What is Tools and Equipment Insurance?

Tools and equipment insurance covers tradespeople and contractors for loss or theft of their tools and equipment, including those kept in a van overnight. Standard public liability and vehicle insurance policies generally do not cover tools, making a dedicated policy essential for sole traders and small contractors whose income depends entirely on their kit. Policies specify a single-item limit and an overall limit; high-value items may need to be individually listed. Theft from an unattended vehicle is one of the most common claims and many policies apply specific conditions — such as requiring tools to be stored in a locked, steel-lined van and out of sight.