Your tools are how you earn. Tools and equipment insurance is designed to help cover theft, loss or damage to the gear you carry between jobs.
Tell us a little about your business and we’ll be in touch to discuss your insurance requirements.
For most tradies, a stolen toolbox or a damaged generator costs more than the price of replacing it. It can mean lost days on the job while you sort out new gear. Tools and equipment insurance (sometimes called general property or portable equipment cover) is designed to help protect the tools, equipment and materials you take from site to site.
Policies differ in where your tools are covered (on site, in a locked vehicle, at home or in storage), whether theft from an unattended ute is included, how individual items are limited, and whether claims are settled on a new-for-old or indemnity basis. As your broker, we compare the wording as well as the price, so you know what you’re getting before you need it.
We arrange tools cover for electricians, plumbers, carpenters, glaziers, tilers, boilermakers, refrigeration and air conditioning technicians, insulation installers and many other trades across Australia.
Tell us a little about your business and we’ll be in touch to discuss your insurance requirements.
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Is designed to help protect hand tools, power tools and portable equipment against theft, loss or accidental damage, subject to policy terms.
02
Cover for tools kept in a locked vehicle or toolbox may be available, often with conditions such as the vehicle being locked and items kept out of sight.
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Is designed to help protect your business against claims for third-party injury or property damage, subject to policy terms.
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Larger items such as mini excavators, trailers and machinery are usually insured separately under plant and equipment cover, subject to policy terms.
Depending on your trade, cover such as commercial motor, personal accident and illness, or contract works may also be worth considering, subject to policy terms and eligibility.
Tools stolen from a ute or van overnight
Break-ins at a site shed or lock-up
Equipment dropped, damaged or lost on site
Theft from a site left unattended between shifts
Tools damaged in a vehicle accident
Testing or diagnostic equipment damaged in transit
Important: The information provided on this page is general in nature and does not take into account your individual circumstances. Insurance cover, terms, conditions and exclusions vary between insurers and policies. Your insurance requirements will depend on your business activities, contracts, assets and individual circumstances. Please refer to the relevant policy wording and documentation for full details of cover. The risks listed above are general examples only, for illustrative purposes, and do not confirm that your individual policy will respond to any particular claim.
Tools and equipment insurance is generally designed to cover theft, loss or accidental damage to the portable tools and equipment you use for work. What’s included, and where, depends on the policy. We’ll explain the key conditions before you choose.
Some policies cover theft from a locked vehicle, often with conditions such as signs of forced entry or items being out of sight. Others limit or exclude it. It’s one of the most important things to check, and we look at it for you.
Many policies apply a limit to any single item unless it’s listed separately. If you have expensive items, such as laser levels, testing equipment or a generator, it’s worth specifying them.
Public liability is designed to respond to claims from others for injury or property damage. It generally doesn’t cover your own tools, so tools cover is usually arranged separately or as part of a trade package.
Yes, many tradies combine tools cover with public liability and other covers in one package. We can look at both options for you.
Tell us about your trade and the tools you carry, and one of our brokers will be in touch.
TRADE INSURANCE
Liability, tools and vehicle cover options for tradies and contractors
Business Insurance
Cover options for utes, vans and work vehicles, subject to policy terms
Business Insurance
Cover options for people working for themselves, subject to policy terms
Business Insurance
Contract works and liability cover options for building projects, subject to policy terms
