Portable Equipment Insurance NZ

What is Portable Equipment Insurance?

Portable equipment insurance (also known as all risks or tools insurance) provides cover for equipment that can be taken away from your business premises. This includes tools, laptops, mobile devices, camera equipment, and other valuable items that you use while working on-site or traveling.

Unlike standard business contents insurance which typically only covers items on your business premises, portable equipment insurance follows your gear wherever it goes - whether it's in your vehicle, at a client's site, or in transit.

What Does It Cover?

• Tools and trade equipment
• Laptops, tablets, and computers
• Mobile phones
• Camera and photography equipment
• Musical instruments
• Theft from vehicles
• Accidental damage

Who Needs Portable Equipment Insurance?

Portable equipment insurance is essential for anyone who works away from a fixed premises:

• • Tradespeople (builders, electricians, plumbers)
• • Mobile professionals (sales reps, consultants)
• • Photographers and videographers
• • Musicians and entertainers
• • IT contractors and technicians

Typical Costs

Portable equipment insurance costs vary based on the value of your equipment. Typical costs start from:

• • Basic tools cover ($5K): From $200/year
• • Medium equipment ($15K): From $350/year
• • High-value gear ($30K): From $600/year