Does Contractors Insurance Cover Tools and Equipment?

One of the most common questions we hear at All City Bird Road Insurance is whether standard contractors insurance policies cover tools and equipment. Contractors insurance is not a single policy, but a combination of coverage that can help contractors manage different risks. While details vary, a standard policy may offer:

• General liability insurance, which covers claims of third-party bodily injuries and property damage
• Workers’ compensation insurance, which covers medical expenses and lost wages for injured employees
• Commercial auto insurance, which covers vehicles used for work purposes against damage caused by covered risks
• Inland marine insurance, which can cover tools during transport
• Builders risk insurance, which may cover tools stored temporarily at a jobsite

Each policy has defined limits and exclusions, so reviewing your specific terms matters.

How Are Tools and Equipment Protected?

To specifically cover your equipment, you may need to add tools and equipment coverage or a separate inland marine policy. These options can help cover loss, theft or damage to items such as:

• Hand tools and power tools
• Heavy machinery and equipment
• Jobsite materials in transit or storage

It’s important to note that coverage details can vary. Some policies may only cover tools up to a certain value or may exclude losses that occur off-site or after work hours. Reviewing your policy with our agents can help you check inclusions and exclusions.

Get the Right Coverage

At All City Bird Road Insurance, we work with Florida contractors to tailor insurance solutions that address the real risks they face every day. If you’re unsure whether your current policy covers your tools and equipment, or if you want to explore additional protection, we’re here to help.

Contact us today to request a quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.