Get A Quote
smiling house builder on building site

Sole Traders Insurance

Cheap sole trader insurance that you can rely on

Not on comparison sites — save money by coming direct to us

Quick Online Quote
Home » Sole Trader Insurance

Tradesman Saver’s Sole Trader Insurance Cover?


Our standard cover is:

  • Up to £5 million cover for public and products liability
  • £10,000 cover for any financial loss (£50K cover optional)
  • Worldwide liability cover for temporary work abroad for up to 14 days (excluding the USA and Canada)

Sole trader insurance helps keep your head above water financially if you’re impacted by unfortunate incidents like injury or theft. The premium sole trader insurance package from Tradesman Saver provides you with comprehensive cover, including public liability insurance, products liability insurance and employer’s liability insurance. This means you can do what you do best without worrying about the financial consequences of any accidents.

Why do you need sole trader insurance?

Although being a sole trader offers benefits like being your own boss and complete ownership of profits, you still have to think about the potential for things to go pear-shaped. 

With a sole trader insurance policy from Tradesman Saver, you’ll have a safety net should anything go awry. What’s more, you’ll be a lot more attractive to prospective clients, as this helps to prove that you’re trustworthy. 

Here at Tradesman Saver, we offer affordable sole trader insurance to ensure that everyone can get the cover they need. To create a tailor-made policy today, simply fill out our online form.

Get a Quote  Learn about Contractor Insurance

What’s included with our Automatic Cover

Van Insurance New Quote Continue Quote

How our sole traders insurance works

1 Apply Online

Complete our simple quote form with basic details about your business

2 Get a Quote

Get an instant quote & choose any optional covers you may need

3 You’re insured!

Instantly activate your Tradesman Saver policy and view your certificates online

Understanding public liability insurance for sole traders

When looking for a sole trader insurance policy, you’ll come across various terms. But perhaps the most common is ‘public liability cover’, and for good reason. Forming the basis of most insurance policies, it protects you if you’re sued for causing injury or property damage to third parties. Among the scenarios it will protect you in include:

  • Scratching the paint off a client’s car after accidentally catching it with a piece of wood.
  • Injuring a member of the public after they trip over your toolbox.
  • Ruining a customer’s carpet after spilling coffee on it.

Why do you need sole trader public liability insurance?

Get a Quote

Public liability insurance is vital for two main reasons. The first is that it protects your business against expensive compensation claims and legal expenses because of injury or property damage caused while working. Having this cover could be the difference between your company folding or not. 

The second reason is that public liability insurance helps you to attract customers. People will be much more willing to work with those with a comprehensive insurance policy, as it shows that the tradesman in question takes their safety seriously and is therefore more trustworthy.

How much does sole trader insurance cost?

How much your sole trader insurance costs is impacted by aspects such as how big your contracts are, your experience and your claims history. The type of cover you opt for can also help determine the price. 

Here at Tradesman Saver, our policy for sole traders includes a few extra covers as standard, including legal expenses, financial loss and accidental death insurance. Consequently, you’ll get some of the most comprehensive cover on the market.

Prices start from £58.76 Get A Quote

Sole trader insurance quote examples

£58.76 / year A bricklayer working as a sole trader on domestic and small commercial properties not exceeding 10 metres in height
  • Bricklayer
  • Sole trader
  • No employees
  • 5 years experience
  • Based in Newcastle
  • No claims

Automatic Covers

  • Public Liability £2,000,000
  • Financial Loss £10,000
  • Products Liability £2,000,000
  • Legal Expenses £250,000
  • Accidental Death £10,000

Optional Covers

  • Business Contents Not Insured
  • Personal Accident Not Insured
  • Employers Liability Not Insured
  • Tools / Equipment Not Insured
  • Contract Works Not Insured
  • Professional Indemnity Not Insured
£45.28 / month £514.60 / year A plumber working as a sole trader on domestic and small commercial properties
  • Plumber
  • Sole Trader
  • No employees
  • 1 years experience
  • Based in Surrey
  • No claims

Automatic Covers

  • Public Liability £2,000,000
  • Financial Loss £10,000
  • Products Liability £2,000,000
  • Legal Expenses £250,000
  • Accidental Death £10,000

Optional Covers

  • Business Contents Not Insured
  • Personal Accident Not Insured
  • Employers Liability Not Insured
  • Tools / Equipment £5,000
  • Contract Works Not Insured
  • Professional Indemnity Not Insured

The above quote examples were taken from our online system on 07/04/22.  These are real quotes but your own personal quote will vary dependent upon your circumstances and the level of cover you require.

Insurance coverExcess
Public Liability£250(£500 for plumbers)
Products Liability£250(£500 for plumbers)
Employers LiabilityNo Excess
Financial Loss10% of claim value(£2,500 minimum)
Professional Indemnity10% of claim value(£2,500 minimum)
Contract Works£250(£500 Theft/Malicious Damage)
Tools / Equipment£100(£250 Unattended vehicle)
Legal ExpensesNo Excess

Chosen by over 5000 businesses and counting *

Online & Anywhere

We like to keep things simple. Your quote, purchase and documents are all available online, anytime.

Monthly Instalments

Cashflow is important to every business. Spread the cost by paying in easy monthly instalments.

Instant Cover

No need to wait for your documents. Our tradesman cover starts from the moment you purchase.

Added Protection

Public liability, products liability, financial loss, legal expenses and accidental death cover as standard.

* Total number of live policies as at 31/03/2022
£50 from
me to you.

When a friend you refer takes out a new policy, we’ll give £25 to them, and £25 to you.

Refer a friend

Sole Trader Insurance: Frequently Asked Questions

Do I legally need sole trader insurance?

Strictly speaking, you don’t require sole trader insurance by law unless you hire employees. In this case you’ll need employer’s liability insurance. However, getting sole trader insurance is not only a great financial decision, but will give you a much better chance of attracting clients.

How much sole trader insurance do I need?

 How much sole trader insurance you need is affected by aspects like how dangerous your jobs are, the size of your contacts, and the cost of your equipment. We can help you work this out if you’re uncertain.

What additional covers might I want on my sole trader insurance policy?

Other covers you might want to consider include tools insurance for your all-important tools, van insurance for your vehicle and business contents cover for equipment like PCs and phones.

What limit of indemnity will I require?

The indemnity limit is the maximum an insurer will pay in the event of a claim, with the standard limit being £1,000,000. However, some of your contracts may require you to have a higher limit, or it may be a condition of your professional association or trade body membership.

How do I make a claim on my sole trader insurance policy?

To make a claim on your sole trader insurance policy, you first need to get a form from your provider. When filling it out, check that you’re within the time limits for making a claim and that your policy covers what you’re claiming for. You should also see what the excess is so  you’re aware of how much contributing towards the claim.

Which details do I need to provide to get a quote?

The main information you’ll need to give when obtaining a sole trader insurance quote is your name, address and the type of work you undertake.

*This indicative price is for £1m public and products liability, £250,000 legal expenses, £10,000 financial loss and £10,000 accidental death insurance cover for a sole trader. The price includes insurance premium tax but excludes our admin charge. 19% of new customers paid less than £59 between 1st January 2021 and 28th February 2021. The actual price you pay will depend upon your specific business requirements and will be affected by your trade, your claims history and the optional covers you select which are all priced separately during the quote process. This website is intended for customers based in the UK and is therefore subject to the UK regulatory regime(s) © Copyright 2022 Tradesman Saver | Tradesman Saver and Henry Seymour & Co. are trading names of Barkdene Limited which is authorised and regulated by the Financial Conduct Authority (FRN 303965) for our insurance distribution and credit broking activities. Barkdene Limited is a credit broker not a lender. You can check this on the Financial Services register.
Registered in England No 1842617. Registered Office – Chancery House, St Nicholas Way, Sutton, Surrey, SM1 1JB. All rights reserved.
You need to be logged in to Your Account to make a payment. Redirecting you to Account Login.