The true cost and impact of tool theft for tradespeople
13 October 2020
Although vehicle theft has declined in recent decades, there’s a widely-recognised rise in tool theft from vehicles in the UK - which shows no signs of slowing down.
In just two years, tool theft from vans has increased by 54%, and it’s estimated that in the UK a van is broken into every 23 minutes.
Tool theft is a crime trend that is now referred to as an epidemic
Specialist building services insurer ECIC states last year that the average claim for tool theft was £2,685, but in reality, the…
