Does my van insurance cover tools?
Find out if your tools are covered in your van insurance policy and alternative tool insurance options in this useful guide.
Key points
Most van insurance policies do not automatically cover tools so it's essential to check your policy details or consider additional coverage
Separate tool insurance offers benefits like enhanced security and tailored cover, but assessing the value of your tools and comparing policies is crucial
Alternative ways to insure tools include standalone policies, extending van insurance, or using home insurance, each with different benefits and limitations

Does my van insurance cover tools?
No, most standard van insurance policies do not include tool cover, unless explicated stated within the policy documents.
With van insurance, you're covered for any damage to the vehicle, not the contents you keep inside it. Personal belongings or professional equipment such as tools will not be covered unless you buy extra cover.
Do I need separate cover for my tools?
Yes, you will need to invest in a separate insurance policy for your van's tools. Here are some things to consider if you're thinking about purchasing van tool cover:
Benefits of having a separate tools insurance policy:
Enhanced security: A dedicated policy protects your tools from theft, loss, or damage
Tailored coverage: Customise your policy to cover the actual value of your tools
Quick claims processing: Specialised insurers provide efficient claims services, reducing downtime
Risks associated with not having separate cover for tools:
Financial loss: Without separate cover, replacing stolen or damaged tools can be costly
Limited compensation: General van insurance might not cover tools, leaving you unprotected
Increased vulnerability: Without specific tool insurance, your equipment could attract thieves
How to choose the right cover for your needs
Assess your tool value: Determine the total value of your tools to decide on the necessary cover level
Compare policies: Explore various insurers to find suitable coverage and premiums
Read reviews: Review customer feedback to assess the reliability and service quality of insurers
By evaluating these points, you can determine if a separate tools insurance policy is essential for your situation.
Are there other ways to insure the tools in my van?
Yes, there are alternative ways to insure the tools that you keep inside your van. The first option would be to consider a standalone tool insurance policy. This will cover the cost of replacing tools if they're lost, damaged, or stolen.
Another option is to extend your existing van insurance to include tool cover. Often referred to as 'carriage of own goods' cover, it consolidates your insurance into one policy. However, it may not always provide as comprehensive coverage as a standalone policy.
Some home insurance policies might also extend to cover tools, even when stored in your van. This can be a cost-effective solution. It's important to check the policy specifics to ensure adequate coverage while tools are outside your home.
When selecting the most suitable insurance option, consider the value of your tools and the risk of theft or damage. Also, think about the impact of potential loss on your business.
Comparing the benefits and limitations of each insurance type will help you make an informed decision about how to protect the tools within your van.
How does my insurance work if my van is stolen?
Here is how your van insurance works:
1. Reporting the theft
When your van is stolen, you'll need to act fast. First, report the theft to the police. This step is vital for recovery and insurance claims. Next, contact your insurance provider to start a claim. You will need the crime reference number from the police.
2. Insurance assessment
Insurance companies follow a methodical approach to assess van theft claims. They investigate the theft circumstances and check security measures. This assessment determines claim approval and compensation amount.
3. Impact on future premiums
If your van is stolen, it may affect your future insurance premiums. Insurers might view you as a higher risk, leading to increased premiums. However, adding extra security features can mitigate this effect and show insurers your commitment to preventing future incidents.
Do I need proof of ownership for tools insurance?
Yes, most insurers require some form of proof of ownership when you take out a tool insurance policy:
Types of proof required by insurance companies: Insurers typically request receipts or invoices as primary proof. Serial numbers, photos of the tools, or warranty cards may also be acceptable
How to keep records of tool purchases and ownership: Always store purchase receipts safely. Consider digital backups, such as scanned copies or cloud-stored photographs. Registering your tools with the manufacturer can also prove ownership
Consequences of failing to provide adequate proof of ownership: Lack of proper documentation can delay or deny your claim. This may cause significant financial losses, particularly if the tools are vital for your work.
How to choose the right van insurance for your needs
Comparing quotes with MoneySuperMarket is easy and stress-free. We help you find the best insurance to suit your needs. Whether you need private van insurance, business van cover, or courier van insurance, we've got you covered.