New research from Direct Line – Business highlights worrying stat for tool theft in England, Wales and Northern Ireland.
Research from Direct Line – Business has shown that tools are stolen from a tradesperson’s vehicle every 20 minutes in England, Wales and Northern Ireland.
Based on an analysis of data from police forces across England, Wales and Northern Ireland, Direct Line – Business says the findings highlight that theft of tools from vehicles is a frequent problem for tradespeople and the loss of vital equipment can present a serious threat to a tradesperson’s livelihood, especially in the current economic climate, preventing them from carrying out work and hitting their pockets hard.
Of the 28,681 incidences of tool theft, the research shows nearly a third (30%) were reported in London with the North West (27%) and Yorkshire and Humberside (12%) closely following.
When considering population density, Direct Line – Business says the North West had the most accounts of tool theft per resident, with Lancashire Constabulary reporting the highest levels of thefts in the region – an alarming 4,440 in one year.
Nandita Borkakoti, Product Manager at Direct Line – Business, said: “This new research reveals the shocking frequency of tool theft from vehicles. Tool theft is hugely disruptive and often results in tradespeople missing out on jobs. It’s vital they do all they can to protect themselves. Making sure their vehicles are secured, they’re diligent with locking away tools when unsupervised and that they have the appropriate insurance in place.
“With our new Tools Essentials offering we’ll help tradespeople get back to work quickly by helping to replace their essential tools within 24 hours, with an upfront faster payment of up to £1,500, subject to claims validation. Tools Essentials is available to all customers who have a valid tools claim and policy with Direct Line, whether from a locked vehicle, a secured garage, home or lock-up. Claims can be reported between 8am-6pm, Monday to Friday, except Bank Holidays, and policy limits apply.”
Borkakoti concluded: “At Direct Line – Business, we understand the major inconvenience of having tools stolen and the impact this can have on tradespeople’s ability to work and finances. Our Tools Cover is invaluable to tradespeople, giving them peace of mind, helping them to get back to work quickly should they fall victim to tool theft. When it comes to protecting tradespeople across the UK, we’re on it.”
Click here for tips on how to keep your van and tools safe.