Contents cover for vans
Posted on June 30th, 2011
In UK law a tradesman’s ‘tools of the trade’ enjoy special protection. If the Bailiff comes calling to take away property to sell to pay off your debts, those items which you need to earn your daily bread are sacrosanct. They cannot be taken. This special legal status is in recognition of the paramount importance of these tools.
Clearly your tools deserve as good protection from risk as a specialised insurance policy can give. If your business involves travel in a commercial van then the contents of the van which will largely consist of your tools and materials you need to carry out your jobs, should be well insured as part of the van’s insurance since that is where they will probably be at their most vulnerable to theft. If you have to leave your van, contents inside while you carry out work at an address in an unfamiliar part of town, you will want to know that if there is a break-in to the van then your losses won’t be such as to bring your business to a halt.
So, shop around for a specialist policy from a provider who understands your business, and can suggest realistic levels of cover. This must be one of the most vital sections of the insurance, and deserves careful scrutiny so that you do not inadvertently lose protection by leaving the tools unsecured in the van for example. Above all do not omit this cover. You could be assuming that it is part of your premises contents insurance but that may well not be the case.
When selecting cover from any van insurer, be wise to choose the option which allows you to replace any items lost or stolen with their new equivalents rather than only insuring for second hand vale. While you may be lucky enough to source a good set of used tools which are exactly what you need, that could take time which you do not have when you are in the position of trying to get your business back off the ground after a blow like the theft of your tools in their entirety. You need to get going again quickly and you need to be able to by what you need without spending valuable time shopping around.
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