Tools & Equipment Insurance
Are Tools Covered While Being Transported?
Yes — coverage in transit is a core feature of tools and equipment policies. Your gear is covered whether you’re transporting it in your truck or shipping it.
Call (234) 231-8427 — Mon–Fri 9AM–5PM EST
Does tools insurance cover tools during transport?
The ‘floater’ nature of tools and equipment insurance means coverage follows your property wherever it goes — including while in transit. If tools are damaged in a vehicle accident during transport, your tools policy covers the equipment loss (your commercial auto covers the vehicle damage).
If you ship tools via freight carrier and they’re damaged or lost in transit, your tools policy covers that too. The carrier’s liability is often limited and slow to pay — your own policy is faster and more reliable.
One key point: tools damaged in a vehicle accident are covered by the tools policy, not commercial auto. Commercial auto covers the vehicle; the tools policy covers the contents. Both policies working together ensure complete recovery.
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.