BradNaylor
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- 17 Oct 2007
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CWatters":fjhlltsr said:Don't forget to change the locks and get insurance.
Oh boy, this is a can of worms...
Agree with the locks; get really good ones and make sure that the doors are sound. Get roller shutters fitted too.
Insurance...
Insurance companies basically are bookmakers. They assess the odds of you having a mishap and charge you a premium accordingly - with a profit for themselves built in. This means that the odds are stacked in their favour - the insurance company always wins in the long run. Just like a bookmaker.
Certain things you've got to insure; you've got to have public liability insurance and employers liability if you have staff. You've also got to insure motor vehicles by law.
It makes sense to insure your workshop for fire. A fire could clean you out competely and you might never recover financially from it.
Insurance against theft however, is a bit of a grey area. You could well be asked to pay £500 - £1000 per year for this. Think about it.
Even if someone got into your workshop in the middle of the night what are they going to nick?
A few power tools? Possibly even your mitre saw?
It's difficult to imagine how a couple of scrotes could get away with much more than a grand's worth of gear. This is not going to bankrupt you.
Say the chances of this happening are once every five years. It's actually cheaper to take the risk yourself!
There is a very good case for spending your money on extra security rather than theft insurance.
Oh, and about alarms...
The type that phone the police are a waste of time IMHO. By the time the police respond the scrotes will be well away. Better by far are sirens that will make their ears bleed. Literally. They will be on their toes in seconds.
Just my twopennerth...
Dan