Tools & Equipment Insurance
Protect your essential tools, machinery, and portable equipment from theft, damage, and unexpected loss. Built for Australian trades, contractors, and business owners who rely on their gear every day.
Protect your business from downtime, theft, and damaged tools.
If your tools go missing or are damaged, your entire business can come to a halt. Replacing equipment is expensive — and without the right insurance, you may be left covering those costs out of pocket.
Tools & Equipment Insurance covers portable tools, machinery, and business equipment used onsite, in vehicles, workshops, and storage. Whether it’s a single drill or a full set of commercial machinery, this cover helps keep your business running when the unexpected happens.
Coverite Insurance arranges flexible, affordable tool insurance for trades, contractors, earthmoving operators, and small businesses across Australia.
We help you select the right cover limits, understand policy exclusions, and make sure your equipment is properly protected wherever it goes.
Tools & equipment cover for businesses that can’t afford downtime
Your tools are the backbone of your business. Without them, work stops and so does your income. Tools & Equipment Insurance gives you confidence that if something goes wrong, you can recover quickly and get back to the job.
We support small business owners, sole traders, contractors, and teams with tool cover that matches real-world risks and insurer requirements.
Trusted Support When It Matters Most
Theft, break-ins, accidental damage, and equipment failure are common in Australian trades and construction. When something goes wrong, you need support fast.
Coverite helps you:
- Lodge and manage claims quickly
- Communicate with insurers and assessors
- Replace or repair damaged equipment
- Avoid costly downtime
- Ensure your cover matches the tools you use
Real Feedback from Our Clients
“Excellent service! Michelle from Coverite Insurance Service and her team have gone above and beyond to help me with my insurance needs. Michelle has guided me through every step of the process to help find me the best coverage with the most cost effective premium. I feel confident knowing my insurance needs are being well looked after.”
The Easiest Way to Get the Right Cover.
Tell us about your business and what you require, then we'll search far and wide to find the right insurance.
We'll present and talk you through the options. You decide which suits you best.
We'll start your cover so your business is protected.
Key Tools and Equipment cover we help arrange
Portable Tools & Hand Tools
Covers drills, saws, hand tools, power tools, and similar equipment against theft, fire, accidental damage, or vehicle break-ins. Essential for trades who transport tools daily.
Machinery & Larger Equipment
Protects equipment such as generators, compressors, laser levels, pressure cleaners, welders, and similar commercial machinery used on job sites.
Theft from Vehicles or Job Sites
Includes cover for break-ins, stolen tools, and forced entry when tools are locked in vehicles, toolboxes, or storage units (subject to insurer conditions).
Accidental Damage
Protects your tools and equipment from drops, impacts, or onsite incidents especially useful for trades and contractors working in active environments.
General Property & Mobile Equipment
Flexible protection for tools and equipment used across multiple sites, in vehicles, and during travel ideal for mobile businesses.
Specified Items Cover
Allows you to list high-value items individually (e.g., laser levels, welders, diagnostic tools) for broader protection and agreed value.
Breakdown Cover (Available with Selected Insurers)
Helps cover repair or replacement costs when insured equipment suffers sudden breakdown.
Employee & Subcontractor Tool Cover
Optional extension for businesses that need to insure tools owned by workers or subcontractors on site.