TOOLS IN TRANSIT INSURANCE
The tools of your trade are vital to the success of your business. So why take unnecessary risks with your livelihood?
Tools in Transit insurance protects your tools while they’re being driven in your van, during loading or unloading, and even if they are kept overnight in your van, subject to security requirements.
- Loss or damage to tools is covered up to a maximum limit of £5,000, subject to a £100 excess, for just £69.00 a year.
- If you need to keep your tools in your van overnight, we’ve got it covered – as long as you keep your van in a locked garage or compound or, as long as it is alarmed, on your driveway.
- From builders to plumbers, carpenters and plasterers, the policy is perfect for all types of tradespeople who regularly carry tools in their vans.
WHAT IS TOOLS IN TRANSIT INSURANCE?
Tools in Transit covers all your tools while they are either being carried in, or loaded or unloaded from your van, as well as overnight, subject to security.
The policy covers theft, loss or damage to tools up to a limit of £5000, subject to a £100 excess. You can view full details of cover in our policy booklet.
WHAT IS MEANT BY “TOOLS”?
The policy covers property belonging to, or for which the insured is responsible incidental to their businesses, so the scope of cover is quite broad and is not restricted to hammers and chisels!
WHY DO I NEED IT?
Every business needs to protect the tools to enable them to carry on their day-to-day work as seamlessly as possible. And if you carry your tools and equipment in your van, you will not be covered for their theft, loss or damage under most comprehensive van insurance policies in the event of a loss.
That’s why you may benefit from a separate, inexpensive, Tools in Transit policy to make sure you can quickly replace your tools and carry on your business.