Is business insurance compulsory for tradies?

P ublic 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.

I’m a sole trader. Do I need tradesman insurance?

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.

How much Public Liability insurance should my tradie business have?

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.

Contract Works Insurance Victoria

Public Liability and Portable Equipment cover

Public Liability and Portable Equipment cover
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Insurance For Tradesmen Contract Works Insurance Victoria

Hiring a contractor checklist and tips

If you are looking at expanding your workforce by hiring contractors to help out, it’s a good sign that your business is growing and ready to reach new heights! The process of hiring contractors involves a bit of research and preparation to ensure that you hire the right people for the job.

How to become an independent contractor

Going out on your own and pursuing your goal as a contractor is an exciting career decision. The world of contractors is often in high demand as businesses look at outsourcing and hiring the talent they need to help make their business grow.

How to manage your finances as a contractor

Choosing to become a contractor and operate as an independent contractor instead of as an employee of a business or organisation in a traditional sense generally requires that you are very good at what you do. After all, a contractor who isn’t an expert in their field and who can’t demonstrate a proven track record when interviewing for a new contract position may well struggle to find their next contract gig.

When your business uses contractors to perform certain services on your behalf, there is always the potential risks for things to go wrong. Our guide looks at some tips on how you can minimise risk and the steps you can put in place to create a safe and effective working relationship with your contractors.

If it’s time for your small business to expand, you will likely need to hire a contractor. Between running your business and balancing your home life, you may be tempted to simply hire the first contractor you find. However, it is important you take the time to research and interview multiple contractors before signing any paperwork. Here are some common mistakes to look out for when hiring a contractor for your business.

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Contract Works Insurance Victoria

Public Liability and Portable Equipment cover

Contract Works Insurance Victoria

Public Liability and Portable Equipment cover

Contract Works Insurance Victoria

Public Liability and Portable Equipment cover

Hiring a contractor checklist and tips

How to become an independent contractor

How to manage your finances as a contractor

How to become a cleaning contractor

What to look out for in a contractor agreement

What is the difference between a contractor and a subcontractor

A guide to managing contractors and minimising risk

What’s the Difference Between a Consultant and a Contractor?

Independent contractors urged to review agreement fine-print

Top 6 mistakes to avoid when hiring a contractor

Reviews related to Insurance For Tradesmen

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Contract Works Insurance Victoria

Public Liability and Portable Equipment cover

Contract Works Insurance Victoria

Public Liability and Portable Equipment cover

Contract Works Insurance Victoria

Public Liability and Portable Equipment cover

Hiring a contractor checklist and tips

How to become an independent contractor

How to manage your finances as a contractor

How to become a cleaning contractor

What to look out for in a contractor agreement

What is the difference between a contractor and a subcontractor

A guide to managing contractors and minimising risk

What’s the Difference Between a Consultant and a Contractor?

Independent contractors urged to review agreement fine-print

Top 6 mistakes to avoid when hiring a contractor

Reviews related to Insurance For Tradesmen

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