Tool and Portable Equipment
- Multiple quotes from some of NZ’s leading insurers
- Public Liability and Tool Insurance
- Easy online purchase-no paperwork required
What types of businesses may need Tool and Portable Equipment insurance?
Your tools of trade and specialised equipment are vital to the successful running of your business. Take a moment to consider how much you rely on them to help you get the job and how much of a devastating impact it would be if your business was caught without them.
These are just some examples of the types of businesses that may need Tool and Portable Equipment insurance to help protect their business:
Allied Health Professionals
- Mobile beauticians and hairdressers- beauty and hair products, hair straighteners, curlers, make-up tools
- Personal Trainers- sporting equipment and products
- Yoga instructors- specialised yoga equipment like props, pillows, bolsters and mats
- Protection for specialised cleaning equipment like mops, buckets, vacuums, cleaning products
From advertising gurus to translators, the range of different types of consultancy businesses is broad, but they all have one thing in common- relying on portable equipment to help run their business.
Things like laptops, tablets, computers and other specialised tools and equipment are all vital to performing your professional skills and is something Tool and Portable Equipment insurance can help safeguard.
To help crack the code of that 404 error chances are you need certain software and IT equipment to help get the job done. Tool and Portable Equipment insurance can help provide so much needed protection for your expensive electronic IT equipment that gets lost or damaged.
Real Estate Agents
Without business assets like your laptop, phone or tablet, it’s a bit hard to seal the deal with your clients! No matter where you might be in New Zealand helping your clients with their property enquires, Tool and Portable Equipment insurance can provide you with some peace of mind.
If you take your business to the road, you can rest assured that important business assets like your EFTPOS machine for example are insured.
Tool and Portable Equipment insurance is one of those no-brainers when it comes to protecting your valuable tools of trade. Whether you are a sparky, a plumber, landscaper or handyman, your tools are essential to doing the task at hand.
If you took a moment to add up the contents of your toolbox, you may be surprised by how quickly all those tools add up over the years. If something were to happen them, would you be able to afford to replace them all without impacting your business’ hard-earned savings?
Did you know?
Your Tool and Portable Equipment insurance covers you anywhere in New Zealand, so you’re protected no matter where your work takes you!
What’s typically covered*?
Loss or damage that is caused by:
- Fire, storm, water, explosion, impact or malicious damage
- Accidental damage
- Collision or overturning of the conveying vehicle
- Theft following forcible and violent entry to locked vehicles or locked buildings
- Theft of equipment securely attached to a vehicle through the use of locks or padlocks
Specified portable equipment can include items such as:
- Mobile plant
- Photographic or video equipment
- Mobile communication equipment, including telephones and radios
- Electronic equipment, including computers, diaries, GPS units
- Accessories for the items listed above
What’s typically NOT covered*?
Loss or damage to your portable equipment that is caused by:
- Wear, tear or gradually developing conditions
- Cracking, scratching, marring or breakage of glass or fragile items or surfaces
- Rust, oxidation, mildew, mould, moths, insects, vermin, dry rot, contamination or pollution
- Any process of heating, drying, cleaning, dyeing or alteration to any insured item
- Faulty materials or workmanship
- Theft by employees
- Unexplained inventory shortage
Protect your business today.
Why do I need Tool and Portable Equipment insurance?
Unless you have a money tree growing out the back, the potential upfront cost to replace your business tools and portable equipment could end up costing you a pretty penny. Not only is it the financial side of things you need to think about, but the way it may impact your business’ reputation too.
How much does Tool and Portable Equipment insurance cost?
There are plenty of factors that are taken into consideration when calculating the cost of an insurance policy. Each and every business is different, so the pricing of your policy will depend on your business’ unique factors.
Some of these factors may include:
- The value of the items you list on your Tool and Portable Equipment insurance policy
- The nature of your business activities
- The location of your business
- Your excess
- Your claims history
Things to consider
- Does your business rely on portable property (such as tools)?
- Would having to replace or repair of the equipment put your business under financial stress?
- Is your portable equipment stored in the open air or is it secured? Your policy wording is likely to explain how your portable property is required to be securely stored for it to be covered by your insurance.
Want more info?
If you would like to learn more about business insurances and ways to help boost your business, our blog is bursting with all kinds of topics to help small business owners. From tax tips to understanding the nitty gritty of Public Liability insurance, we’ve got your smoko break entertainment covered!
What every New Zealand tradie needs to know about insurance
Let’s face it, the world of insurance can at times seem like a language of its own and can be a bit overwhelming. Fear not, as our simple guide takes a look at some of the key kinds of insurances you need to think about as a New Zealand tradie.
Public Liability insurance explained
As a small business owner, you may be no stranger to Public Liability insurance, but have you really sat down and understood what it protects your business from? Our guide keeps it simple and explains all you need to know about this fundamental type of business insurance.
6 Ways your small business can benefit with online marketing
Unharness the potential of online marketing with these 6 ways to help benefit your business. From social media to getting savvy with setting up targeted campaigns, we’ve got the tips and tricks to help all kinds of businesses!
* This information is a general guide only and does not take into account your objectives, financial situation or needs. As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this web page is general only and should not be relied upon as advice.
The provision of the claims examples are for illustrative purposes only and should not be seen as an indication as to how any potential claim will be assessed or accepted. Cover for a claim will depend on the specific circumstances around the loss and would be subject to the terms and conditions of the policy concerned.
Rated 4.6/5 for Customer Experience
Easy as. Took 5 minutes
The website was v easy to use. I could answer all the questions. It was a simple quick process, I was impressed. Thanks First Advice’s quoting system does my head in, you have to be clued to the instructions, this was a breath of fresh air.
I have already given feedback. Really easy and have referred several colleagues to you over the years.
Quick and hassle free insurance cover for small businesses.
What more could you ask for – easy to use website, very helpful staff over the phone and the cheapest quote (in my case it was over $1000 cheaper than other quotes from competitors)
Visit our Contact Us page, where you can find out how to get in touch with one of our business insurance professionals.
You can also access quick links to our self-service portal, where you can download your Certificate of Currency, update your payment details, amend your cover and download your policy documents.