Over the years i have put together a collection of expensive tools for my personal garage. Welders, plasma cutters, lathes, mills etc. Since it is all stored in my personal garage and used for personal use only my home insurance policy will not cover it. What are you home/hobbyist guys doing to protect your tools?
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homeowners..
Most homeowner policys have a max of 5000 in tools. In order to insure my tools, both on my srv truck and shop i had to pay for added policies on my business insurance. Only way i found to do it.
KevinLincoln ranger 305g x2
Ln25
Miller spectrum 625
Miller 30a spoolgun
Wc115a
Lincoln 210mp
F550 imt service truck
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I couldn't get my insurance to cover hand tools, but I did get them to cover larger items. Each item had to have a serial/vin number, and had to be individually listed on the policy.
I even tried to get them to insure hand tools with a $1k or $2k deductable. I don't want to claim one or two tools that I loose. I just want to claim if a theif wipes me out. Still no go for hand tools. I have way more invested in tools than I have in welders/equipment so I wasn't happy.
Dynasty200DX w/coolmate1
MM210
MM Vintage
Lincoln AC225
Victor O/A, Smith AW1A
Cutmaster 81
IR 2475N7.5FP
Evolution Rage3
Jancy USA101
9" South Bend
AEAD-200LE
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