Trades Insurance are specialist Public Liability insurance brokers providing reliable customised insurance policies to tradies across Australia.
What Is Public Liability Insurance?
All Public Liability policies provide cover for two things: damage to other people’s property and injuries caused to other people and arising from your negligence. Some policies include a broader definition of injury to include cover for things such as defamation, breaches of copyright or invasion of privacy, however this very much depends on the quality of the product you purchase.
Why Do You Need Public Liability Insurance?
Public Liability is a necessity for any business operating today. It isn’t a legal requirement, but in a world where many people are looking for someone to blame it would be crazy to operate a business without it.
Adequate tradesman Public Liability insurance is especially critical for tradesmen, due to the nature of their work often leaving them vulnerable to claims for property damage or bodily injury.
Trades and construction workers are often required to prove they have a current policy before they get on site to commence work. However Public Liability shouldn’t be seen as just a piece of paper to get you on site – it provides important protection for your business and for the owner’s personal assets, which can be at risk.
What Is Not Covered? – And What You Need to Know
Most policies do not provide cover for work with asbestos, contractual liability, or work on boats or aircraft. They also often have limitations or specific requirements around welding work, digging and excavation, or work over certain heights. In the event of a large claim (and serious bodily injury claims are now reaching $20 million), if the insurance limit is not high enough your personal assets will be at risk.
As with any insurance policy, it is strongly recommended that you read and fully understand the exclusions. It may be that your work is involved in some of these areas and you need to arrange a specialised product that doesn’t have those exclusions.
It is essential to review your cover and ensure that it has been tailored to meet your requirements.
It is also important to read any endorsements that are added to your policy. These are non-standard clauses that the insurer adds either to increase or reduce the cover. Make sure you understand any endorsements that have been added to your policy and if needed, seek to alter them or arrange an alternate policy.
How can Trades Insurance help?
- Custom policies specifically created for the trades and construction industries
- Top level cover at extremely competitive prices
- Access to 59+ insurers
- Operating in the Australian market for over 30 years.
With over 30 years’ experience in the insurance industry, we have become one of Australia’s leading brokers for Public Liability insurance companies.
We are here to help in any way you need, and what’s more, we’ll take as much time as we need to make sure we really understand your business, so that we are best placed to give you informed and reliable Public Liability insurance advice.
How refreshing is that? Someone who will actually listen and deliver a relevant service based on your unique needs. At Trades Insurance, that’s where we hang our hat – and we’ll do whatever it takes to ensure you feel valued and protected. We are Public Liability insurance providers who really do go that extra mile for our clients.
As a Public Liability broker, we have access to over 59 insurers and we work on behalf of you, the client, as opposed to the insurers, to secure the best-suited policy for your business – and at the best price.
Get in touch with one of our experienced brokers today to start the conversation.
See our Public Liability FAQ page for more questions and answers about trade Public Liability insurance.