General liability protects your business from expenses related to damaged property that belongs to someone else, your own tools and equipment would not be covered unless you have tools and equipment insurance.
Tool and equipment insurance will pay to replace or repair your tools and equipment if they are stolen, lost or damaged. (This insurance does not cover rust or normal wear and tear.)
We recommend tools and equipment insurance for anyone who brings their own equipment to different locations in order to complete the job.
What is covered:
- Equipment owned by you
- Employee tools
- Rented equipment (not offered with basic coverage)
You’ll be covered if:
- Your equipment is stolen from a trailer
- Your tools are stolen from a job site
- Someone damages your equipment