Equipment Insurance

Protect what goes with you outside your business location.

equipment liability insurance ohio

What is Equipment Insurance?

Your tools are a vital part of running your business, and if they are stolen, damaged, or lost, your business can face downtime as well as the costs of repairing or replacing this equipment.

Equipment insurance can help protect you from the costs resulting from damaged or lost equipment. This coverage is available as an add-on to your general liability insurance.


Who Needs Equipment Insurance?

Businesses who bring their own equipment or tools to job locations will want coverage to protect their tools. This includes businesses such as:

  • Contractors
  • Construction
  • Carpenters
  • Electricians
  • Plumbers
  • Landscaping
  • Concrete/Cement
  • Cleaning businesses


What is Covered by Equipment Insurance?

Equipment insurance covers small tools and mobile equipment. This can include things like toolboxes, power tools, safety gear, ladders, lights, and heavy equipment.

The policy can insure against damage from work incidents, vandalism, and theft. The equipment covered can be those of the business itself, the business’ employees, and, depending on the specifics of your policy, equipment borrowed from someone else.


What Isn’t Covered by Equipment Insurance?

While equipment insurance can help cover the cost of equipment damaged from workplace incidents, it does not cover wear and tear from general use. Additionally, it won’t cover rented equipment.

To make sure you have the coverage you need for all aspects of your business, get in touch with one of our agents to discuss your needs. We’ll be happy to put together a policy bundle that works best for you!

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