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Tool theft in the UK has rocketed by over 30 per cent in the last full year.
With tool theft and van break-ins becoming more of a problem, we looked into the claims data to identify the areas that thieves are targeting.
Analysing millions of pounds worth of tools claims, reveals an alarming rise in both the number of thefts, and in the average cost.
The 30 per cent rise in the number of thefts, coupled with a 40 per cent growth in the average cost of claims, highlights a worrying trend for the UK’s tradespeople.
2022 saw more than 20 per cent more tool thefts than the previous year, suggesting the problem shows no signs of letting up.
We can insure stand-alone tools-in-the-van and cover limits range from £500 to £10,000.
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