Contractors Equipment Insurance
Protect Your Equipment
Your company is dependent on the tools and equipment used every day. Keep your business in operation by protecting these valuable assets.
Avoid Losses Due to Damage and Theft
Safeco has insurance coverages to protect against loss from damage or theft of tools and equipment; whether they’re rented, leased, or owned by you or your employees.
Coverage Options
Employee Tools
We cover your employee’s tools while they are on your premises. This covers $10,000* per employee and up to $20,000* in any one occurrence.
Leased Tools and Equipment
Provides coverage for leased or rented equipment and tools leased for no more than 30 days.
Talk to your agent about coverage that can protect you from the specific risks you face.
*All limits shown refer to our Businessowners insurance product. Additional products with alternative limits are available.
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