As a tradie, your tools are essential to getting the job done and losing them would be a disaster.
Thankfully, Portable Equipment insurance* is there to cover you for loss and damage to your tools and stock due to theft, fire and other perils listed in your policy wording.
But did you know your insurer will request proof of ownership before they accept your claim?
Even if you’re a stickler for your tool itinerary, equipment accumulates over time, and it’s hard to keep every receipt along the way.
Whether it’s a second-hand spanner from your apprenticeship days or an auger passed down from your parents’ shed, some equipment won’t have an invoice to verify its value or purchase.
Luckily, our Portable Equipment insurers generally accept other forms of evidence, such as:
• Valuations
• Owners’ or operating manuals, and
• Photographs.
So next time you buy a piece of equipment, remember to take a photo of the invoice and the equipment.
Keep in mind you will need to send them over before you make a claim. These photos should be stored and used as evidence of ownership of your portable equipment. From there, your claim will be processed and you could get back the tools you need to get the job done in no time.
Visit www.bizcover.com.au
* This information is general only and does not take into account your objectives, financial situation or needs. It should not be relied upon as advice. As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. ã2022 BizCover Pty Limited, all rights reserved. ABN 68 127 707 975; AFSL 501769