You will be logged off in  seconds due to inactivity and risk losing your quote. Click here to continue using this web page.

Is Tool Insurance Necessary?

Rhino Trade Insurance 05 April 2021

Unlike other insurance policies, tools insurance is a more specialised type of cover. This form of insurance has a clear benefit for tradesmen where tools are an essential part of their day to day service.

Most people who work in the trades know that quality tools are expensive and sometimes hard to come by. Tools and machinery are often one of the biggest expenses for trade-based businesses and can be very costly to replace if stolen or damaged. To be without essential tools for any period of time will significantly impact a tradesman's ability to work. Having the right cover in place is extremely advantageous to protect against these kinds of situations.

The last thing anyone expects is to be a victim of theft or burglary. The unfortunate reality is that thieves are out there who know the value of specialised equipment. Tradesmen are often targeted by these individuals and the consequences for these petty crimes can be very dear for small businesses.

Damage to tools is another unpredictable occurrence for people working in trades. Again, being without the necessary tools to complete a job could be damaging for a trade-based business financially and also affect your reputation if you can't complete a project!

Is Tool Insurance Necessary?

Being without insurance for your tools leaves your business vulnerable in the event you're without equipment for any length of time. If the worst should happen, making a claim is straightforward - give our UK-based support team a call to find out more.

At Rhino, we offer up to £10,000 cover for the damage or theft of portable tools in transit. We'll cover the cost of repair or replacement, so you don't need to worry in the event something happens to your tools. Our tool insurance includes options for multiple trades and business activities and is available instantly online.

For full details check out the tools insurance FAQs or give us a call on 0116 243 7904.


How To Create Payslips as a Trade Business
How To Create Payslips as a Trade Business

Rhino Trade Insurance 04 March 2024

Here, we'll unravel the mystery behind creating payslips for your trade business, ensuring you stay on the right side of the taxman and keep your team happy.

Read more

The Impact of Insurance on Health and Safety in Trades
The Impact of Insurance on Health and Safety in Trades

Rhino Trade Insurance 04 March 2024

If you make your living in the trades industry then you will have a better grasp than most people about the importance of health and safety.

Read more

New Driving Laws in 2024 - What You Need To Know
New Driving Laws in 2024 - What You Need To Know

Rhino Trade Insurance 03 March 2024

Driving laws are getting a makeover From electric to stricter penalties, Rhino Trade Insurance has the lowdown on what you need to know to keep your wheels rolling smoothly.

Read more

Get an Instant Quote

Tell us your trade and get a tailored insurance quote for your business in seconds

TALK TO AN EXPERT

Our team of experts are available to talk to Mon-Fri 08.30-17.30 and Sat 10.00-14.00

online chat

Online Chat

Our team are online during office hours. Send a message if you have a query.

call

Call

Call our team of experts during the office hours noted above.

Form

Not ready to talk?

No problem. Fill in our quick form and let us know when’s a good time for you.