Damage at a job site
Scenario: Work accidentally damages a client’s property.
What happens next: Preserve the contract and incident records. The insurer reviews the activity, damaged property and relevant exclusions.
Preview any coverage
Make this coverage review specific to your business
Tools can move between vehicles, sites and storage every day.
Prepare these details
Item schedules, values, rentals and overnight storage arrangements.
Ask before accepting a proposal
What conditions apply to theft from vehicles and unattended sites?
Start my business enquiry →Hypothetical situation
Tools are stolen from a parked work vehicle.
Ask which wording, conditions and notification requirements would apply. A scenario does not establish coverage or guarantee an outcome.
Property & income
Contractors’ Equipment
Covers tools and mobile equipment wherever they are — site, truck, storage.
20%
What could a lower premium mean for you?Illustrative example: $2,400 → $1,920 per year is $480 less. Not an available offer. Try your own numbers →
The tools that power your work.List equipment, values and job-site use
On the road or on the job.Review transport and storage conditions
Live examples
A.M. Fredericks UnderwritingABEX o/b Affiliated Broker Exchange
Allianz Global RisksAmbri AssuranceApril Canada Inc.April MarineArthur J. Gallagher & Co
AVRO Insurance ManagersBeazley Canada LimitedBerkley Insurance CompanyBlueCross BlueShield
Burns & Wilcox CanadaCAA InsuranceCAN - Continental Insurance
Cansure Underwriting LtdCaradoc Townsend MutualChes Special Risk Inc.Chubb InsuranceChutter Underwriting Services
Core Underwriting ServicesDefinityDesjardins Financial Security Investments Inc.
Dominion of Canada/Travelers/Travelers EssentialEagle Underwriting Group Inc.Echelon
Excess Underwriting Corp.Facility Association
Forward InsuranceGlobal Aerospace Underwriting
Great-West LifeGroupAssureGroupOne Insurance
HDI Global Specialty SE
IA Excellence Life Insurance
INGLE International
Intact Public Entities
La CapitaleLiberty International CanadaLynx Insurance UnderwritersMarkel
NorthbridgeOld Republic
Optiom
PAL Insurance Brokers Canada
Premier Canada AssurancePremier MarinePremium Marine
Revolution Advanced Underwriting
SignalSignature Risks
South Western GroupSovereign GeneralSpecial Risk InsuranceSports & Fitness InsuranceSSQ AssuranceStarr Technical RisksStrategic UnderwritingSummit Underwriting Group Inc.The Boiler Inspection and Indemnity Company (BI&I)
The Totten Insurance GroupTrans Canada
TravelersTrinity Underwriting
Unique Risks
Victor Insurance
From Insurance Genie
Recent business insurance purchases
Explore recent policy purchases shared through our participating insurance professionals.
Recent policies will appear here when the Insurance Genie CRM feed is connected.
Who needs it
Every trade. Theft from vehicles is the dominant claim.
What it does not cover
Your commercial auto policy does not cover the tools in the van. Different policy.
Canadian wording
Where the Canadian form differs.
Called inland marine in the US. Canadian brokers say floater. Both terms need to resolve here.
Also calledTools floater, equipment floater, tools and equipment
At a glance
| Canonical name | Contractors’ Equipment |
|---|---|
| Abbreviation | — |
| How it is bought | Floater, usually scheduled or blanket |
| Category | Property & income |
| Typical limits | Range only, with the basis stated — Canada publishes no commercial tariff |
Limits are written to the exposure and to what your contracts demand, not to a rule of thumb. Any page quoting a single “standard” limit for a class of business is quoting one broker’s habit.
Related
Coverages people confuse this with.
Know what you need. Now get it priced.
One request, and someone licensed to place this coverage picks it up.
Is this the wording my policy actually uses?
Not necessarily. Canada has no single mandated commercial wording the way the US has ISO. The IBC form is the reference; many Canadian insurers write their own manuscript wordings derived from a mix of IBC and ISO. Where we describe the IBC form we say so, and the only authority on your coverage is your own policy document.
How much does this cost?
We publish ranges with the basis stated, never a single figure. Commercial premiums are driven by class, revenue, payroll, claims history, limits and the market cycle. A page quoting one number for a whole class of business is quoting a habit, not a market.
My contract demands this. How fast can I get it?
For most standard coverages, same day to a few days. Bonds and specialty lines take longer because they are underwritten individually. If you have a deadline, say so at the start of the request rather than at the end.
Does Insurance Genie sell this?
No. InsuranceGenie.ca is not a brokerage or an insurer. We explain the coverage and connect you with an appropriately licensed organization that can quote and place it, and we name them before your details are shared.
Be prepared
Claims scenarios: what happens next?
Hypothetical situations to help you prepare questions—not actual client claims or promises of coverage.
Tools stolen from a vehicle
Scenario: Tools disappear from a work vehicle overnight.
What happens next: Provide an inventory and theft report. Vehicle storage conditions, tool limits and deductibles may affect the assessment.
An allegation after completion
Scenario: A customer alleges completed work caused later damage.
What happens next: Report when the work and damage occurred. Completed-operations wording and exclusions need review.
Actual outcomes depend on the facts and applicable wording. Read claims guidance · Ask about the next step
