TM reader David writes: “Today I was switching homeowner’s insurance and wanted to ensure that my workshop and its tools–worth an estimated $175,000–were properly insured. While the insurance agent was completely sure that they were covered, I asked for a copy of the actual policy. After reading it through, I discovered that instead of the promised $100 per tool, it was actually $1,000 for ALL THE TOOLS should they be stolen. I wonder how many other Toolmongers think they’re covered only to find out when they run into an event that they don’t have the coverage they expect?”