Unspecified Tools of Trade coverage applies to smaller, commonly used tools insured together under a total limit rather than individually listed. Each item is typically subject to a per-item cap (for example, $1,000–$2,500) and depreciation may be applied based on age and wear. This arrangement suits businesses with many lower-value tools—such as drills or hand tools—where listing each would be impractical. Claims require evidence of the insured event and proof of ownership. Unspecified cover complements specified-item insurance by protecting everyday working gear. Policy limits, whether appliesand how it is calculated vary, so check your policy wording for details.
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