The Rising Tide of Tool Theft
The Rising Tide of Tool Theft and How Hired In Plant Insurance Can Help
Tool theft continues to surge across the UK, causing serious financial setbacks for builders, tradespeople, and contractors. With high-value equipment frequently targeted by criminals, many professionals are left struggling to replace stolen tools, with professionals finding themselves facing costly delays, project disruptions, and out-of-pocket expenses.
Fortunately, hired in plant insurance offers crucial protection against these growing risks—giving you peace of mind and keeping your projects on track.
The Scale of Tool Theft in the UK
According to recent industry reports, tool theft has surged in recent years, with thieves targeting construction sites, vans and storage units. The financial losses can be devastating, not just from replacing stolen tools – there’s also the loss of income, missed deadlines, and potential damage to your business reputation.
How Hired in Plant Insurance Protects Your Business.
If you hire tools or heavy machinery, you may be responsible for them while they are in your possession. Without proper coverage, theft or damage could result in significant out of pocket expenses. Hired in plant insurance UK policies help mitigate these risks by covering the cost of replacing stolen or damaged equipment.
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Why You Need Tool Hire Insurance?
- Covers Theft and Accidental Damage: Tool hire insurance ensures that if your hired equipment is stolen or damaged, you’re not left covering the cost alone.
- Keeps Projects on Track: Quick replacements mean minimal downtime, helping you meet deadlines without unexpected financial burdens.
- Protects Against Financial Losses: Replacing specialist tools and machinery can be costly – hire equipment insurance provides financial security.
- Meets Hire Company Requirements: Many equipment hire companies require proof of equipment hire insurance before renting out machinery.
At Insurance4Plant, we offer competitive and tailored insurance solutions designed to fit your needs, ensuring you’re only paying for the coverage you truly require.
Don’t Get Caught Out – Protect Your Equipment Today!
With tool theft becoming an increasing concern, it’s more important than ever to have the right insurance in place. Our team at Insurance4Plant can help you find the best hired in plant insurance policy to protect your business from unexpected losses.
Why an Insurance Expert is Your Best Asset
- Our experts provide coverage tailored to your business
- We can assist with proactive risk assessment to identify potential vulnerabilities
- We will support you through any claims, helping to simplify the often complex processes.
- Our team of industry experts remain informed about industry trends and changes to keep policies up to date and effective.
Our 25+ years experience of in providing insurance for plant hire means we have the knowledge to guide and support you with plant hire insurance.
Contact our team now to receive a bespoke quote for your business.
Insurance4plant covers under the facility include:
- Annual Hired in Plant Insurance
- Heavy Excavator Insurance
- Mini Digger Insurance
- Cherry Picker Hire Insurance
- Scissor Lift Hire Insurance
- Crane Hire Insurance
- Generator Hire Insurance
- Lighting Tower Hire Insurance
- Site Accommodation Insurance
- Telehandlers Hire Insurance
- Roller Hire Insurance
- Skip Loader & Mini Digger Hire Insurance
- Compressor Hire Insurance
Contact the team today