Gladiator - part of the Admiral Group
women wearing a headset smiling

ARCHIVED PRESS RELEASES

CAN YOU AFFORD TO LOSE YOUR TOOLS?

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

Back to archived press releases