Tool & Equipment Coverage
Tool & Equipment Coverage
Your hardware store depends on thousands of dollars’ worth of tools, machines, and specialized equipment. From power drills and saws to forklifts, mixers, and rental tools—your entire business relies on these assets every day. If a sudden accident, theft, or breakdown occurs, replacing everything out of pocket can be financially devastating.
Tool & Equipment Coverage protects your hardware store’s valuable tools—whether they’re on-site, in storage, or out with a customer under rental. This coverage ensures your business keeps running smoothly, without costly interruptions.
Business Owner’s Policy (BOP)
A Business Owner’s Policy combines General Liability Insurance, Commercial Property Insurance, and Business Interruption Coverage into one affordable package.
With a BOP, your building, inventory, tools, shelving, and even lost income during temporary shutdowns are protected. Adding Tool & Equipment Coverage to your BOP ensures your movable assets—like drills, saws, rental tools, and warehouse equipment—are also fully covered.
Workers’ Compensation Insurance
Hardware stores require employees to handle heavy machinery, sharp tools, and large boxes of inventory. Injuries like cuts, lifting accidents, falls, or equipment-related mishaps are common in this environment.
Workers’ Compensation Insurance covers:
Medical expenses
Lost wages
Rehabilitation
Disability benefits
While Workers’ Comp protects your employees, Tool & Equipment Coverage protects the equipment they rely on every day—making both policies essential for safe operations.
General Liability Insurance
General Liability Insurance protects your hardware store from everyday risks involving customers or products.
It covers:
Slip-and-fall accidents in the aisle
Property damage caused by tools or rental equipment
Claims related to faulty or damaged products
Legal fees and settlements
Workers’ Compensation Insurance
Hardware stores involve daily physical activity—lifting boxes, handling tools, and moving heavy equipment. This makes employee injuries more likely.
Workers’ Compensation Insurance covers:
Medical bills for workplace injuries
Lost wages during recovery
Disability benefits
Ongoing rehabilitation
Employer legal protection
Services Provided by Us
Commercial Auto Insurance
Protect the vehicles that keep your hardware business running—whether it’s product delivery vans, service trucks, or supply transport vehicles.
Product Liability Insurance
Hardware stores sell thousands of products, from power tools to electrical items. If any item you sell causes injury or damage
Tool & Equipment Coverage
From saws and drills to forklifts and cutting machines, your hardware store depends on valuable equipment.
Cyber Liability Insurance
Hardware stores rely on POS systems, digital payment gateways, and customer data. Cyber Liability Insurance shields your business from data breaches
Large Hardware Retail Chains
Larger hardware chains face expanded risks—multiple locations, high inventory volume, heavy foot traffic, and high employee turnover.
Small Hardware Shops
Smaller hardware stores need strong insurance protection without high premiums. Our tailored plans cover essential risks like customer injuries
Return-to-Work Programs
Support your injured employees with structured return-to-work programs that reduce costs and help workers safely resume their duties
Hardware Store Injuries
Employee and customer injuries are common in hardware stores due to heavy lifting, sharp tools, and crowded aisles.
Find Out About Frequently Asked
Power tools, hand tools, rental tools, cutting machines, forklifts, generators, saws, and most equipment used for store operations.
Hardware stores involve heavy lifting, sharp tools, and machinery, increasing injury risks. Workers’ Comp covers employee medical bills, lost wages, and protects your business from lawsuits.
It covers customer injuries, property damage, and product-related claims—common risks for hardware stores with heavy foot traffic and tool sales.
Yes, BOPs combine property insurance and liability coverage, protecting inventory, shelves, registers, office equipment, and more.
Yes, you can add endorsements for equipment rental liability and damage protection.