General Property Insurance is designed to cover certain portable business property that is taken away from your usual business premises.

It is commonly used for items such as:

• Hand tools and power tools
• Laptops and tablets
• Mobile phones
• Cameras
• Surveying and testing equipment
• Portable electronic equipment
• Other specialist trade or professional equipment

General Property cover can be useful for tradespeople, consultants and other businesses whose equipment regularly travels between locations.

Depending on the policy, cover may be arranged using:

• Specified items: Individual higher-value items are listed on the policy.
• Blanket cover: A total limit applies across a group of portable items.

The way cover operates can vary considerably between insurers.

For example, policies can contain specific conditions relating to:

• Theft from unattended vehicles
• Locked storage requirements
• Overnight storage
• Evidence of forced entry
• Individual item limits
• Unspecified equipment
• Accidental damage
• Geographic limits

It is therefore important not to assume that portable property is covered in every location or circumstance.

If you rely on tools or portable equipment for your business, contact our team to discuss the items you need to insure and how they are normally stored and transported.