Tool insurance is designed to protect your business against the costs associated with replacing your tools should they get damaged, lost or stolen. This insurance can also cover portable electronics, phones and stock you carry around with you.
As a tradie, you rely on your tools to get the job done. Nowadays, tools come with a hefty price tag and it’s important to protect your investment should anything unexpected happen. That’s why having the right tool insurance in place is essential for any tradie, no matter your trade. The right policy can cover the replacement of your tools, should they be stolen or damaged.
We understand the importance of having the right protection in place. That’s why we offer a range of equipment insurance policies to suit any tradie. From electricians, plumbers, painters to carpenters, you can be sure that our comprehensive policy will cover the tools of your trade.
Our tool insurance policies are tailored to safeguard your valuable tools from theft or damage, no matter where they are stored your vehicle, workshop, or on-site. Our policies will provide coverage all over Australia, allowing you to travel with the peace of mind that your tools are protected in the event of an accident or theft.
Insurance Policies For Every Price Range
At Insurance for Tradies, we understand that each customer is different and has unique needs and financial capabilities. That’s why we provide a wide range of insurance policies aimed at accommodating every budget. Whether you own a vast kit of tools or valuable equipment, we have the ideal coverage solution for you.
Our comprehensive coverage for portable tools and equipment considers the overall value of your gear, not the individual items. This means it’s more convenient for those who own various low-value tools, as there’s no need to list each tool separately. Plus, we offer a higher coverage limit of up to $3,000 per item, which means that you can get enhanced protection for all your tools and gear.
If you own equipment valued over $3,000 each, you can rely on our specialised tool insurance for tradies. This insurance is tailored to meet your specific needs, ensuring that each valuable item is well covered. We make sure to clearly note each item, providing you with comprehensive protection for your high-value assets.
No matter what your budget is, or how much your tools and equipment are worth, we believe that our policies can meet your requirements. We strive to offer flexible coverage options that provide peace of mind for everyone, regardless of their budget.
How can we help you?
We keep our processes quick, simple and affordable. If you want a quick quote straight away and don’t want the hold music, give us a call.
Would highly recommend, helped me organise my business insurance, was very knowledgeable and quick to answer all questions.
Got me the cover for my business, for about the same price as my current broker, but with the exception of the cover I needed. Much better value for money.
Reasonably priced and always available.
Plumbers, electricians, carpenters, and other tradies who rely on their tools of trade to get the job done. It’s essential for any tradie to protect their valuable tools in case something unexpected happens.
No, both terms are usually used to indicate the same type of insurance, which covers tools and equipment from theft or damage. In Australia, this type of insurance is often referred to as tools of trade insurance, but the terms “tool insurance” and “equipment insurance” are also commonly used.
No, in Australia, there is no legal requirement to have insurance for equipment. However, insurance requirements can vary between states and territories, so it is important to check the relevant legislation in your state or territory. It is highly recommended that you obtain this type of insurance as it can offer you financial protection in the event of theft or damage to your tools and equipment.
Yes, this type of insurance usually covers accidental damage to your tools and equipment. Depending on the insurer, some policies may also offer protection against malicious damage or even loss of personal items.
The cost of tool insurance will vary depending on the value of your tools and equipment, as well as the type of coverage you choose. Insurance for Tradies offers Broad cover for tools under $2,500 and Itemised cover for tools over $2,500, which means that you can get the right protection for your budget. Contact us today, and our friendly team will help you find the best coverage solution for you.