The Hidden Costs Are Adding Up
Tool theft doesn’t just mean the cost of replacement. It means downtime, project delays, and missed opportunities π
For self-employed contractors, a single instance of theft could mean losing out on up to £5,000 in tools, which is devastating when you consider the average cost of insurance deductibles and replacements. And that’s before even factoring in the potential loss of business or time spent off-site trying to source new tools!