Insurance for tools

We cover tools and equipment that is stolen or damaged during the day. When the items are left unattended, they must be secured in a locked building or in a vehicle where all points of access are locked.

Also covered, are tools and equipment left unattended overnight in your home, garage or lock-up, if your home, garage or lock-up are secure and locked.

If you want your tools to be covered when left in your vehicle overnight, giving you 24-hour tools cover, read more here.

Cover limits for tools owned by business owners, partners or directors are:

• Up to 5 workers - £40,000
• Up to 10 workers - £50,000
• Up to 15 workers - £75,000

Cover limit for tools owned by your employees - up to £10,000 per person, per claim. Excess per claim - £100

If you're concerned about your tools getting stolen overnight from your vehicle, you can upgrade your Tools and Business Equipment insurance to include Overnight Tools Cover, for an additional premium.

With Overnight Tools Cover, you'll be covered whether your vehicle is parked in the street, on your drive or in a hotel car-park while working away.

To get 24/7 cover for tools left in your vehicle overnight - anywhere in the UK and EU:

1. Select 'Tools and Business Equipment Cover' and any other cover you need
2. Enter details about yourself, your business and people in your business
3. When asked about 'Tools and Business Equipment' answer 'Yes' to the question: 'Our standard cover excludes theft from a vehicle overnight. Would you like to add cover for overnight theft of your tools and business equipment from a vehicle?'

If you're an existing customer and can't add Overnight Tools Cover to your Tools and Equipment Cover, call us on 0345 303 1761.

Cover conditions for theft of Tools and Business Equipment from a vehicle overnight

• Your vehicle must be secured at all points of entry and any alarms or immobilisers must be set.
• You must be a UK resident to have tools cover in the UK and EU.
• Tools must be hidden from view and removed when the vehicle is not being used for business purposes for more than five consecutive days.
• Cover excludes electrical items such as laptops, cameras, mobile phones, removable satellite navigation systems, and handheld survey equipment etc.
• There is a limit of £10,000 per claim and a single article limit of £1,500.
• An excess payment is required if you make a claim. You will have to pay 10 per cent of each and every claim, with a minimum contribution by you of £100 up to a maximum contribution by you of £500.

When much of your business is generated by word of mouth and positive reviews, maintaining a good reputation is vital. But if your tools get damaged or stolen, you risk having to cancel jobs at the last minute and disappointing clients.

Tools insurance enables you to replace your tools quickly if you need to, so you can continue completing jobs to a high quality and on time.

Personal accident cover provides payment if anyone in your business between the ages 16-75 is unable to work because they've been injured in an accident, whether in a business or personal capacity.

We'll pay a lump sum of £50,000 if there is an accidental death, accidental loss of limbs or sight, or if someone in your business becomes permanently disabled following an accident.

If someone in your business is unable to work due to a temporary injury, then after 7 days we'll pay their normal net weekly earnings up to £500 for up to 104 weeks.

You can choose Personal Accident as an add-on once you've completed your quote.