Tools insurance

Insurance for the tools of your trade

For the majority of small businesses, work tools are crucial. If yours were lost, stolen or damaged, would you have the backup to keep work ticking over? Having tools insurance in place lets you get on with what’s important, without the worry.

Whether it's hired equipment or your own personal tools, our insurance can have you covered. We can insure hand tools, power tools and plant equipment against loss, damage or theft.

Our tool cover is available when you buy public liability insurance. Just use our simple form to build a business insurance policy that’s tailored to you.

Cover from £5.47 a month, get insured in minutes. (10% of direct debit customers repay their annual policy in 10 monthly payments of £5.47 or less across all our trades insured. Based on data from 1 Jan 2021 - 31st August 2021, for comparison only. Cancellation charges may apply, please refer to our full terms & conditions.)

How tool insurance works

With Simply Business, you can insure up to £10,000 worth of tools and equipment. The level of cover you need will depend on your business, and what kind of tools you’re insuring.

In a nutshell, tools insurance can cover your hand-tools, power-tools and equipment against loss, damage or theft. If you need insurance for tools in your van, a hired plant, machinery, stock or contents you can get cover for these as well, all wrapped up in the same policy.

Add tool cover to your policy

If you already have a policy with us and want to add this cover, give our team a call on 0333 014 6683. We’ll check you’re eligible, and help get you up to date.

Tool insurance policy details

It’s very important to make sure you understand what you need from your tools insurance. Use the check points below to get you thinking.

• Check the policy documents before you buy for exclusions and excesses. For example, your tools may only be insured overnight if the right security is in place
• Don’t underestimate the value of your tools
• If you decide this cover’s right for you, you’ll need to add it on to your full business insurance policy

Tools in transit insurance

To ensure your tools are insured against the risk of damage or theft while they're in transit, check your policy documents to make sure that goods in transit cover is included.