Protect your hard-working assets from risks of accident or theft for a quick replacement. PBIB offers cheap Tools and equipment insurance in Austin, TX

Tools & Equipment Insurance in Austin, TX

Tools and equipment insurance is designed to protect your high-value movable property. Tools and equipment coverage, also known as inland marine insurance, protects your hard-working assets from common risks like theft and damage, weather in storage, on the jobsite or in transport or in your vehicle.

Tools & Equipment Insurance

Tools and equipment insurance is designed to protect your high-value movable property. This is also known as inland marine insurance, protects your hard-working assets from common risks like: theft and damage, whether in a storage, on the job site or while transporting tools in your vehicle.

As a contractor, you regularly transport the tools, equipment, and supplies you need to get the job done. Tools and equipment insurance ensures your items’ replacement should an accident, theft, or loss happen.

There is no substitute for experience, so if you're trying to find the best possible tool & equipment coverage in your location, you have come to the right place! Place your business in the capable hands of Pascal Burke Insurance Brokerage today!

What Does Tools & Equipment Insurance Cover?

From the smallest hand tools to larger equipment such as welders, nail guns, generators and other high-value items, replacement costs can add up fast if your tools are stolen or damaged. With tools and equipment coverage, your investment in these assets is protected.

Tools and equipment insurance commonly includes coverage for the following types of property:

  • Property in transit, such as contractor’s tools and supplies.
  • Mobile equipment, such as forklifts, dozers, track hoes, maintainers, loaders.
  • Computer equipment and data, such as accounting software, lead-tracking data, policies, procedures, and other electronic assets.
Toolbox with equipments

When do you need Tools & Equipment Insurance?

  • Everyone needs tool coverage; loss can happen at any time.
  • In today’s environment a tool & equipment policy is essential as it follows your tools and equipment, from storage, transit and on the job site.

Optional Coverages

The following optional coverage can be added to most policies to meet the needs of the contractor:

  • Leased equipment coverage.
  • Borrowed equipment coverage.
  • Rental cost reimbursement coverage.
  • Coverage for employees’ tools and work clothing.

What is covered?

  • Your company tools and scheduled equipment over $2500 in value.
  • Coverage for tools and equipment is provided while in storage, or on the job site or in transit.
  • Rental Equipment (Optional Coverage) allows you to rent equipment and not pay the rental companies high insurance charges.
  • Theft or damage to tools or equipment while in storage, transit or on the job site.
  • Temporary replacement or rental of equipment until repairs can be made, or new equipment can be acquired.

What is not covered?

  • Borrowed tools or employee tools unless endorsed to the policy.
  • Tools or equipment over $2,500 in value must be scheduled.
  • Theft of unprotected tools & equipment.
  • Wear & Tear or rust damage.
Man with a Hat

The Best Tools & Equipment Insurance to get you on the job safely in Austin, TX

If you're running a contracting service, you most likely currently know how easily things can go wrong. From broken equipment to injured employees, and everything in between, building and construction is a hazardous industry where accidents happen every day. Being so, there are few things more vital to your contracting company than insurance that will cover you totally when hard times fall. So if you're trying to find the best possible license bond in Austin, TX, you’ve arrived - put your company in the capable hands of Pascal Burke Insurance Brokerage today!

Where Contractors Go to Get Insured!

We are specialist in an array of policies that cover not only general cases but specialty contractors. Check out how we can help you below.

Why us

Many contracting insurance brokers have business diplomas and briefcases - they might understand the stats, however they don't have the facts. When you select Pascal Burke Insurance Brokerage, Inc., you're drawing from decades of experience in the building and construction industry. Having been in the field ourselves, we know your insurance needs like the back of our hands - hands that are still calloused from the work you do everyday. Some things just can't be taught - they must be lived. So, if you want insurance coverage brokers who'll treat your company as they would their own, we're the ones for you. Let's build something.

About us

In 1974, our founder and president Pascal Burke began his career in construction as an architect’s apprentice, but his heart was in building so he joined a large concrete company, building parking structures and sports stadiums, After a few years he began his own construction company specializing in parking structures until 2005, he then joined the board of directors of an insurance company that specialized in contractors general liability. After 4 years, he began Pascal Burke Insurance Brokerage, Inc. Since this beginning we have specialized in contractors’ insurance and are licensed in over 40 states. We truly know contractors from the ground up!

Austin is the capital city of the U.S. state of Texas, as well as the seat and largest city of Travis County, with portions extending into Hays and Williamson counties. Incorporated on December 27, 1839, it is the 11th-most populous city in the United States, the fourth-most-populous city in Texas, the second-most-populous state capital city after Phoenix, Arizona, and the most populous state capital that is not also the most populous city in its state. It has been one of the fastest growing large cities in the United States since 2010. The Greater Austin and Greater San Antonio areas are separated from each other by approximately 80 miles (129 km) along Interstate 35. It is anticipated that both regions may form a new metroplex similar to Dallas and Fort Worth. Austin is the southernmost state capital in the contiguous United States and is considered a 'Beta -' global city as categorized by the Globalization and World Cities Research Network.

Wikipedia