Tool Insurance Cover – Check the Small Print for Total Protection
Working in the trade means you need to take extra precautions when it comes to things like insurance. You want to be confident that your livelihood is protected should any incidents occur, and don’t forget about the importance of tool insurance cover. It’s all too easy to overlook this most essential of policies but it can be invaluable should your tools be lost, damaged or stolen, and as long as you remember to check the small print you can be confident in being totally protected.
Checking and double-checking the small print is probably one of the most important things you can do when you get this policy, because if you’re not aware of any exclusions you could get a nasty shock should your claim be denied. Many policies stipulate, for example, that they won’t be able to replace any tools that have become damaged as a result of their own breakdown, nor will they accept your claim if the loss was only discovered after a routine inventory.
Your own security measures will be another aspect covered in the small print. You need to make sure that your tools are properly secured at all times if you don’t want to void your policy, and this means that, if your tools are unattended, they need to be stored in a locked and fully secure vehicle, a locked building or storage unit.
So, if you want to make sure that you can enjoy total protection from your tool insurance cover, make sure to check the small print when you get your policy and adhere to any criteria closely. Doing so will ensure you won’t be disappointed should you need to make a claim, and you can get on with your work whilst being safe in the knowledge that your tools are covered for every eventuality.