If you’re a sole trader or small business owner, you know how important it is to protect your work and your customers. Even when you take care, accidents can still happen. Without insurance, you could face large legal or compensation costs that might seriously affect your business.

Public Liability insurance. It’s one of those fundamental covers that most SMEs are familiar with.

As a small business owner, you may already hold Public Liability insurance*. But do you know exactly what your policy does and does not cover?

For many business owners, business insurance can be a bit of a head-scratcher. Do you need it if you work from home? What’s the difference between Workers’ Comp and Personal Accident & Illness insurance? How much cover is enough, anyway?

What are the real costs to Australian small business?

Business insurance. It’s probably not top of mind for most busy tradies. You may be required to have certain policies to work, but beyond that, you might not think about it much.

Australian builders can get insurance to protect just about most parts of their business. This includes tools and materials, tool and equipment cover, contract works, and protection against worksite hazards. But there might be one part of their business that’s not yet covered—their professional services and advice.

Everyday Tradies are exposed to variety of risks in their work – third-party injuries or property damage, lost or damaged tools, and equipment breakdown are just a few of these common risks. Covering these risks with business insurance can help to protect businesses from the cost of these risks occurring.

Choosing the right insurance for your business isn’t always straightforward. It’s not just about the cheapest premium or what sounds good on paper. The real question is whether the policy protects your business when it matters most. The risks you face, the exclusions buried in fine print, and the cover limits can make a big difference when things go wrong.