Trades Coverage

Spreadsheet template

Tool Inventory Template

Build a tool list with values, photos, ownership status, and scheduling notes.

How to use this tool

Build a tool inventory with make, model, serial number, purchase cost, replacement value, photos, ownership status, and scheduling notes.

Who this is for

Contractors and business owners preparing insurance details for a job, contract, quote, certificate request, or renewal.

When to use it

Use it before sending a broker request, certificate request, contract response, renewal packet, or internal insurance review.

How to use it

Enter the details you have, review the generated spreadsheet template, and download a copy for your records or broker discussion.

What you get

A downloadable spreadsheet template that organizes the insurance details for this task in one place.

Tool Inventory Template

Build a tool list with values, photos, ownership status, and scheduling notes.

1. Fill in details

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2. Review the preview

The document below updates as you type.

3. Download the file

Blank fields stay as fill-in lines.

Fill in details

Use only the details you have now. Empty fields remain editable in the downloaded checklist.

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Spreadsheet template

Download inventory spreadsheet

A downloadable spreadsheet template that organizes the insurance details for this task in one place.

Available as XLSX, CSV. The file uses the current field values.

Download

Spreadsheet preview

Updates as you type before download.

Item name

Instructions

Category

Use hand tool, power tool, or heavy equipment.

Make

Enter maker name.

Model

Enter model name or number.

Serial number

Enter serial number when available.

Purchase date

Use the receipt date if known.

Receipt cost

Enter the amount paid.

Current replacement cost

Enter the cost to replace today.

Photo link or note

Add photo file name, folder link, or note.

Owned, rented, or borrowed

Mark owned, rented, or borrowed.

Scheduled status

Mark scheduled, unscheduled, or review.

Item name

Skid steer

Category

Heavy equipment

Make

Enter make

Model

Enter model

Serial number

Enter serial number

Purchase date

Enter purchase date

Receipt cost

Enter receipt cost

Current replacement cost

Enter replacement cost

Photo link or note

Add photo and receipt note

Owned, rented, or borrowed

Owned

Scheduled status

Review for scheduling

Item name

Excavator

Category

Heavy equipment

Make

Enter make

Model

Enter model

Serial number

Enter serial number

Purchase date

Enter purchase date

Receipt cost

Enter receipt cost

Current replacement cost

Enter replacement cost

Photo link or note

Add photo and receipt note

Owned, rented, or borrowed

Owned

Scheduled status

Review for scheduling

Item name

Compressor

Category

Heavy equipment

Make

Enter make

Model

Enter model

Serial number

Enter serial number

Purchase date

Enter purchase date

Receipt cost

Enter receipt cost

Current replacement cost

Enter replacement cost

Photo link or note

Add photo and receipt note

Owned, rented, or borrowed

Owned

Scheduled status

Review for scheduling

Item name

Generator

Category

Power tool

Make

Enter make

Model

Enter model

Serial number

Enter serial number

Purchase date

Enter purchase date

Receipt cost

Enter receipt cost

Current replacement cost

Enter replacement cost

Photo link or note

Add photo and receipt note

Owned, rented, or borrowed

Owned

Scheduled status

Review for scheduling

Item name

Drain machine or pipe camera

Category

Power tool

Make

Enter make

Model

Enter model

Serial number

Enter serial number

Purchase date

Enter purchase date

Receipt cost

Enter receipt cost

Current replacement cost

Enter replacement cost

Photo link or note

Add photo and receipt note

Owned, rented, or borrowed

Owned

Scheduled status

Review for scheduling

Item name

Trailer hand tools set

Category

Hand tool

Make

Various

Model

Various

Serial number

See attached list

Purchase date

Enter first purchase date

Receipt cost

Enter combined receipt cost

Current replacement cost

Enter combined replacement cost

Photo link or note

Photo each drawer or bin

Owned, rented, or borrowed

Owned

Scheduled status

Check blanket tool limit

Item name

Rented lift or rented equipment

Category

Heavy equipment

Make

Enter rental company

Model

Enter equipment model

Serial number

Enter agreement item number

Purchase date

Enter rental start date

Receipt cost

Enter rental charge or value

Current replacement cost

Enter contract replacement value

Photo link or note

Attach rental agreement

Owned, rented, or borrowed

Rented

Scheduled status

Check rented equipment limit

Item name

Employee-owned tools

Category

Hand tool

Make

Various

Model

Employee tool list

Serial number

Enter serials when known

Purchase date

Enter dates when known

Receipt cost

Enter known receipt cost

Current replacement cost

Enter replacement cost

Photo link or note

Ask for photos and receipts

Owned, rented, or borrowed

Borrowed

Scheduled status

Check employee tools limit

Item name

Scissor lift

Category

Heavy equipment

Make

Enter make

Model

Enter model

Serial number

Enter serial number

Purchase date

Enter purchase date

Receipt cost

Enter receipt cost

Current replacement cost

Enter replacement cost

Photo link or note

Add photo and receipt note

Owned, rented, or borrowed

Owned or rented

Scheduled status

Review for scheduling

Item name

Total replacement cost

Category

All categories

Make

All makes

Model

All models

Serial number

All serial numbers

Purchase date

All purchase dates

Receipt cost

Sum receipt cost

Current replacement cost

=SUM(H2:H10)

Photo link or note

Store backup photos and receipts

Owned, rented, or borrowed

All ownership types

Scheduled status

Use for limit review

Preview of downloaded spreadsheet template

Updates as you type before download.

Download inventory spreadsheet

How to use the inventory

Business: ________________ Contact: ________________ Inventory date: ________________ State: ________________

List every tool and equipment item your business owns, rents, leases, borrows, or is responsible for. Add photos, receipts, serial numbers, make, model, and current replacement cost when available.

Review high-value items with the insurance company. Some programs require higher-value equipment to be listed one by one, while lower-value tools may fall under a blanket unscheduled tools limit.

Claim proof notes

Keep a copy of this spreadsheet away from the truck, trailer, shop, or jobsite. Store photos, receipts, serial number images, rental agreements, and purchase records with the file.

Update the inventory after buying, renting, leasing, selling, or borrowing equipment. Ask whether covered losses are settled at actual cash value or replacement cost, and whether that valuation applies to scheduled items, unscheduled tools, and partial losses.

Next steps

  • Add photos and receipts before asking for a quote or filing a tool claim.
  • Review high-value items with the insurance company before assuming they are covered.
  • Check rented, borrowed, leased, and employee-owned tools against the policy limits.

What this includes

Download formats

XLSX, CSV

Fields

Business name, Contact name, Inventory date, State

Spreadsheet columns

Item name, Category, Make, Model, Serial number, Purchase date, Receipt cost, Current replacement cost, Photo link or note, Owned, rented, or borrowed, Scheduled status

Document sections

How to use the inventory, Claim proof notes

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Reviewed byHuy Huynh, technology lead at TradesCoverage and licensed insurance brokerNPN 22071436Last reviewed May 2026

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