I just switched Brian's tool insurance from Farmers to Pro-TEC and I am now only spending $350 a year for $70,000 of insurance on hand tools, welder, air compressor, tool boxes, etc...we were spending $747 every six months.
Anyway, I figured whoever needs insurance on your tools against theft, flood, fire, etc.... blanket coverage. The people are really nice and you can do it over the phone. You don't have to have a tool inventory list, though you will need one if you have a claim so do one up front anyway.
They offer $50,000 for $250 but we uppped it to 70 for $350. The guys name is Jim Bradanini and his email address