to you if you make a valid claim and it’s paid. The amount depends on the level of cover you chose.
Zurich Ltd, one of the world’s largest insurers. Zurich Ltd provides the support you need for your insurance, as well as a 24 hour claims line if you need to claim.
Mobile phones, smart phones, smart watches or similar wearable devices are not insured under our policy.
When selected, our Personal Tools cover provides 24 hour cover for loss of, or damage to, powered and non-powered hand held tools of all types belonging to, leased to, on hire purchase, loan or hired to you or your Employees.
Your personal tools are likely to be a critical part of your work as a tradesperson, and therefore knowing that they are adequately protected is likely to be a key consideration.
Any more questions?
If you have a question about tools insurance we haven’t covered, please ring us on 0800 0280 380.