Name: Asena Capital Insurance Services
Address: San Diego, CA, US
Telephone: (858) 925-9555
Price range: $

Quick Answer

Tools & Equipment Insurance (technically Inland Marine in carrier language) covers your tools and small equipment against theft, transit damage, and job-site loss. Most contractors carry $10,000–$50,000 in coverage for $500–$1,500/year. GL and Commercial Auto do NOT cover stolen tools — this is the policy that does. Call (858) 925-9555 for same-day binding.

What Inland Marine Covers

Despite the name, Inland Marine has nothing to do with boats — it's the legacy term for property that moves. For contractors, that means:

Hand tools and power tools
Small jobsite equipment (compressors, generators, ladders)
Materials in transit
Tools in your work truck overnight
Tools temporarily at a customer's site
Rented or leased equipment

It does NOT cover heavy equipment titled and registered separately (excavators, dozers, etc.) — those need a Contractors Equipment policy or Equipment Floater.

Why GL and Commercial Auto Won't Pay

General Liability pays for damage YOU cause to OTHERS — not your own property.
Commercial Auto covers the vehicle itself but excludes contents (tools).

A break-in at your overnight job-site truck leaves you with zero coverage unless you have Inland Marine.

Coverage Limits and Deductibles

Most carriers offer:

Coverage limit	Typical annual premium
$10,000 schedule	$400 – $700
$25,000 schedule	$700 – $1,200
$50,000 schedule	$1,200 – $1,800
$100,000 schedule	$1,800 – $3,000

Deductibles run $500–$2,500. 2026 estimates.

Inventory your tools and call (858) 925-9555 — we'll bind a policy that matches your real value.

Documenting Your Tools

Carriers want a schedule for items over $1,000 (serial numbers, photos, receipts). For items under $1,000, a "blanket" limit usually covers without itemizing. Keep an inventory spreadsheet and update it annually.

Call (858) 925-9555 to protect your tools today.