Carpenters Insurance in Queensland

QLD carpenters insurance requirements

In Queensland, carpenters and joiners may require a licence depending on the type and value of the work they perform. The Queensland Building and Construction Commission (QBCC) regulates licensing for carpenters in the state.

You may need a QBCC trade contractor licence if you: 

• Perform carpentry work valued at over $3,300 (including labour and materials).
• Work as a subcontractor or contractor in carpentry.
• Operate a carpentry business or provide services to the public.

Carpenters and joiners may also be required to take out insurance in some circumstances. Most residential building work in Queensland valued at more than $3,300 must have cover under the Queensland Home Warranty Scheme. However, there are some exceptions. To find out more information, it’s best to contact the QBCC.

While other forms of insurance for carpenters and joiners are not mandatory in Queensland, it still may be a good idea to consider business insurance to protect your livelihood and reputation.

Insurance for carpenters and joiners in QLD

Find out more about common policies often taken out by carpenters and joiners in Queensland.

Public Liability insurance

Public Liability insurance may sometimes be known as “slips, trips and falls insurance”. This is because Public Liability insurance covers legal fees and compensation costs if a customer, member of the public, or a supplier claims against you for injury or damage to their property as a result of your alleged negligent business activities. For example, if you cause property damage to a client’s home or if someone trips over a misplaced toolbox.

Professional Indemnity insurance

As a chippy, it’s likely you’re often called on for your professional advice in guidance. This may be from a commercial client looking for help on how to install their new kitchen cabinetry; or it could be from the foreman on that day’s job site.

Professional Indemnity covers you for losses claimed by a third party and defence costs due to alleged or actual negligence in your professional services or advice. This includes defence costs cover.

Personal Accident & Illness insurance

Personal Accident and Illness insurance can be a good idea if you’re a self-employed sole trader. If you’re injured or become ill, Personal Accident and Illness insurance can provide a weekly income benefit for a set amount of time. This can give you the peace of mind you need to rest and recover, so you can get back on the tools sooner.

Portable Equipment insurance

All tradies rely on their tools to get the job done. So what would happen if your tools were stolen or damaged? Portable Equipment insurance covers you for loss and damage to your tools and stock due to theft, fire and other perils listed in the wording.

Carpenters insurance cost in Queensland

There is no single product known as “carpenters insurance”. This term generally refers to the common business insurance policies that chippies tend to take out.

On overage, the insurance cost for carpenters in Queensland is $77 per month.* However, the premium can vary based on factors like business size, services offered, and coverage limits. The best way to find out how much you’ll pay is to compare insurance quotes through BizCover. It only takes a few minutes.