Tools and equipment insurance protects contractors from financial loss when tools, equipment, or materials are stolen, damaged, or lost. In Louisiana construction, tool theft and job site exposure are common risks that can shut projects down quickly.
• Hand tools
• Power tools
• Equipment transported between job sites
• Materials stored off-site
• Equipment kept in trucks or trailers
This coverage is commonly written under inland marine insurance and is designed specifically for mobile contractor equipment.
Roofers, general contractors, concrete crews, drywall installers, painters, carpenters, flooring contractors, and remodelers rely heavily on tools and mobile equipment. Theft from trucks and job sites is one of the most common claims we see. Standard property policies typically do not cover equipment that travels between locations.
Enclosed trailers, dump trailers, and permanently attached equipment may require scheduling under a tools policy or separate coverage. We review how equipment is transported and stored to prevent uncovered losses.
• Equipment left in unlocked vehicles
• Tools stored overnight in open trailers
• Incorrect valuation
• No coverage for borrowed or rented equipment
Here are answers to common questions we receive about Tools and Equipment coverage in Lafayette, Louisiana.
No. Tools usually require inland marine or equipment coverage.
Coverage depends on how the policy is written and whether theft protections are included.
High value items may require scheduling individually.
Helping across Acadiana, including Scott, Broussard, Youngsville, Carencro, and surrounding Louisiana communities, stay compliant and job ready.
Let us review your tools and equipment coverage or request a quote today.
Ideal Insurance LLC
102B Woodvale Ave, Lafayette, LA 70503
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