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What is insurance for fencing contractors?

Fencing business insurance helps contractors find a mix of policies to manage the day-to-day risks of their business,, like accidental property damage, damaged equipment, injuries, and more.  

Building a fence construction business takes time and hard work. But accidents and unplanned bills could topple your small business dreams. 

That’s why many fencing contractors choose business insurance to help protect their finances and reputation. 

Fencing contractors insurance

Why do fencing contractors need insurance?

Fencing contractors may need business insurance to protect from unexpected legal fees, and get certain job contracts.

Enter job sites.

Replace stolen or damaged equipment.

Cover third-party property damage whilst on a job.

Protect against potential financial losses.

What types of insurance do fence installers need?

Every fence repair and construction business is unique, but there are a few types of cover that most fence builders consider:

Personal Accident & Illness

Covers individuals for loss of income if unable to work as a result of an injury or illness in or outside of work. Limits apply.

Personal Accident insurance

Public Liability

Covers costs and legal fees if you negligently cause injury to a member of the public or damage to property.

Public Liability insurance

Contents Insurance

Covers loss or damage to business items at the insured location, such as equipment, stock, machinery, and furniture

Contents coverage

Machinery Breakdown

Covers the cost of having damage to machinery at your business repaired or replaced following a breakdown

Machinery Breakdown

Business Interruption Insurance

Covers loss of income following an interruption to your business following an insurable event

Business Interruption Coverage

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How much does fencing contractors insurance cost?

The average cost of an insurance policy for fencing contractors is $78 per month.

However, the cost of your policies will depend on different factors, such as the value of your machinery, and the size of your business.

Cost fencing contractors insurance

Factors influencing cost

Risks of the industry 

Cover level amount

Annual turnover

Number of employees

Claims history

*Customer Average Monthly Payment Report is based on 1 July 2023 to 30 June 2024 and presented as a guide only. It may not reflect pricing for your particular business, as individual criteria will apply.

Get cover that works with the risks of your business

Select different cover amounts for each policy listed below.
This is the most you will be paid out if you need to make a claim.

Cover levels to choose from

  • $5M
  • $20M

Cover levels to choose from

  • $500 weekly benefit (accident only)
  • $4K weekly benefit

Underinsurance

We know it’s tempting to select a lower level of cover to reduce premiums, but this can leave businesses shocked and insufficiently covered when making a claim.

Ways underinsurance catches business owners out:

Inflation

With inflation, the cost of living and doing business increases. Remember to cover you, your tools and assets for the rising costs of replacing or covering them, not what you paid for them – you may be surprised at the difference.

Not covering the full cost of your risks

If you select cover levels for less than the value you may be found liable – left out of pocket when it comes to claims time. It’s important to review your risks and determine how much you will need to cover any claim that may come your way.

A fence contractor inspecting fence

Factors influencing cost

Risk of the industry

Cover level amount

Annual turnover

Number of employees

Claims history

Customer Average Monthly Payment Report is based on 1 July 2023 to 30 June 2024 and presented as a guide only. It may not reflect pricing for your particular business, as individual criteria will apply.

Get cover that works with the risks of your business

Select different cover amounts for each policy listed below.
This is the most you will be paid out if you need to make a claim.

Cover levels to choose from

  • $5M
  • $20M

Cover levels to choose from

  • $500 weekly benefit (accident only)
  • $4K weekly benefit

Unsure how much to choose? Think about:

Statutory professional requirements

Cover required by contracts

Number of employees being covered

Your contract value

Worst case scenario claim size

Underinsurance

We know it’s tempting to select a lower level of cover to reduce premiums, but this can leave businesses shocked and insufficiently covered when making a claim.

Ways underinsurance catches business owners out:

Inflation

With inflation, the cost of living and doing business increases. Remember to cover you, your tools and assets for the rising costs of replacing or covering them, not what you paid for them – you may be surprised at the difference.

Not covering the full cost of your risks

If you select cover levels for less than the value you may be found liable – left out of pocket when it comes to claims time. It’s important to review your risks and determine how much you will need to cover any claim that may come your way.

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Frequently asked questions

For many fence repair and construction contractors, Public Liability* is essential. Many clients require fencing contractors to have Public Liability insurance to work with them. It may also be necessary to work as a subcontractor for another fence construction business. 

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 activity.  

Business Insurance* is an insurance package designed to provide cover for your business contents, stock, tools and commercial premises when an insured event occurs (such as fire, storm, theft or even accidental damage). A Business Insurance package can also cover your portable equipment, glass and for loss of revenue due to business interruption in specified circumstances. In addition, cover is available for public liability, tax audit, employment practices and statutory liability risks. 

A fence construction business might choose cover for their tools and equipment (Machinery Breakdown), their records and other business property (Contents), and unexpected work stoppages (Business Interruption), among many others.

Personal Accident & Illness insurance* provides a weekly income benefit following an accidental injury or illness once signed off from work by a medical practitioner for a set amount of time. The covers you select will apply even if the injury or illness occurs outside of your employment.

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