Are you a micro-entrepreneur in the rental of goods or equipment? Protect your business: professional liability, theft, breakage, transport, storage. KT Assur&Bank's comprehensive business insurance covers your equipment and your clients.
The rental of tools, equipment, and everyday items is booming. More and more micro-entrepreneurs are launching businesses in the circular economy: renting DIY equipment, machinery, tools, shared items between individuals, event furniture, and more.
While this activity is accessible and profitable, it requires appropriate insurance coverage , as the risks — breakage, theft, accidents, disputes — are often underestimated.
Here is what a micro-entrepreneur absolutely needs to know to be well protected with comprehensive business insurance adapted to the circular economy .
Why does the circular economy require specific insurance?
Equipment handled by different users
Contrary to typical usage, here:
- The equipment circulates between several hands,
- Users have varying levels of experience,
- The risks of misuse increase.
Cumulative value of the equipment
Even "simple" objects put together (tools, drills, machines, tents, sound systems, etc.) often represent a high level of capital , essential to the activity.
Multiple risks
Micro-entrepreneurs are exposed to:
- equipment damage
- theft,
- damages to customers
- disputes arising from the return of equipment,
- liability in the event of an accident caused by a rented item.
Often a mobile activity
The equipment circulates, is transported, used on construction sites or at home → the risks are higher than in a fixed shop.
What is a comprehensive business insurance policy for micro-entrepreneurs?
This is a contract that covers both the equipment, the activity and the liability of the micro-entrepreneur .
It generally combines several essential guarantees:
- professional liability insurance (RC Pro)
- damage to equipment
- Theft & vandalism
- legal protection
- Business interruption insurance (as per contract)
- covering the premises or storage space
For jobs in the circular economy, it is essential .
Essential guarantees to consider for micro-entrepreneurs in the rental and shared goods sector
1. Professional Civil Liability (RC Pro)
This is the essential guarantee.
It covers:
- damage caused by the rented equipment
- injuries or accidents at a client's home
- damages related to a malfunction of a rented item.
Example :
A customer is injured while using a rented circular saw → professional liability insurance protects the contractor.
2. Damage & Breakage Guarantee for Rented Equipment
The equipment may be:
- broken,
- deteriorated,
- rendered unusable
- burned,
- damaged during transport.
Concrete examples:
- A generator falls over during transport.
- A video projector falls during an event.
- A drill was burned due to improper handling.
Without a suitable warranty, the contractor must replace the equipment at their own expense.
3. Theft & Disappearance Guarantee
The circular economy often involves rentals without direct supervision.
Common cases:
- disappearance of equipment after a rental period
- theft during an event,
- theft from a utility vehicle,
- theft in an unsecured location.
A comprehensive business insurance policy can cover this risk, subject to certain conditions.
4. Warranty for the transport and roaming of equipment
Many micro-entrepreneurs:
- deliver the equipment
- they transport it themselves,
- intervene on site.
A good multi-risk business insurance policy should cover equipment even outside the premises , including in a vehicle or on a construction site.
5. Warranty for the premises or storage space
Even if the micro-entrepreneur works from home, their equipment must be protected against:
- fire,
- water damage
- vandalism,
- storm,
- break-in.
6. Professional legal protection
Essential for managing:
- disputes with a client (breakage, non-return, disagreement),
- unpaid bills
- contractual difficulties
- conflicts related to rental conditions.
7. Business Interruption Insurance (optional)
In the event of a major disaster, it helps to compensate for the loss of income.
Example :
A fire destroys all the equipment → activity impossible for several weeks → the loss of operation compensates the entrepreneur.
Concrete examples of micro-entrepreneurs concerned
1. DIY equipment & tool rental
Drills, jackhammers, sanders, ladders…
→ High risk of breakage and accidents.
2. Rental of shared items (furniture, sound system, decorations)
Chairs, tables, tents, video projectors…
→ Risk of deterioration during events.
3. Event equipment rental
Stages, lighting, speakers, cameras…
→ Risk of loss, theft or impact.
4. Sports equipment rental
Bicycles, paddleboards, scooters…
→ Intensive use + outdoor exposure.
5. Circular workshops & services
Organizations that lend equipment on demand.
→ Each loan = a risk of non-return or damage.
Why choose KT Assur&Bank for this type of insurance?
- Prices tailored to micro-entrepreneurs , even with a small budget.
- Offers can be tailored according to the type of items rented.
- Possibility of covering mobile equipment.
- Dedicated support to assess the real risks of the activity.
- Integrated legal protection according to the formula.
Conclusion
The circular economy opens up exciting opportunities for micro-entrepreneurs, but it demands robust business insurance. Between breakage, theft, liability towards clients, and risks associated with travel, a well-structured comprehensive business insurance policy becomes essential. With KT Assur&Bank, you benefit from complete, flexible protection tailored to your rental or shared goods business.