
Why Contractors Need Tools & Equipment Coverage
April 6, 2024
Simply put, your tools of the trade are your livelihood; therefore, protecting them should be a top priority. When tools and equipment in transit or on different job sites are stolen, vandalized, or damaged, it’s expensive to replace them, and without the right insurance policy, you’ll be on the hook for the cost.
The cost of tools and equipment can run tens of thousands of dollars and up, depending on the type of contract work you perform. If these tools are damaged, it may take
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