The present invention provides a device (10) for inserting a tool (18) into a tool receptacle (14), said device comprising a first holding means (12), which is configured to hold a tool receptacle (14), a second holding means (16), which is configured to hold a tool (18), a linear guide (20), by means of which the second holding means (16) is able to move in relation to the first holding means (12) in an axial direction running along or parallel to a main axis (X) in order to move the tool closer to the tool receptacle and insert it into the tool receptacle, a sensing arrangement (40), which is able to move in an axial direction and is configured to sense in a contact-free manner an axial position of a first reference point (R1) associated with the first holding means and to sense in a contact-free manner an axial position of a second reference point (R2) for a tool held by the second holding means, and a measuring arrangement, which measures an axial displacement path of the sensing arrangement. The invention furthermore relates to a method for inserting a tool as well as a device having a clamping arrangement for holding the tool.