24 FEATURE
5
The thief would not know what to do with such tools but to the nearest pawn shop he / she runs to get a few bucks for whatever the need is at that moment . Insurance companies frown on that behaviour , and it is very unlikely they will pay out in cases like that . That is , of course , if the tools are insured !
While the cost of insurance is a grudge purchase it must not be looked at in this way . It should be considered reverse way of what is the loss of business if one does not protect tools firstly and the cost of replacement when they are stolen .
Insurance is competitive now days so it is good to shop around and bear in mind that the cost of replacement should also consider our volatile Rand .
“ While the cost of insurance is a grudge purchase it must not be looked at in this way .”
When insuring one ’ s vehicle include the value of tools . Be selective about the vehicle one purchases that it has good security features but above all – be careful with the ‘ tools of the trade ’. PA