Pro-TEC is the industry leader in providing specialized insurance coverage for toolboxes, diagnostic tools, hand tools, power tools, and shop equipment. The average technician invest upwards of $50,000 in equipment, so lets make sure it is covered! Pro-TEC’s tool insurance program covers every industry, including marine, diesel, automotive, off highway, and many others. For around $500 per year, you can insure yourself for up to $50,000 worth of equipment.
- Annual Premium: $500
- $50,000 catastrophe limit
- Insured is allowed up to $5,000 for any one hand tool
- Insured is allowed up to $15,000 for any one empty tool storage system
- Insured is allowed up to $10,000 for any one piece of Diagnostic Equipment
- Coverage also includes Scanning Tools, Laptop Computers, and Software
- Unscheduled Equipment Coverage
- All Risk Coverage including flood, earthquake, fire, theft, and transit type mishaps
- Insured is allowed up to $5,000 Loss of Income for a 30 day period
- Replacement Cost Coverage is like kind and quality without deduction for depreciation for tools and equipment that are newer than 10 years old.
- Subject to a $250 Deductible