The Benefits of Tools and Equipment Insurance
As a contractor, your tools mean everything to your trade. You use them to complete projects and without them, your work would be impossible. At Contractors Mark, we strive to offer our clients protection for every loss imaginable, so they can focus on building and maintaining thriving businesses. Our tools and equipment coverage protects your property from damage, vandalism, and theft.
At Contractors Mark, our tool and equipment insurance covers the daily tools used in your business operations. Hand and power tools are especially vulnerable, as they are brought from job site to job site and exposed to outside influences. We understand that you can’t bring every piece of equipment home with you when you leave a job for the day, which is one of the reasons tools and equipment coverage is beneficial to contractors. Most contractors have equipment at a variety of job sites, at their homes, and at their businesses. Regardless of where the loss occurs, Contractors Mark will work with you to provide fast and effective coverage for your claim.
There are numerous ways in which equipment can become damaged and lost, especially in a construction zone or on the road. Small tools are easy to steal, and at job sites with multiple contractors, it’s possible that someone could accidentally remove a piece of your equipment with their own, or maliciously take an entire toolbox. On the road, tools can be stolen out of trucks. In the event of a car collision during transport, tools and equipment can become damaged. At sites, falling debris and mishandled equipment can also result in damage or loss. With tools and equipment insurance in place, unexpected disasters end where they begin and don’t amount to staggering costs for you.
Tools and equipment coverage is an excellent resource to have in the event of a substantial loss or damage. Whether it’s a bobcat or a hand drill, if your property becomes damaged, it’s imperative that it be replaced as soon as possible. Without your equipment, you lose valuable time and productivity, which is a poor reflection on your business and can cost you clients and contracts. When you have Tools and Equipment Insurance, you don’t have to sweat coming up with thousands of dollars if your valuables are ruined or disappear. After you pay the deductible outlined in your contract, Contractors Mark picks up the rest of the tab. This allows you to get back to business sooner and takes the burden of cost off of you.
At Contractors Mark, we believe your time is valuable, so we’re always ready to answer your questions and provide helpful information to keep you safe from life’s curveballs. Since 2000, we’ve provided affordable and comprehensive coverage to the greater Dallas area. Let us help you next. If you’re ready for a free quote, call us to speak with a knowledgeable representative who will discuss your options, or fill out the information below for a quick online estimate.