Whether you are just starting out or been around the building blocks a few times, Public Liability insurance* is a fundamental type of insurance tradies need to consider. Let’s take a look at what it covers and how it can protect your business.
As a tradie, Public Liability insurance is typically a main type of insurance you may require. It is designed to provide protection for you and your business in the event a customer, supplier or a member of the public is injured or sustains property damage as a result of your negligent business activities.
Even if you take all the care in the world creating a safe work environment, accidents and incidents can still happen. All it takes is for someone to trip over your equipment on site or for you to accidentally scratch a customer’s car with your tools as you walk past for a claim to occur – a worry you can do without.
The impact of a personal injury or property-damage claim could have a devastating impact not only your business’ finances, but its hard-earned reputation too. Here’s how Public Liability insurance can help:
What is typically included?** Compensation for:
• Personal injury suffered by a third party (eg a customer, supplier or member of the public)
• Damage to property owned by a third party due to your negligent business activities
• Legal and defence costs associated with a covered claim.
What is typically not covered?
• Injuries to your employees
• Damage to your own property
• Costs of rectifying faulty workmanship
• Professional negligence
• Contractual liability
• Events occurring before or after the policy period.
Getting your insurance sorted has never been easier with BizCover. Find out how you can #Bizsave on your tradie insurance today by jumping online and comparing quotes from some of Australia’s leading insurers. Select your cover options and you’ll receive your insurance docs straight to your inbox quicker than a smoko break.
Find out more At BizCover we offer more than just Public Liability insurance. Head to bizcover.com.au/bizsave or search #BizSave to see how you can save on business insurance for your tradie business.