In any tradie’s line of work, risk is part of the job description.
However, that doesn’t mean you should be risky with the consequences. Getting Public Liability Insurance is a great way to make sure that when anything goes wrong, you’ll be in the clear.
So, what is it and why should every tradesperson have it?
Public Liability Insurance
This type of insurance is designed to protect businesses when other people or property are affected by incidents or accidents that happen on the job. For tradies, this is particularly important.
There are a lot of things that can go wrong on a work site, and when they result in injury to another person or damage to property, the tradie is often liable for any of the financial costs associated with the claim. These may include:
Keep in mind, Public Liability Insurance doesn’t cover:
When organising your insurance, it’s always good to talk through what exactly you’re covered for and what other insurances are available for what’s excluded. For more information, contact us at Tradesure.
Why You Need It
In many instances, Public Liability Insurance is actually a requirement for tradies to obtain a licence or access a worksite. A majority of builders and project managers understand the potential dangers of being on site and many require subcontracted or self-employed tradespeople to be covered by this insurance.
Obligations aside, having Public liability Insurance will save you money and keep your conscience clear in the long run.
If something happens during the job that results in your clients being injured or their property damaged, your clients will be entitled to a payout to cover the costs of the consequences. If you don’t have that money, not only will you be in financial stress but they won’t get the money they need to go on with their lives.
Getting covered isn’t as expensive as you might think either… and costs a lot less than taking the gamble without it.
To see exactly how much, get a quote from us at Tradesure or get in touch!
Public Liability
The Ultimate Guide To Electricians Insurance
All tradies have specific skills and risks involved with doing their job, but as an electrician you know there’s no shortcuts when it comes to safety. That’s why having the right insurance is a must. For electrical contractors and businesses the policy you need is ‘Electricians Insurance’. Here, we explain the insurance types you’ll need […]
Public Liability
A guide to trades insurance. What you need to know to get on-site.
Every day, tradies look danger and risks straight in the eye. Because whether you’re an electrician or a plumber, a carpenter or a builder, or any other type of tradie, you’re often only a moment away from a potentially hazardous situation. Would you get up on the roof of a three-storey building to replace tiles […]
Injury and Illness Insurance
Are You A Self-Employed Tradie? Read This!
If you’re working as a self-employed tradie, having the right insurance is critical to protect you and your business. As a self-employed tradie, your income depends entirely on your ability to work. Imagine being injured for six months, unable to work and not getting your regular pay. How would you meet your expenses and feed […]
Tradies Insurance
5 Simple Ways to Save Money On Tradie Insurance
Comprehensive tradie insurance is essential to every trade business and contractor… but that doesn’t mean it’s always cheap. Paying too much on your tradie insurance is going to have a huge impact on your finances. That’s why you want to do everything you can to make sure you are paying the right amount for your […]