Stock & Inventory Insurance

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Specialist insurance for plant hire shops, tool shops and builders’ merchants protecting stock held for sale

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We compare quotes from leading insurers

  • Allianz
  • Aviva
  • QBE
  • RSA
  • Zurich
  • NIG

STOCK & INVENTORY INSURANCE FOR PLANT & TOOL SHOPS

Why Stock & Inventory Insurance Matters

Plant hire shops and tool merchants often hold significant levels of stock for sale – including power tools, consumables, machinery parts, safety equipment and seasonal items. Unlike hire stock, this inventory is intended for resale, meaning losses hit profit immediately.

Stock & Inventory Insurance protects goods held at your premises against major insured events such as fire, flood, theft and malicious damage. Without specialist cover, a single incident can wipe out months of trading margin.

What Is Stock & Inventory Insurance?

Stock & Inventory Insurance covers goods held for sale at your premises. This includes retail stock, trade counter items, spare parts, consumables and seasonal inventory. Cover usually applies while goods are stored on-site and may extend to temporary storage areas, subject to policy terms.

This type of cover is different from tool hire insurance or tool & equipment insurance. It focuses on protecting the value of items you intend to sell, not assets you use or rent out.

  • Stock held for sale at plant & tool shops
  • Builders’ merchant and trade counter inventory
  • Spare parts, accessories and consumables
  • Seasonal stock fluctuations supported
  • Cover against fire, flood, theft and damage
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What Stock Can Be Insured?

Plant shops and tool merchants stock a wide range of items with very different risk profiles. Accurate valuation and categorisation is essential to ensure claims are paid correctly.

  • Power tools and boxed equipment for resale
  • Consumables (blades, discs, fixings, PPE)
  • Machinery parts and spares
  • Safety and site equipment
  • Seasonal and promotional stock
  • High-value items stored in secure areas
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Common Risks to Stock & Inventory

Stock losses are often sudden and severe. Unlike hire losses, you cannot spread the cost across future hires. Understanding the most common risks helps ensure your cover is adequate.

  • Fire and smoke damage destroying saleable goods
  • Flood or escape of water affecting boxed stock
  • Theft from trade counters, stores and yards
  • Malicious damage or vandalism
  • Loss of seasonal stock before peak trading periods
  • Business interruption following major stock loss
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FREQUENTLY ASKED QUESTIONS

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Is stock insurance different from tool hire insurance?

Yes. Stock insurance covers goods held for sale, while tool hire insurance protects equipment rented out to customers. They are structured differently and treated separately in claims.

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Does stock insurance cover theft?

Yes, theft is usually covered, subject to security conditions such as alarms, locks, CCTV and evidence of forced entry.

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Can seasonal stock increases be insured?

Yes. Many policies allow seasonal uplift to reflect higher stock levels during peak trading periods.

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Is business interruption included?

Business interruption cover can be added to protect lost income if a major insured event prevents you from trading.

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How is the stock value calculated?

Stock is usually insured on a peak or average value basis. Accurate stock records help ensure claims are settled fairly.

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