Tradespeople May Be Under-Insured for Tool Theft

Tradespeople may be under-insured for tool theft

Barry Marsh, an insurance specialist at Trade Direct Insurance, warns that many tradespeople do not have the appropriate cover in place to ensure they receive financial reimbursement if their tools were stolen.  The post Tradespeople may be under-insured for tool theft  appeared first on PHPI Online.

Trade tool theft survey reveals concerns

For tradespeople across the UK, tool theft is more than just an inconvenience. It can bring work to a halt and rack up thousands in replacement costs. Tempcover carried out a survey of 500 UK tradespeople to explore how concerned they are about tool theft, what impact it can have and whether they are taking the necessary precautions to protect themselves. Over seven in 10 respondents (72%) reported having had their tools stolen, either directly …