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Tools & Equipment Coverage
Coverage

Tools & Equipment Coverage

Tools and equipment coverage protects your owned diagnostic gear, lifts, and hand and power tools against covered loss — on the premises and, where written, off site.

What it covers

This line covers your owned business property used to do the work: scan tools, lifts, compressors, hand and power tools, and diagnostic equipment. Covered on a scheduled or blanket basis, set to your shop’s equipment and subject to appetite.

Scheduled vs. blanket

Equipment can be covered on a scheduled basis (specific items listed) or a blanket basis (a pool limit for unspecified items). Which approach the program uses is to be confirmed. Coverage is governed solely by the terms of the issued policy.

Common questions

Auto repair coverage, answered.

Are my personal tools covered?
It depends on the policy and whether they’re scheduled. Coverage is governed solely by the terms of the issued policy; confirm at quote.
Is equipment covered off the premises?
Sometimes, depending on how the coverage is written. Confirm off-premises terms at quote.
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Related coverage

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Coverage spec’d for auto repair shops. Tell us about your bays, headcount, and the work you do.

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