Tools & Equipment Insurance NC
Contractor tools and equipment insurance in North Carolina
What NC contractors need to know about insuring tools and equipment, inland marine, scheduled equipment, and what commercial auto doesn't cover.
Get a QuoteCall (919) 249-8448Cooper's take
Contractor tools are one of the most underinsured assets in the trades. A commercial auto policy covers the truck. General liability covers third-party injuries. But the tools and equipment in that truck? They're typically not covered by either. Inland marine or tools and equipment coverage is the fix , and most contractors don't know it exists until they have a theft.
Cooper Parsons, NC License #19272643
Frequently asked questions
Does commercial auto insurance cover tools in my work truck?
No. Commercial auto covers the vehicle itself and liability while driving. Tools and equipment inside the truck are not covered by commercial auto. A separate inland marine or tools and equipment policy covers the gear.
What is inland marine insurance for contractors?
Inland marine is a type of commercial coverage that covers property in transit or at job sites, tools, equipment, materials, and mobile machinery. For contractors, it covers tools whether they're in the truck, at a job site, or temporarily stored elsewhere.
What is scheduled equipment coverage?
Scheduled equipment coverage is a form of inland marine that lists specific high-value items (a Bobcat, a laser level, a generator) and insures each at an agreed or stated value. It's appropriate for equipment valuable enough to warrant individual coverage.
Does IronHaven write tools and equipment insurance for NC contractors?
Yes. IronHaven works with carriers that write inland marine and tools and equipment coverage for NC contractors in construction, landscaping, electrical, plumbing, HVAC, and other trades.
Written & Reviewed By
Cooper Parsons
Owner & Licensed Independent Insurance Agent
NC License #19272643 · IronHaven Insurance · Wake Forest, NC · 25+ carriers
“Cooper saved me a TON of money while finding even better coverage for my home and auto. He is a solid person who cares about his clients. I'd rate him 500 stars if I could!”
Elliott Squires
Wake Forest, NC · Home & Auto
“Cooper worked with us when we thought we were all out of options for house insurance. He was able to help us get our home insured with a better package. So thankful for his communication and hard work!”
Rebecca Brady
Wake Forest, NC · Home Insurance
“Cooper is the partner you want to walk alongside you. He is an excellent teacher, a delight to work with. He's earned my trust, and he'll earn yours as well.”
Gabriel Torres
North Carolina · Insurance Client
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