tradesman insurance

TRADESMAN INSURANCE: It’s A Good News Story

Most of us don’t like thinking too much about things that might go wrong. After all, they may never happen, so why dwell on the downside? Much better to be optimistic.

Particularly if you’re a self-employed tradesman. Who ever heard of a convinced pessimist running a successful business?

So here’s a positive take on tradesman insurance. It could help you win more customers.

How? Well, these days, many commercial organisations, local authorities and private individuals will only give work to tradesmen and women who are properly insured. They want to be certain that if an accident happens and someone gets injured or property gets damaged, any successful claim they make will be honoured.

Which means that, as an insured tradesman, you’ll be able to tender for work that otherwise you wouldn’t be considered for.

And it’s good news too when you look at it from your side of the claim. Because if you are sued and you do already have tradesman insurance (including public liability cover) you won’t have to endure any sleepless nights worrying about the legal costs or the possibility of ending up bankrupt if you don’t have the resources to cover the amount of a claim made against you.

So when you think about tradesman insurance, don’t think of the negatives - something bad might happen. Think of the positives - if something bad does happen, it won’t be so bad after all.

And there’s more good news too. When you shop around for your tradesman insurance quote, you’ll find that you can get all the cover you need, including public liability, employers liability and tools/equipment, at very competitive rates.

In fact, you don’t even need to shop around. Simply follow the link to find the tradesman insurance you need at a price you’ll appreciate. 

TRADESMAN INSURANCE: Don’t Let An Accident Put You Out Of Business

Builders, plumbers, electricians, gardeners, carpenters, caterers, cleaners, painters & decorators. Of all the hundreds of different trades, the vast majority have one thing in common. An accident, mistake or oversight can result in injury to someone else or damage to someone else’s property.

Which is why tradesman insurance is so important.

A plumber fits a new pipe incorrectly resulting in thousands of pounds worth of water damage. An electrician’s faulty wiring causes a fire. A mobile caterer undercooks a burger and causes food poisoning.

When incidents like these happen - and there are similar examples for almost every trade you can think of - it’s all too likely that a claim for damages will follow. After all, with so many ‘no win, no fee’ deals available, it’s no wonder that customers these days are quick to seek compensation through the courts.

If an award is made against you - and don’t forget there’ll be legal costs as well - you could be faced with having to pay out a lot more than your business can afford.

However, if your insurance for tradesmen includes public liability cover, you’ll be able to carry on working, knowing that the insurance company will be picking up the bills.

Is public liability the only type of cover your tradesman insurance should include? Not if you have anybody working for you. Even if you only take on casual labour, employers’ liability insurance is a legal requirement. And there are hefty fines for failing to comply.

And if, like many tradesmen, you use expensive tools and equipment, you might want to add those to your tradesman insurance to protect yourself financially against the cost of them getting damaged or stolen.

Just follow the link to find the insurance for tradesmen that’s right for you.

Each day a tradesman turns up to work he faces numerous risks. A builder constructing an extension on a residential property, a plumber installing new pipes in a block of flats an electrician re-wiring a commercial building. The threat of causing property damage or bodily injury to a third party is all to real. 

One mistake, one piece of bad luck could destroy years of hard work and leave the tradesman facing horrendous compensation payments. Especially in today's litigious society where people are quick to proportion blame and chase damages if they have suffered financial loss. Who can blame them? They know the law is firmly on their side if such a dispute should occur.

How can tradesmen protect themselves ?

The best way for a tradesman to safeguard their livelihood is to buy tradesman insurance. A tradesman insurance policy takes the stress out of running a business. It protects tradesmen from costly claims of negligence if things go wrong at work be it personal injury to a member of the public or employee, or property damage caused by their actions - subsidence, flooding, fire etc.

A typical tradesman insurance policy will offer comprehensive coverage to builders, plumbers, electricians, plasterers, decorators, carpenters and more. The most important element of any tradesman insurance policy is public liability insurance.  This type of insurance protects tradesmen against 3rd party claims in the event that personal injury is caused or property damaged as a result of the their actions. Remember, public liability insurance claims against tradesmen are often very expensive, so its advised a minimum of £1million cover should be taken out.

Of course, most tradesmen also employ full-time staff or temporary/sub-contract workers. If this is the case a minimum £5million Employers Liability Insurance is a legal requirement. Employers liability insurance protects tradesmen in the event that one of their employee's gets injured at work. (by falling off a ladder for example) It will cover the legal fee's and compensation payments which might arise from a claim. 

Most tradesman insurance policies will offer 'bolt on' options like tools/equipment insurance, personal accident cover and vehicle/van insurance.  Always check a reputable insurer is underwriting the policy as you'll want to be sure they have the means to financially support you should a claim arise.

With premiums starting from as little as £50 per annum there is no excuse not to underpin your business with tradesman insurance!

TradesmanInsure.Co.Uk is the UK's leading tradesman insurance provider. We offer tailored cover for over 100 trades and specialist advice through our customer support hotline on 0161 833 2100. To get your cheap tradesman insurance quote and to obtain instant cover please click here