Business Insurance For Equipment and Tools

  • Specialist protection for your businesses equipment & tools
  • Compare quotes from a wide range of insurers now
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Platinum - Trusted Service Award - Feefo 2021

What Is Business Equipment Insurance & How Does Tools Insurance Differ?

Regardless of whether you’re a tradesman using key tools such as screwdrivers, hammers and drills, a business consultant operating through technology to communicate with clients, teammates and stakeholders, or a restaurant that integrates specialist facilities such as state-of-the-art pizza ovens and walk in freezers, you need to protect them with an insurance policy you can trust. Providing replacements should they be lost, damaged or stolen, our cover can cover you swiftly, and get your business back on track. At The Insurance Octopus, we can find bespoke business equipment insurance and tools insurance policies with the help of a panel of the UK’s leading insurers, providing you with the best deals and most suitable options. Our business insurance team is always here to help too, answering any and all questions you may have with honesty and transparency, ensuring the process is as clear, easy and as stress-free as possible. 

With great testimonials, status as a Feefo Platinum awarded business, and providing flexible payment options to boot, you’ll receive an outstanding level of service like no other. For your equipment or tools insurance quote, please fill in our form, or request a call back, and we’ll work together to find your new policy at a time that works for you

What may be included in an Equipment or Tools Insurance package?

Commercial Combined Insurance awards

Key Equipment Cover

From your business mobile, laptops, computers and tablets through to other more specialist equipment that supports business practices, we’ll find you cover against the unexpected, as specified in your policy.

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Owned Plant

Protecting your cherry pickers, diggers, and machinery in cases of accidental damage, loss or theft, and providing compensation.

Commercial Combined Insurance awards

Hired In Plant

Should you hire in machinery such as excavators, diggers or bulldozers, and they are damaged, stolen or lost, then we’ll find insurance that provides the original company with replacements.

Commercial Combined Insurance awards

Additional Policy Covers

From Professional Indemnity insurance and Employer’s Liability through to Public and Product liability, there’s so much more we can research as part of your policy.

Business Equipment Insurance

What Is Business Equipment Insurance?

If you own a business, it’s likely that you have certain valuables that you couldn’t operate without. For tradesmen or labourers, it might be tools and machinery. For those that are office-based, it might be their laptops, computers or smartphones. Replacing these items can be expensive, so we offer cover that insures up to £10,000 worth of equipment. Whatever your business and whatever your valuables, The Insurance Octopus can source a range of business equipment insurance policies to keep you covered. With guidance and support from the experts at our Feefo Platinum awarded company, you’ll get the right level of protection, without paying for more than you need. Whether you’re a small business or a larger corporation, we can create a personalised policy for your needs and your sector.

We like to keep our process as simple and as streamlined as possible, so getting a quote only takes a few minutes. All you have to do is fill out our form and request a callback. We’ll then get in touch and discuss a range of options to find the right one for you. We won’t charge any mid-term administration fees, so you can update your policy at any time if ever your business needs change.

What can business equipment insurance policy cover?

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Unfortunately, items do get lost sometimes, especially if you travel for work and have to take your equipment or valuables with you. By selecting a Portable Equipment insurance plan, the cost of lost items can be claimed, in the event that you do lose them.

Commercial Combined Insurance awards


Sometimes, accidents happen, but insurance policies sourced through us will cover accidental damage. This also includes damage caused by attempted theft. Covering your equipment that is most likely to get damaged – such as portable tools – will prevent any interruptions to your business.

Commercial Combined Insurance awards


With tool thefts increasing, protecting your equipment against theft has never been so important. Whilst having your tools stolen is often out of your control, taking out this insurance will ensure that your tools can be easily replaced, so you can continue to operate as a business with minimal disruption.

Protect the tools & equipment that’s crucial for running your business

An overview of Business Equipment and Tools insurance

As a business owner, there are so many problems that you need to consider each and every day, to ensure that your business is always in the best shape. One of the most important things for most companies is their equipment – whether it’s a tradesmans’ tools, a cafe’s coffee machines, or a restaurant’s oven, every business has vital equipment that’s absolutely crucial to their ability to function and turn a profit. But what happens when this equipment fails, is damaged, or disappears – does your organisation have to stop functioning, or do you have a contingency plan in place in the form of commercial property insurance and equipment insurance cover? If you want peace of mind when it comes to your items, you simply have to invest in the right coverage policies; this way, you’ll be able to make a claim in the event that those vital items are out of use and your business is stuck in no man’s land. If you’re wondering how to choose the right business insurance policy, you’re in luck! Read on below to find out more about the different types of protection you can get for your company and how The Insurance Octopus can help you to get your organisation back on track in the event of equipment troubles.

What is Business Equipment and What Are The Different Types?

Let’s take a look at the types of insurance that you can use to keep your assets protected – there are lots of different options, so you’ll be able to choose a property insurance policy that’s ideally suited to your needs as an organisation. Of course, different companies are likely to require a different level of cover to each other – that’s fine, as we can source plans and policies for small businesses to larger corporations here at The Insurance Octopus. Depending on your industry, the things that you need to insure will differ – building firms require heavily on their machinery and tools, whereas office workers have a huge dependency on electrical equipment such as laptops and smartphones, so there are a lot of different things that business owners need to consider when searching for insurance for businesses. Damage for laptops and other items can be substantial, with replacement costs setting the business back by even more, so it’s massively important that you purchase cover for damage within your Business Equipment and Tools insurance.

The details of this type of cover can vary between insurance providers, so you need to be careful when reading the policy wordings for your plan. If you’re unsure of anything, just get in touch with the business insurance specialists here at The Insurance Octopus – we’ve got lots of experience of sourcing cover from office insurance to theft insurance and business contents insurance, so don’t worry about all of the jargon that you’d usually be faced with when you’re talking to our team. We’ll give you the facts and help you find the solution to your problem.

What This Insurance Policy Can Cover – The Tools, Equipment, & Cover

Up next, we’ll take a look at what exactly this type of insurance can help you with – some things are covered, whilst others may not be, so it’s important to know exactly what you are and aren’t protected against. If you’re ever unsure about your policies and coverage, always remember to ask your insurer – they’re the experts and will be able to give you the right answer! Here are the key things that you’ll be looking for your business equipment insurance to cover:

  • Loss: In an ideal world, we’d never lose our valuable possessions, but here in the real world things do sometimes get misplaced, never to be seen again. This is particularly true for employees who travel a lot for their work where the item has an increased risk of being left on transport or in a different location. With a Portable Equipment insurance plan, these instances are covered, meaning the cost of lost items can be claimed should they ever be permanently misplaced.
  • Damage: When it comes to damage, it’s all about the type of damage that the equipment has been subject to; accidental damage is covered by your insurance policy, but general wear and tear or damage as a result of an attempted theft may be eligible for a claim. Portable and handheld tools are usually the items that are most liable to be damaged due to their frequent use and movement, so you’ll want to make sure that your equipment is covered to the best level possible to avoid any interruptions for your business.
  • Theft: Finally, theft is another thing that you, unfortunately, need to be protected against. It’s difficult to predict what may happen to your belongings when they’re not in your possession at every moment of the day, so having insurance that covers the items means you won’t be at a complete loss should your belongings ever be stolen. In recent years, incidents of tool theft have risen to a surprising level, so there’s never been a more important time to ensure that you’ve taken out comprehensive insurance against your crucial equipment.

Compare Business Equipment Insurance quotes from a range of UK insurers

Our panel of insurers

With access to a wide range of both niche and large insurers, The Insurance Octopus can arrange the right business equipment and tools cover for your business, to give you complete peace of mind, safe in the knowledge that your business equipment and tools are adequately protected. We work with a large panel of UK insurers and are able to source some of the most competitive quotes available.

Highly rated specialists

Getting the right cover for your business is crucial, which is why our dedicated team are on hand to discuss your businesses needs and requirements to get you the cover you need. We can often provide you with your business insurance and documents on a same day basis and offer a great range of flexible payment options to suit your business. Get in touch today and get your business equipment & tools insurance quote.

Business Equipment & Tools Insurance FAQs

  • What tools and equipment are covered under this policy?

    In general, this type of insurance is reserved for those items that are essential to your business; you’re protecting the things that are of great value to your company which you simply couldn’t get by without. This may sound extreme, but you’d be surprised how many pieces of equipment are deemed essential; things such as tools and machinery are both vital to labourers and tradesmen, whereas laptops, computers, and even smartphones are all essential to office workers, so all of this can be covered under your insurance policy!

    Of course, each industry has different items that they rely upon, which is why our policies reflect this – we’ve got tailored packages for lots of different sectors, so you’re sure to be able to find something that gives your business the protection that it deserves.

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  • How can I insure my business equipment?

    With The Insurance Octopus, insuring your business equipment is incredibly simple – you’ll just need to get in touch with our team or start a quote online! Once you start the quote process, we’ll ask for a few details regarding your business and the equipment that you’re looking to purchase cover for, then we’ll be able to give you an estimate as to how much it’ll cost to protect those items. After you’ve got a quote that you’re satisfied with, we’ll be able to get the process completed and have the policy wording sent over as quickly as we can. Once you’ve given that a thorough reading, it’s just a case of signing the contracts and your business equipment is all covered.

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  • What is commercial equipment insurance?

    It’s basically insurance that protects the equipment that’s most important to your business; from tools and machinery to laptops and printers, there are lots of different things that can be covered when utilising a business equipment insurance plan. If your business would be unable to continue functioning without certain items or equipment, you need to ensure that these items are given the protection that they require; if they were to, for whatever reason, end up out of use for a period of time, the losses could be hugely detrimental to your business.

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Why choose The Insurance Octopus for Business Insurance?

We proudly make buying insurance different and the cover we source comes with a range of benefits.

£10,000 worth of cover

Replacing tools can be expensive which is why we can source cover to insure up to £10,000 worth of tools and business equipment.

Simple specific cover

To help save you both time and money. We find and compare prices from a range of different insurers so you don’t have to.

A specialist who knows your industry

We’ll connect you with an agent who is a specialist in your field. They understand many of the challenges you face, and can truly get to grips with the type of cover you need.

Easy claims process

Accidents can happen, so when something does go wrong you can rest easy knowing our team is on hand to make the claims process as quick and stress free as possible.

No mid term fees, ever

We don’t charge any mid-term fees at all during the life of your policy – so there are no hidden fees following any changes you might need to make.

Our Process: Choosing The Right Cover For You

At The Insurance Octopus, we try to make everything as simple as possible for our customers – finding the right insurance can be a tricky task, but with the right advice and guidance, you’ll be able to find effective cover at a great price. We do this by ensuring that every business is put into contact with an agent who’s a specialist in their sector; by doing this, you can be sure that you’re dealing with an agent who understands your business and your requirements when looking for a new insurance policy. In addition to this, our team are very helpful during the claims process – get in touch with us when you want to start making a claim on your policies and we’ll guide you through the process and get your business back on time as quickly as possible.

No matter how big or small your business is or could potentially be in the future, we’re able to source insurance packages that are tailored to the needs of every company. This means you’ve always got an insurance package that’s relative to the size of your operation. In total, we’re able to find you insurance on up to £10,000 worth of tools and equipment, so you’ll have comprehensive cover that’s substantial enough to cover all of your vital equipment.

How Business Equipment & Tools insurance works

Examples of business equipment & tools cover in action

A £3,000 theft

A tradesperson attending a work site leaves their tools and equipment inside their work van while they take an hour long lunch break. While away from the vehicle and site, two thieves approach the vehicle and after some time are able to successfully break into the vehicle. The thieves are able to make off with £3,000 worth of tools and equipment, all of which are vital to the tradesman’s work on the site. With the Business Equipment and Tools policy and add on cover in place the tradesperson in question should be covered for the £3,000 worth of tools, less the policy excess, and equipment that was stolen while away from their vehicle.

Why Choose The Insurance Octopus To Find Your Insurance Policy

The Insurance Octopus are specialists when it comes to business insurance – we’ve got years of experience within our team and we’ve worked with companies in a wide range of industries, so you know you’re in safe hands when you take out an insurance policy through us. On top of this, you’ll also be blown away by the service that you receive; our team is knowledgeable and friendly, the policies we source are comprehensive, and our claims system is really easy to use, what’s not to love? On top of this, we’ve also got lots of benefits that are exclusive to our customers! Octopus customer rewards are a great way to add extra value to your insurance plan – we give our customers rewards as a thank you for choosing our service, which can be anything from discounts to offers and perks!

With The Insurance Octopus, you’ve also got peace of mind over your policy pricing – where many insurance providers may surprise you with mid term fees, we’re completely upfront with our costs. This means that what you see is what you get; there are no shocks or surprises in the form of hidden fees further down the line.

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