Property damage from work carried out by a employees and subcontractors come in many different forms, such as a gardener felling a tree that falls on to a property and damages it, a plumber fitting pipework that springs a leak, or an electrician installing wiring that causes a fire. The potential for damage is enormous and so is the risk of injury to your customers or the general public. Public liability is an essential for tradesman covering claims made from damage to property or injury as a direct result of your work. Proof of public liability is often required before being awarded a work contract.
2. Employee accidents
Workplace accidents happen all to often on site, especially if tasks involve the use of tools, equipment or working at heights. As an employer, you have a duty to ensure that their health and safety is protected, and taking out employer’s liability insurance is part of this legal obligation. Employer’s liability protects your business if staff make a compensation claim against you for workplace injuries, such as chopping a finger off using your tools, tripping over cables or even illnesses caused by exposure to certain substances.
3. Stolen tools
Tools are expensive and indispensable to a tradesman, unfortunately theft on a worksite is a common claim along with loss of tools. Are you able to continue working without tools? It’s important to check if the policy covers you for tools left in your van, especially if they are stolen overnight.
4. Contract work
Sometimes not everything goes to plan, damage can occur on site before the end of the project or contract term. Contract works insurance can offer you the vital cover you need to ensure the damage is repaired, or that you’re paid what you’re due up until the time of damage.
5. Making mistakes
If your work involves offering advice, consultancy services designs for your clients, professional indemnity insurance can offer you peace of mind. Professional indemnity covers you for claims made for errors in your work that cause financial loss for clients. The legal expenses incurred as a consequence of compensation claims is also overed under this policy.
6. Hired machinery damage
Not all tradesmen have their own plant, many rely on hired plant or machinery, such as diggers, concrete mixers and forklifts. If these hired items get damaged or stolen, you could be liable for replacing them, which would be extremely costly along with damaging the relationship with your plant supplier. Hired plant cover protects you from having to pay these costs along with making the hiring process a lot smoother, compared to the usual last minute rush to find hired in plant cover.
Any questions? Please don’t hesitate to contact one of our team.