It can, where the policy includes suitable property cover. Road-risk insurance by itself is principally concerned with vehicles and driving, so tools and diagnostic equipment commonly require a combined motor-trade or separate business section.
The schedule should identify where property is insured and on what basis. Equipment permanently at a workshop may be treated differently from scan tools, laptops or hand tools taken to customer premises.
Important limits and conditions
Check the total sum insured, single-item limits, accidental-damage basis, theft protections and whether equipment is covered in unattended vehicles. Some policies require tools to be hidden in a locked load area, removed overnight or protected by specified alarms.
Use replacement values
Diagnostic subscriptions, calibration targets, battery equipment and specialist tooling can cost more to replace than their written-down accounting value. Include accessories, software-related hardware and newly acquired items.
Cover for theft or accidental damage does not normally pay for routine breakdown, wear, calibration or obsolescence unless a specific extension says otherwise.