Aegis Blog

How Much Does Tool Insurance Cost?

How Much Does Tool Insurance Cost?

If you've got the cash to grab a sandwich from the local deli on your lunch break today, then you likely can afford to insure the tools and insurance that help you get the job done. How Much Does Tool Insurance Cost? The median premium for an artisan contractor's tools and equipment insurance is $14 per month. That’s around $169 per year for a policy with a $5,000 limit. Several factors go into determining your policy rate, ...

 

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