Comprehensive Coverage for Construction Professionals
Comprehensive protection for tools and equipment whether at the job site, in transit, or in storage. Essential coverage for Bergen County contractors.
Your tools and equipment are essential to your livelihood. Inland marine insurance (also called contractors equipment coverage) protects these valuable assets wherever they go. Unlike property insurance that covers items at fixed locations, inland marine follows your equipment from job site to job site, providing the mobile coverage contractors need.
Protect the tools that keep you working
Hand tools, power tools, and testing equipment
Excavators, loaders, and heavy machinery
Specialized equipment for specific trades
Job site equipment and temporary structures
Coverage for rented and leased items
Tools stored in vehicles and trailers
Stolen tools from job sites, vehicles, or storage
Damage from accidents, drops, or mishaps
Items that go missing with no explanation
Damage from fire, wind, hail, and lightning
Malicious damage to equipment
Protection while moving between locations
Gradual deterioration from use
Internal mechanical or electrical failure
Cover all tools up to a limit without scheduling each item
Options starting at $250 for smaller claims
New equipment value, not depreciated amount
Coverage throughout US and sometimes internationally
Automatic coverage for new purchases (limits apply)
Rent replacement equipment while yours is repaired
Get an accurate quote based on your specific needs
Get Custom QuoteTheft coverage replaced all tools
Outcome: $12,000 in tools replaced
Direct damage paid for repairs
Outcome: $45,000 repair covered
Mysterious disappearance coverage applied
Outcome: $8,000 replacement paid
For expensive items over $5,000, scheduling provides broader coverage with agreed values. Blanket coverage works well for hand tools and smaller equipment, covering everything up to a per-item limit without listing each tool.
Yes, inland marine covers tools in vehicles, but insurers may limit theft coverage from unattended vehicles. Installing additional security like tool boxes, alarms, or GPS tracking can improve coverage and reduce premiums.
Commercial property covers items at your business location. Inland marine covers mobile equipment wherever it goes - job sites, vehicles, or temporary storage. Contractors need inland marine because their tools rarely stay in one place.
Inland marine can cover rented or leased equipment, protecting you from rental company damage claims. This is often cheaper than rental company insurance and provides broader coverage. Always verify coverage before declining rental insurance.
Keep an updated inventory with photos, receipts, and serial numbers. Many insurers provide apps for easy documentation. Good records speed claims and ensure proper coverage. We provide inventory templates to all clients.
Consider these additional coverages for comprehensive protection
Get your Tools & Equipment Insurance quote in minutes. Our experts are standing by to help you find the right coverage.