i use my pickup truck to go to and from work i then transfer my tools to my co. van each morning and return them to my truck each night befor going home (Our Shop Is In A Bad Area). I want to insure them however i dont want my reg auto ins to kow i use my truck for work? Is there a company out there that just insures the tools, i know there are ones for collections such as old tools etc?
Don't know if this helps, but before I took a company van home I used to transfer my tools like you do. Stopped at a mall on the way home and lost everything. Homeowners insurance covered tools. Auto policy would be happy to add extra coverage for tools after that incident. In Mass. what you are doing with your truck is not using for work. If you go to the job site from the shop in your truck that is a different story.
in new jersey vehicle ins. is a theft, they rip us off so bad. So they request to know the approx miles you use your vehicle a day for work, if you tell them you dont it keeps your cost down. i really dont use this vehicle to much other then to and from work.
Had my tools ripped off twice, it still pisses me off to think about it. Now here's what I do: Never leave anything overnight on a site not even an extension cord, Have a truck with a Greenlee strongbox bolted in so they can't get to the hinge, Have a truck alarm, a steering wheel club, a kill switch. I never take it to HD or Lowes, At night it goes in my backyard, never in the street. It's all a pita and takes time to secure everything, but unfortunatley it has to be done. A maintenence company I know of was working inside a grocery store, someone got their truck and trailer. They only left it for 30 mins. Now I even use the club at every job site.
I use State Farm for my auto and for a tool policy like what you are wanting. It's called an Inland Marine policy--don't ask me why. It is a complete seperate policy from my auto. It is very inexpensive at under $10 per month $100 deductible and i think my total coverage for the tools i have listed is around $10,000. Every so often i update my list of tools with them. My policy covers the items cost when new--if something is stolen they reimberse you for those items cost new. The one claim I did have on this policy i went down to Toolmart and replaced the items and took the insurance co. the receipt and they took off $100 deductible and wrote me a check for the rest.
I've got a $2k rider on my liability as well (American Family) - although the "standard electrical contractor" insurance includes some ($500.00?). IIRC the deductible is $250.
My liability insurance is for my EC ticket, and it's completely unrelated to the vehicle insurance. Many HO insurances won't pay for "commercial" or "professional" tools, only "personal" ones not used for business enterprises.