Affordable, high quality contractors’ tool insurance and tradesman tool insurance
Tool insurance protection
During the day, you’re more likely to be relaxed about the security of your tools. You’ll trust that the security of the site you’re working on is effective and you also might be working closely to your vehicle, continuously returning to it as you work. Naturally, theft might be the last thing on your mind.
However, if you leave your tools unattended while working on site or in a work vehicle overnight your standard contractors’ insurance or tradesman insurance policy might not cover you for theft. So, it’s worth checking if you’re covered whether your tools are kept in a vehicle or on-site.
Keep a tool inventory
You may have quite a collection of tools that you’ve built up throughout your working life, and you may not know how much it is all actually worth. Keep an inventory of your tools and equipment, including documents that show your ownership (receipts), calibration certificates, and serial numbers. This means that if you do suffer a loss, the cost can be calculated accurately. For older tools, you may also want to keep photographs.
Business vehicle insurance
Your tool insurance policy is able to cover the cost of your tools and equipment, but your business vehicle insurance will be separate. You’ll need separate cover to protect against vehicle theft. You can review our Business Vehicle Insurance solution here.
Our tool insurance cover
As well as tradesman tool insurance cover we also offer the following tradesman insurance covers:
And, the best bit...
Registered NICEIC contractors get 10% off the cost of their electrical contractors insurance!
We offer as standard*
-
Cover for contract works.
-
Cover for loss or damage to tools and office equipment.
-
Cover for temporary employees up to 50 days per year.
-
Cover for your own plant and hired in plant.
-
Employers liability cover of £10 million.
-
Free 24 hour business legal helpline.
-
Goods in transit.
-
Public liability cover limits – £1 million, £2 million or £5 million available.
The power behind your business
NICEIC Insurance Services has the power to help protect your tools and provides you with peace of mind, so you can focus on doing your job.
The essential insurance for work tools can be extended to include a range of optional extras, such as employers’ liability cover of £10 million, to deliver personalised tool insurance protection to suit your individual circumstances.
Why choose us?
NICEIC Insurance Services is part of Marsh Commercial, an award-winning** expert in insurance and risk management. We currently provide more than 35,000 business insurance policies for over 21,000 customers across the UK, so it’s safe to say we have the experience and expertise to help our business insurance customers obtain the cover they’re after, at the right price.
We’ve the experience and expertise to help you find the insurance you’re looking for. We’re part of a global insurance broker, so we employ the size and scale of our business to help negotiate with insurers the best possible price and cover we can, for the benefit of our customers.
Rest assured, we’re here to support you during the lifetime of your insurance – from setting up the cover, right the way through to renewal, and importantly we provide a professional claims advocacy service to look after you every step of the way in the event of a claim.
*Cover may differ dependent upon insurer and terms, conditions, and exclusions apply. You can request full details by simply contacting us.
** marshcommercial.co.uk/about/
Read our latest related articles
Registered NICEIC contractors get 10% off their electrical contactors insurance!