What is Tradesman Public Liability Insurance?

When you are tradesmen, you and your company may be financially liable for the costs of any accident caused by you or one of the contractors you employ. By choosing to get tradesman insurance that includes public liability cover, you will receive protection against any sort of damage you or your contractors cause on the property of the client. It will even offer protection in situations where a member of the public is injured because of the work you do too.

Who needs tradesman public liability insurance?

Whether you are an electrician or a joiner, you can get tailored tradesman liability insurance covers to suit your business. Premiums for this sort of insurance vary depending on the type of business you own, whether you are a one-man band or you have a team in place, and whether or not you are a limited company.

As a tradesman, you may be financially liable for the costs of any accidents caused by you or one of the contractors you employ. By choosing to get a tradesman insurance policy that includes public liability cover, you will be protected against any damage on a client’s property.

Tradesman insurance is designed to protect you financially if someone is injured or their property is damaged as a result of your work. For this reason, it is an essential form of cover for any tradesman and can give you peace of mind when carrying out your work.

Who Needs Tradesman Insurance?

Tradesmen who provide services such as plumbing, electrical work, carpentry, roofing, landscaping and many other specialised services can benefit from tailored tradesman liability insurance covers to suit their business.

Premiums for tradesman insurance vary depending on the type of business you own, such as whether you are a sole trader, own a limited company, or have employees. However, tradesman insurance is always designed to protect your assets and cover compensation costs for any legal expenses or settlements.

As well as protecting your business against claims made by customers for accidental injury or property damage, tradesman insurance cover is also effective in improving the reputation of your business.

In fact, many customers will now insist on seeing proof of your tradesman business insurance before you are able to work on site.

Is Tradesman Insurance Cover Legally Required?

If you’re not sure what public liability insurance is, it is not a legal requirement for all types of businesses. However, you should consider it essential for your business if members of the public are interacting with your company in any way.

This includes clients who are visiting your site, or where you are working at a customer’s property. As such, even business premises that are home-based may need to consider public liability insurance if they use their home office to meet with clients.

What’s more, it is important to note that while public liability insurance is not legally required, many clients require you to have tradesman insurance before they allow you to work on their property or with their customers.

Ultimately, while it is not a legal requirement for all businesses, having adequate insurance in place is essential for tradespeople who want to protect themselves from compensation claims.

What Does Public Liability Insurance Cover?

Tradesman insurance typically covers the cost of personal injury or property damage claims made against you by third parties. This may include medical expenses, legal fees, repair costs from accidental damage, and any other costs associated with the claim.

For example, if you are member of the public tripped over your tool box and injured themselves, tradesman insurance would cover any legal and compensation costs made against you. You would also be covered if you were to damage a customers property.

The bottom line is that tradesman public liability insurance can help protect your business from financial losses stemming from personal injury or property damage claims made against you by third parties.

To determine the exact terms and coverage of your tradesman insurance policy, it is important to speak with an insurance provider.

How Much Does Tradesman Insurance Cost?

The cost is entirely dependent on the kind of work your business undertakes. At Tradesman Saver, we offer a wide range of policies to suit many different trades in the industry. Each of these costs a different amount depending on the level of risk involved and the level of cover required.

Our online business insurance quote form allows you to select up to 3 different trades, but if you want to list any more than 3 trades, simply give us a call and we’ll be able to arrange the cover you need.

Our policies start from less than £59 per year for public liability, products liability, financial loss and legal expenses insurance cover.

Many small businesses assume that they can make do without public liability insurance, especially if they work from a residential address. However, even a simple incident such as spilling coffee over a client’s computer could end up costing you thousands of pounds if you do not have tradesman insurance, so it’s best to err on the side of caution.

Get Tradesman Saver’s Public Liability Insurance Today

If you are a sole trader who needs to protect your business from personal injury or property damage claims, then Tradesman Saver’s public liability insurance is the right coverage for you.

Our business insurance is tailored to meet your specific needs, offering competitive rates and flexible payment options.

Get the right cover and protect your business from financial losses today. We provide professional advice on tradesman insurance, as well as other cover types, including employers liability insurance, professional indemnity insurance, and personal accident insurance.

Contact us today to learn more.

Besides protecting your business against claims made by customers for accidental injury or property damage, public liability insurance is also a great way to improve the reputation of your business.  In fact, many customers will now insist on seeing proof of your tradesman public liability insurance before you will be able to work on site.

Is public liability insurance compulsory?

If you’re not sure what public liability insurance is, it is not a legal requirement for all types of businesses; however, you should consider it essential for your business if any members of the public are likely to be interacting with your company in any way. This includes clients who are visiting your site, or where you are working at a customers premises or in their home. As such, even businesses that are home-based may need to consider public liability insurance if they use their home office to meet with clients.

What does public liability insurance cover?

This type of tradesman insurance covers a wide range of circumstances, but as a rule of thumb, you will get protection for your business if anyone gets injured in any way by your business, or if you cause any damage to a third party property whilst doing your job. Your policy will also cover any legal fees that you may need to pay if the case goes to court.

So if as part of your tradesman business you were to injure a member of the public, perhaps they were to trip over your tool box for example, you would be covered for any compensation claim made against you.  You would also be covered if you were to damage a customers property; maybe you dropped a hammer through a conservatory roof whilst up on a ladder?

How much does a business have to pay for public liability insurance?

This is entirely dependent on the kind of work your business undertakes. At Tradesman Saver, we offer a myriad of policies to suit a variety of different trades in the industry. Each of these costs a different amount depending on the level of risk involved and the level of cover you need. Our online quote form allows you to select up to 3 different trades, but if you want to list any more than 3 trades, just give us a call and we’ll be able to arrange the cover you need.  Our policies start from less than £55 per year for public liability, products liability, financial loss and legal expenses insurance cover.

Many businesses assume that they can do without public liability insurance because they are small or they work from a residential address. However, even a simple incident such as spilling coffee over a client’s computer could end up costing you thousands of pounds if you do not have this type of insurance, so it’s better to be safe than sorry.