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Stamp Out Tool Theft

October 10, 2019 featured image

Simply Business, an online broker of business insurance, is spearheading a campaign targeting tool theft.

The company’s Chief Operating Officer, Bea Montoya said: “Tradespeople are the backbone of Britain, but they’re being stopped in their tracks on a daily basis due to the ongoing tool theft epidemic.”

Research shows that a third of all tradespeople have had their tools stolen at some point, and that costs relating to the crime are considerable. Tradespeople are spending an average of £2,135 on replacing the tools that have been stolen and have to swallow an average of £870 in lost earnings.

Tougher penalties

In a recent survey on the subject, Simply Business discovered that 84% of respondents think the government isn’t doing enough to stop the problem. 15% suggest a fine of £10,000 would be appropriated and over a quarter believe a five-year prison sentence would be a fitting punishment for the crime.

Sign the petition

Simply Business is calling for the government to take a stronger hand by increasing the fines of those convicted of tool theft and placing tighter regulations on the selling of second-hand tools on the black market.

To this end, they have launched a petition that needs 100,000 signatures in order to trigger a debate in Parliament. To sign the ‘Stamp Out Tool Theft’ petition please click here

Preventing the thieves

The survey showed that the tools of a third of respondents had been stolen from building sites, whilst 16% had lost tools whilst their van was parked in the street or a public car park.  Although thieves have sophisticated ways to break into vehicles, and are often very determined, there are steps you can take to protect your property:

  • Store your tools sensibly. Try not to leave them in your van overnight
  • To deter thieves, park in a busy, well-lit area, preferably in view of CCTV cameras
  • Park with the sliding or rear doors against a wall or sturdy fence so that they can’t be opened
  • Mark your property with paint or permanent marker to help identify it if the worst happens
  • Keep a note of serial numbers and the make and model of the tools. This will help police identify your property if it’s recovered as well as help you make an insurance claim
  • check your insurance policy to find out exactly what’s covered e.g. what the limits and excesses are, and if there are any conditions
  • Keep your eyes peeled for dodgy deals. If something’s being sold too cheap, it’s likely to be stolen. Report the seller and you might help someone else recover their stolen tools

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