A common question we receive is whether Tradesman Saver policies have a turnover limit. The good news is that there is no turnover restriction associated with our tradesperson insurance.
Our public liability coverage is flexible to accommodate businesses of varying sizes and revenue levels. As long as your trading activities fall within our covered trades, you can protect your business with Tradesman Saver regardless of your annual turnover.
What Factors Impact Your Premiums?
While turnover does not limit your eligibility for Tradesman Saver insurance, there are other factors that influence your insurance premiums:
- Number of employees – The more workers under your policy, the higher the premiums. We can cover up to 15 employees.
- Cover amount – Higher levels of public liability cover do increase costs. We offer policies from £1 million up to £10 million.
- Risk level – Work types deemed higher risk may have slightly elevated premiums.
- Claims history – Previous claims can result in increased renewal premiums.
- Optional extras – Adding optional covers like tools insurance can raise premiums.
No Limits on Business Size
Rest assured, whether your business is just starting out or well-established, Tradesman Saver can provide tailored cover without artificial turnover restrictions. However, it is worth noting that if you employ other tradespeople, then you will likely need employer’s liability insurance in addition to your specific tradesperson insurance policies.
Contact us today to discuss your specific insurance needs. We’ll find the right public liability cover for your business.
