Who will insure me for 5,000,000 public liablity, van and 35,000 worth of tools, all on one policy. Not AXA!!?

Question

Who will insure me for 5,000,000 public liablity, van and 35,000 worth of tools, all on one policy. Not AXA!!?

Answer 1

The Commercial General Liability and tools can be insured under one commercial policy, however the van must be insured under a separate automobile policy. Commercial General Liability (CGL) ALWAYS excludes the liability arising from the ownership, use or operation of any automobile that is obliged by law to carry or display a license. Automobile insurance is a more specialized form of insurance which is why it is excluded under CGL, the same goes with aircraft liability and most watercraft liability. These are all specialized risks that require unique policies.

Answer 2

The liability would be one policy and the tools would be a seperate Inland Marine policy.

Find a local independent agent who deals with commercial insurance and they should be able to give you several quotes from different carriers.

Depending on what state you are in you might consider Allied and/or Nationwide or the Hartford.

Answer 3

£35k is a lot of tools. First of all establish whether you mean handheld tools or not and whether you always carry £35k worth of handheld tools. It sounds like an awful lot to me and keep in mind you are only looking to insure the maximum amount of tools that you may have at any one given moment in time, not all of the tools you own. If you have £35k worth of tools but only ever carry around a maximum of £15k worth of tools then you are only looking to insure £15k. But are these handheld tools or a mixture of those that are and those that aren't? Do you have any plant that you own? Best advice is to pick up the Yellow Pages and call a local broker.

Answer 4

Try the Prudential or NFU.

Though they will prob want to insure the tools separately.