Tradesman Insurance

Insurance for Tradesman

As a tradesman, it is vital that you have the necessary business insurance cover to protect you from the unexpected. Tradesman insurance refers to the type of business insurance that provides specialised cover for the hazards and risks involved when working in a specialist trade. Tradesman insurance offers varying levels of cover for important factors such as contributions towards legal fees, as well as cover for tools and equipment related to your work.

Find the most competitive tradesman quotes

As you would expect with a definition as broad as tradesman, there are many different types of specialist tradesman insurance, as well as more broad tradesman cover. Typical trades covered by a tradesman insurance policy include builders, cleaners, painters, carpenters, decorators, consultants and contractors.

The level and type of tradesman insurance that you will need will depend upon your line of work, and the extent of cover that you seek.

The common choices of tradesman insurance typically include:

Public liability insurance covers the legal fees and potential compensation costs you would be liable for if you are sued as a result of someone getting injured or something getting damaged as a result of something you have done whilst working.

Employers liability insurance will cover claims from your employees should they get injured or fall ill as a result of their employment with you.

Business legal protection insurance is a policy designed to protect you from the cost of commercial legal action and the related expenses.

Typically, the Collision Damage Waiver (CDW) and Supplemental Liability Insurance (SLI) will be included within the rental agreements, rather than in the excess cover insurance, but ensure you check the paperwork.

Tool insurance will financially protect you should your tools and equipment be lost, stolen or damaged.

Business equipment insurance covers for office related equipment and other similar contents used for your business. Plant and machinery insurance covers both owned and hired plant and machinery if it gets damaged or is stolen.

Business buildings cover is a specially designed insurance policy to cover your business premises should it become damaged, including the fittings and fixtures

Personal accident insurance will compensate for the loss of income and any medical bills that might arise should your work cause you to fall seriously ill, receive a serious injury or pass away.

Contract works insurance is specifically for tradesmen working on construction projects, covering the building should it become damaged or destroyed by events such as a fire or flood whilst the work is being carried out.

Business interruption insurance will financially cover the business should an interruption occur due to a flood, fire or similar unexpected events

What isn’t covered by tradesmen liability insurance?

Whilst tradesmen insurance covers a lot of eventualities, it is important to understand what isn’t covered before searching for tradesmen insurance quotes online. Your tradesmen insurance will have some exclusions, the exact nature of which will depend on the policy and level of cover that you take out.

Important things to look out for:

Behaviour limitations: Cover such as your public liability insurance may not pay out if claims for injuries are caused by irresponsible, reckless or illegal behaviour, such as being under the influence of substances whilst at work.

Security limitations: If adequate protection was not used for your items, such as locks, then you might not be covered for the loss, theft or damage to your property and goods.

Wear and tear: If your item is damaged as a result of standard wear and tear, it is unlikely to be covered by your insurance policy that is designed to cover for vandalism, damage or theft.

Claim limits: Your insurance policy will have financial limits in place for claims, whether as singular claims or as a whole. The cheaper the policy, often the lower the financial claim limit you can make. Important to remember this when choosing a tradesmen policy quote online.