Commercial Auto Insurance
Are Tools Stolen From My Truck Covered by Insurance?
No — commercial auto does not cover tools stolen from your vehicle. You need a separate tools & equipment policy for that protection.
Are my tools covered if they’re stolen from my work truck?
This is one of the most common and costly coverage gaps contractors discover too late. Commercial auto covers the vehicle — but the tools inside are contents, not the vehicle itself, and are excluded from commercial auto coverage.
A break-in that steals $20,000 in power tools from your truck results in a $0 commercial auto claim. To recover for stolen tools, you need either a tools & equipment policy or a BOP with inland marine coverage.
Tools & equipment policies are relatively inexpensive — typically $300–$800/year for $20,000–$50,000 in coverage — and worth every penny for contractors who carry significant tool value.
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