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Too many van drivers are not aware that their tools may not
be insured if they are stolen warns one commercial insurer.
Often, van owners assume they are fully covered for tools
carried in their van, and do not realise that a standard comprehensive
van insurance policy provides no cover for any loss of tools.
Gladiator Commercial, one of the UK's largest specialist van
insurers offers a solution with its Tools Cover.
For just £110 a year, van owners can have complete
peace of mind with cover for loss of tools to the value of
£2000.00. The cover is 24-hour and on an all risks basis.
This means it doesn't matter whether the loss of tools is
due to fire, theft or an accident - they are still fully covered,
even if the vehicle is not kept in a garage.
Chris Price, managing director at Gladiator Commercial, said,
"For van owners whose tools are their livelihood, our
Tools Cover is essential. We've made sure we can offer an
affordable premium for our customers, which still gives enough
cover in the event of a loss."
Issue date: 24th March 2005
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