Tools & Equipment Insurance
Does Homeowners Insurance Cover My Contractor Tools?
No — homeowners insurance excludes business property used for business purposes. Your work tools need a separate commercial tools policy.
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Will my homeowners policy cover tools I use for my contracting business?
Homeowners insurance covers personal property — items you own for personal use. The moment you use property primarily for business purposes, most homeowners policies exclude it or apply very low sublimits.
Even if your homeowners policy includes some business property coverage (typically $2,500–$5,000), it usually applies only at your home — not at job sites, in your truck, or at storage units where contractor tools actually live.
A contractor’s tools and equipment policy covers your work gear at any location for a few hundred dollars per year. It’s the right coverage for the right risk — and it doesn’t jeopardize your homeowners policy by mixing business and personal claims.
Get the right tools coverage today.
Trade Safe shops dozens of A-rated carriers to find you the best tools & equipment policy for your trade.