Discuss Tool Insurance Necessary? in the Business Related area at ElectrciansForums.co.uk.

Tags:
Please make sure you checkout our forum sponsors, many do discounts for members and, they keep the forum free to use.
  1. rolyberkin
    Offline

    rolyberkin Electrician's Arms

    Location:
    Chelmsford
    Okay I am coming up to renew on van insurance, do you all take out tool insurance, my tools are never left in van overnight or if are it is in the garage locked up. I read something today on putting the amount spent on insurance away every year to pay should something go walk about, views? £1k locked in van insurance is £64.
     
  2. westward10
    Offline

    westward10 Sponsored by failure. Electrician's Arms

    Location:
    Northamptonshire
    Waste of money in my view.
     
    • Like Like x 1
  3. telectrix
    Online

    telectrix Scouser and Proud of It Trusted Advisor

    Location:
    cheshire/staffordshire
    Business Name:
    Telectrix
    just had a quote for PL insurance, 2mill and 2k on tools included.. £115 for the year.
     
  4. rolyberkin
    Offline

    rolyberkin Electrician's Arms

    Location:
    Chelmsford
    Did it have indemnity insurance, I end up getting stuffed as I have a general maintenance/builder extension to my policy and with indemnity insurance it works out at about £265 without tools. A mate of mine who used to work in insurance says a man is not adequately insured until the cost of his premiums exceed his available cashflow!:)
     
    • Like Like x 1
  5. telectrix
    Online

    telectrix Scouser and Proud of It Trusted Advisor

    Location:
    cheshire/staffordshire
    Business Name:
    Telectrix
    no.i had indemity up to now, but don't need it anymore. anyone sues me for wrongful advice now, i'll be dead before it goes to court.:(
     
    • Funny Funny x 2
    • Like Like x 1
  6. sparkdog
    Offline

    sparkdog sparkdog Electrician's Arms

    Location:
    Sunny Sussex
    Business Name:
    C MacRae Electrical
    Good excuse to buy more nice new tools if they get nicked.
     
  7. marc8
    Offline

    marc8 Electrician's Arms

    Location:
    Essex
    Business Name:
    MTS Electrical Ltd
    Hi all
    just had renewal went to another company from what I normally use beat the cost by £100.00, like for like went through on phone with my old paperwork.
    turns out when I got the email documents they had missed off the professional indemnity insurance for got on it that day, they had to check phone records & said it was mentioned & was a grey area but had to get refund.
    had to go back to old insurance company for change back left me with 6 days out of insurance because of their incompetence.
    renewal was £743.00.
    10mil employ
    5 mil public
    500 full indemnity
     
Loading...
Similar Threads - Tool Insurance Necessary Forum Date
Pete's Videos Pornography for all you tool tarts Electrical Forum Yesterday at 8:01 PM
Where do you buy hand tools? Electrical Tools and Products Monday at 11:26 PM
Tool Backpack recommendations Electrical Tools and Products May 17, 2017
For tool tarts every where Electrical Tools and Products May 1, 2017
SWA RP625 crimp tool Electrical Tools and Products Apr 30, 2017
Old style tools, anyone still got any left? Electrical Tools and Products Apr 24, 2017
New toolbag suggestions? Electrical Tools and Products Apr 22, 2017
Domestic Semi skilled electrician recently moved to South Wales looking for work. Own tools and transport. Electricians Looking for Work / Jobs Apr 18, 2017
eBay Tools - Some deals and things Electrical Tools and Products Apr 13, 2017
PVC conduit bending tool Electrical Forum Apr 2, 2017

Share This Page

Electricians Directory Post a Domestic Job Post a Commercial Job