Contractors urged to up security as theft claim value increases
Building trades insurer ECIC is urging contractors to increase security to protect their equipment after the claims value of tool theft increased by £2226 in the past year.
The average value of claims increased from £2865 to £5091 with the highest value claim recorded at £83 500 for theft of electrical cabling and copper piping.
Of all of the loss claims reported to ECIC
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