Dewalt 1/2 inch Impact Wrench

 


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Relevant Background: "An impact wrench (also known as an impactor, impact gun, air wrench, air gun, rattle gun, torque gun, windy gun) is a socket wrench power tool designed to deliver high torque output with minimal exertion by the user, by storing energy in a rotating mass, then delivering it suddenly to the output shaft...Impact wrenches are widely used in many industries, such as automotive repair, heavy equipment maintenance, product assembly, major construction projects, and any other instance where a high torque output is needed.." ("Impact Wrench", https://en.wikipedia.org/wiki/Impact_wrench)
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Relevant statistics on roadside emergency: “The global vehicle roadside assistance market size is poised to reach USD 29 billion by 2026, with CAGR of 3.8 %, Study by Acumen Research and Consulting..." (“ Vehicle Roadside Assistance Market Size Worth USD 29 Bn by 2026", https://www.prnewswire.com/news-releases/vehicle-roadside-assistance-market-size-worth-usd-29-bn-by-2026-300966112.html)
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Relevant statistics on Auto accidents:
a. Ontario: “A study of the reported incidents, carried out by Ontario’s Ministry of Transportation (MTO), revealed that over the 4- year period, there was a total of 389 reported wheel separations from light-duty vehicles in the monitored region. Of these, 29% had resulted in a collision...” ("Dont Let the Wheels Come Off How to Prevent Wheel Separation”, https://www.caasco.com/blog/Automotive/dont-let-the-wheels-come-off-how-to-prevent-wheel-separation)
b. Wheel run off accidents elsewhere: “A wheel runoff accident is often referred to as a road debris crash. Approximately two-thirds of road debris-related crashes involved debris that became detached from a vehicle, including wheels, tires, driveshafts, etc. These items can either strike another vehicle as they detach or remain on the roadway and contribute to a crash.", .. Over-torqueing the lug nut: Overtightening the bolts that are used to secure the wheel to the car. This is the most common cause of wheel runoff accidents...Under-torqueing the lug nut: When the bolts securing the wheel to the car aren’t secured tightly enough. “ (“Wheel Runoff Accidents – Will Insurance Try to Blame You?”, https://www.farrinlawblog.com/wheel-runoff-accidents-will-insurance-try-to-blame-you)
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Global Battery Market: “The global battery power tools market size was valued at $22,440.0 million in 2018, and is projected to reach $44,062.0 million by 2026, growing at a CAGR of 8.5% from 2019 to 2026..” (“Battery Power Tools Market Outlook - 2026", https://www.alliedmarketresearch.com/battery-power-tools-market/amp)
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Relevant Insurance Coverage:
a. Personal property coverage
b. Auto insurance: all perils, collision, upset, no fault, liability , uninsured auto
c. Garage auto policy
d. Liability both for personal injury and property damage , liability of children, employers liability for employees
d. Travel & health
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Relevant Coverage: 
A. Auto Insurance - Comprehensive (All perils) 
B. Liability Insurance 
C. Travel and Health Coverage 
D. Life Insurance
E. Life Jacket, panic button, anti-drowning bracelet, GPS Tracker
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Location: North America

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