Insurance for Contractors Tools and Equipment
If you’re looking for contractors insurance for tools and equipment contact Pathway Insurance at 1-800-998-0662 we offer contractors insurance for most trades in the construction industry.
In the remaining states we have developed an agent referral network. Click here to visit our partners page.
A request for an online quote is also available when you click on: Insurance for Contractors Tools and Equipment.
Don’t Assume Your Roofing Contractors Insurance Policy Covers Your Equipment and Tools!
The typical general liability roofing contractors insurance policy does not include coverage for tools and equipment.
Example: The Riff Raff Roofing Company has a crew of employees working in the Sunnyside Ridge apartment complex on July 15th and it just so happens to be the hottest day of the year. At lunch time the team decides to go to McDonald’s and sit in the air conditioning for their lunch break. No one stays behind to keep watch on their equipment and tools, the team leader Greg assumes everything would be okay.
As soon as the crew heads off to McDonald’s, 2 guys from one of their fiercest competitors sees that the entire crew left unattended all of their equipment and tools and they decide to relieve the Riff Raff Roofing crew of three ladders, two compressors, and eight nail guns plus a tool box with a value of $2917.
The Riff Raff Roofing crew returns within the hour and discover the theft. They call the owner, Tommy Riff Raff to report the theft.
Tommy Riff Raff contacts his insurance agent to file a claim and his agent advises him that he forgot to purchase property coverage for his tools and equipment.
Would Commercial Auto Insurance Pay for Theft of Tools on a Covered Work Vehicle?
Unfortunately the answer is no. For tools, equipment, and supplies to be covered you need to purchase property coverage for contractors.
In some cases this can be added as an endorsement to a commercial package policy that includes general liability insurance. Other companies offer a business owners policy for contractors, or depending on the type of tools and equipment you own you may need to purchase an inland marine policy for roofers.
Call Pathway Insurance Today When You Need Any Type of Roofing Contractors Insurance!
Call 1-800-998-0662 to speak with one of our licensed representatives Monday through Friday 9 AM to 5 PM.
Keep in mind we also offer rate quotes online seven days per week. Click on Insurance for Contractors Tools and Equipment, General Liability Insurance, Commercial Auto Insurance, and Workers Compensation Insurance. (Not available in all states)
General LiabilityThe Commercial General Liability Policy typically extends coverage for property damage, bodily injury, personal and advertising injury and medical payments as long as it is not excluded in the liability section of the general liability insurance policy that you purchase.
Choosing the correct amount of coverage is important to protect yourself or your company financially.Call us at 800-998-0662 to discuss your business insurance needs.
Commercial AutoIn addition to general liability insurance you may also need to purchase commercial auto insurance for your work vehicles.
Property damage or injuries caused with vehicles used in your business and insured under a personal auto insurance policy could be denied by your personal car insurance company.
Call us at 800-998-0662 to see if you might be eligible for an artisan insurance policy.
Tool CoverageDid you know that your tools, equipment, and supplies are not covered by your general liability or commercial auto policy?
Example: $2,000 of tools are taken from your truck and a claim is submitted to both policies...your company will not cover the claim!
You need to add coverage for tools, equipment, and supplies to your policy for coverage to extend.
Call us at 800-998-0662 to learn how your tools and equipment may be covered.
Workers’ Comp.Workers compensation insurance is likely the law for the state in which you do business.
In some cases we can obtain Workers compensation insurance for roofers.
Call us at 800-998-0662 to learn if workers compensation for roofers is available in your state with our company. Workers comp is not available in the state of Ohio.