Insurance for Tradies

Public Liability insurance may be a requirement before you can work on a job. It is always important to check your contract or agreement to see if a minimum level of cover is also stipulated.

Just like any other sole trader or self-employed business, insurance is something which you should consider as part of your business plan. Tradesman insurance helps sole traders protect their business assets, tools, stock and more, so they’re not left with unplanned bills when things go wrong.

While some types of insurance may be a requirement, there are a variety of cover options designed to protect the things that matter most to your tradie business.

Every tradie business is unique. The amount of Public Liability cover you choose may be different than the tradie down the street. BizCover offers several levels of Public Liability cover — $1 million, $2 million, $5 million, and $10 million—so you can choose a cover amount that fits your business needs.

When choosing your cover amounts, you may want to consider:

• The size of the jobs that you are working on – The higher the value, the higher risk. You may want to increase your Public Liability insurance accordingly. 

Your business contracts – Is there a minimum amount of cover stipulated in your contract? Meeting contractual obligations is essential.