Theft of tools out of your company cars and trucks causes massive delays to projects and can be quite costly if you aren’t covered. Getting those tools replaced as quickly as possible will get you and your crew back on-site and productive.
The trouble is business personal property doesn't cover items once they leave your yard. Therefore, having the right insurance that covers tools and equipment, even while off premises, is critical. What you need is an inland marine policy.
Inland marine coverage, even though it has an odd name, is for mobile equipment and tools. Think of the important stuff you take with you from job to job. Anything from excavators to your small tools can be easily protected with this coverage. Which means that in the scenario your truck is wiped clean on a job site, inland marine will blanket cover every item $2,500 or less in value while only paying one deductible.
In addition, you can individually schedule items with a greater than $2,500 value, allowing you to customize your coverage.
Luckily, this can be easily added to your business insurance policy with a short phone call.
Give us a call or fill out the form below and one of our local, licensed, independent agents will contact you to start a no-obligation estimate.
Our commercial services team has over 100 years of combined experience in business insurance. We can work together and be a partner in your success, while taking away the worry of having the right insurance.