A tradie working on a commercial building locked up his tools before leaving the worksite at the end of the day. The next morning when the site was opened his tools were nowhere to be seen. A double whammy – no tools and potentially a contractual penalty for delaying the work. Luckily, the tradie was insured, the claim was dealt with quickly and he was able to replace his tools in time to avoid all penalties.
What’s a tradie without their tools? While there’s an endless list of things to worry about when running your tradie business, sorting out your tool insurance should be near the top of your to-do list. Getting your tools stolen or lost could have a massive impact on your business. And just like the poor bloke in the above example, you might not only have to face the financial cost of replacing them, but battle lost work, penalties and a tarnished reputation.
For tunately, Tool and Por table Equipment insurance is there to cover you for loss and damage to items of portable equipment associated with your business. This type of insurance can protect you from loss or damage caused by theft following forcible and violent entry to locked vehicles or locked buildings and theft of equipment securely attached to a vehicle through the use of locks or padlocks. And it’s not just your trusty spanner that is covered. Specific por table equipment can include items such as photographic or video equipment, mobile communication equipment including telephones and radios, and even electronic equipment such as computers, diaries and GPS units. BizCover provides a stress-free experience when it comes to getting your business insurance sorted. So what are you waiting for? Don’t be that unlucky tradie that everyone talks about onsite who had to fork out thousands and missed a couple of jobs over some stolen tools. Visit bizcover.com.au and get a quote today.
This information is general only and does not take into account your objectives, financial situation or needs. It should not be relied upon as advice. As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. ©2022 BizCover Pty Limited, all rights reserved. ABN 68 127 707 975; AFSL 501769