Can i put insurance on tools?

Question

my dad has over $35.000 or more in tools for work that he has invested in for many years. can he insure them? and if yes where?

Answer 1

He uses them for work, so they cannot be added on a homeowner policy. If he does not need a business insurance policy for work (he works for someone who has this covered) then he can get a "tool floater" called an Inland Marine policy.

Should be about $1.00 or $1.50 per $100 of value. Call an independent insurance broker

Answer 2

geico

Answer 3

Yes if he stores them at home they can be added to his homeowners policy.

Answer 4

He should definitely be able to get insurance for them through any insurance broker. That's probably too much to include on homeowner's or renter's insurance, though. He'll have to get a business policy.