Insurance For Self Employed Contractors
- Public Liability and Portable Equipment cover
- Trusted by over 150,000 small businesses
- Pay by the month option & policy documents emailed instantly
Compare quotes from our trusted insurance partners:
Insurance for Tradesmen
... contractor, you should also consider your contractual obligations to carry a minimum amount of Public Liability insurance ... your landlord.Just like any other self-employed business, insurance is something which you should ...
read moreHow much does Public Liability Insurance cost for Tradesmen?
... % of tradesmen insured through BizCover are sole traders and are paying around $75 per month ... contractor's licence to hold a minimum amount of Public Liability insurance. Average monthly cost of Public Liability Insurance ...
read moreInsurance for Sole Traders and Self Employed
... will be able to find your specific industry or occupation. Other Insurances The type of insurance policies a sole trader or those who are self employed may require will vary according to the profession and the industry ...
read moreA Sole traders and freelancers guide to business insurance
... sole traders and freelancers need to consider Public Liability insurance? These are a few examples of when sole traders and contractors ... stock. Get your sole trader or freelance business insurance sorted without the drama ...
read moreWhat are the common types of sole trader businesses in Australia?
... contractor The last of the three sole trader business structures is the independent contractor. It is a lot like the structure of a self-employed ... minutes. Experience insurance made easy today. *As with any insurance, the ...
read moreA guide to setting up your own sole trader contracting business
... self-employed person in Australia who provides services to your clients you may classified as a sole trader contractor ... of your professional service or advice. PI Insurance will also assist with the legal costs associated ...
read moreBusiness Insurance Guide for the Self-Employed – Part 1
... self-employed workers need to consider Public Liability insurance? Here are a few examples of when a self-employed worker may require Public Liability insurance ... training services as a sub-contractor at a gym. A client ...
read morePublic Liability Insurance In Brisbane
... 17-18. The main employing industry in Brisbane is Healthcare and Social Assistance, employing 12.9% of the ... insurance online, we will email your Certificate of Currency instantly.If you are a sole trader, contractor, ...
read morePublic Liability Insurance for Cabinet Makers
... insurances in place. Regardless if you are self-employed, a sole trader or a contractor, there are business insurance ... so, make sure you have your Public Liability insurance policy sorted before you pick up the tools and ...
read moreBusiness Insurance Melbourne
... of business structures like sole traders, contractors and self-employed businesses for example from ... this is at your home-based business. Public Liability insurance can provide peace of mind and protection from potential ...
read moreInsurance for Cleaners
... jif! Did you know If you operate as a sole-trader you may be personally responsible, both legally and financially, ... to pieces - the list could be endless. Business Insurance* If you rely on your own cleaning equipment to ...
read moreBusiness Insurance Perth
... self-employed tradies to professional contractors and sole traders, just to name a few. Business insurance ... is at your home-based business. Public Liability insurance can provide peace of mind and protection from ...
read morePersonal Accident and Illness Insurance for Tradies
... of these resulting in death from traumatic injury. If you are a self-employed small business owner or a contractor, Personal Accident and Illness insurance is an important type of cover to consider especially if you are ...
read moreHow to become a contractor
... quick snapshot of the various types of structures, sole traders are generally seen as the easiest type of structure ... . We understand all types of contractor businesses and believe insurance should be simple with no-dramas ...
read moreInsurance for Disability Workers
... provide protection for you while you help your clients. Whether you a sole trader, contractor or carer possibly as part of the National Disability Insurance Scheme (NDIS), you could be exposed to risks which may result ...
read moreDo I need Public Liability insurance?
... owner All businesses and sole traders can be exposed to risk. Ensure your insurance policies are up to ... $50,000 cover in order to obtain an electrical contractor's license. It may also be a requirement under a government ...
read moreSole Trader Vs. Company – A guide to understanding the difference
... Shareholder liability is limited You can employ shareholders as employees of the ... insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. Business.gov.au- Sole Trader ...
read moreAdvantages and Disadvantages of Being a Sole Trader
... you can be incredibly stressful. While you can employ workers to help you, ultimately you cannot ... your business. Having sole trader insurance and a sound business plan can set your sole trader business up for success ...
read moreBusiness Insurance Guide for the Self-Employed – Part 3
... for the self-employed. In P art 3 of our guide, we go back to basics with Business Insurance and the ... an audit is enough to make you panic. Tax Audit Insurance covers a business for specified costs if the ATO selects it ...
read moreHow Sole Traders Can Better Manage Their Cash
... sole traders looks at some simple actions you can take and some suggestions for improving the performance of your small business. When you’re self-employed ... as advice. As with any insurance, cover will be subject to the ...
read moreBusiness Insurance Guide for the Self-Employed – Part 4
... and Illness insurance and Cyber Liability insurance. We share the ins and outs of why self-employed workers ... the kids on the weekend. Claim example A self-employed bricklayer tore his bicep muscle while lifting bricks at ...
read moreGoing solo – A guide to being self-employed in Australia
... your business account separate from your personal account Managing your self-employed taxes Protecting your new self-employed business with business insurance is another step to consider before you start working with ...
read moreBusiness Insurance Guide for the Self-Employed – Part 2
... easier . We've created a guide to business insurance for the self-employed that profil es the main types of cover to ... Without the protection of Professional Indemn it y insurance , personal assets like your home may be ...
read moreTom-Mow’s Lawn Maintenance Wins BizGiver Grant
... of BizGiver! Tom has Personal Accident & Illness Insurance with BizCover, providing him with peace of mind ... work and being completely self-employed, as well as creating jobs by using contractors which I always wanted ...
read moreUnderstanding subcontracting and how to score the jobs
... As a subcontractor you operate as a self-employed/sole-trader business, accepting projects from companies that cannot ... with your cover. Other forms of business insurance for contractors that you may need to consider are ...
read moreA sole traders guide to understanding Public Liability insurance
... comes the responsibility of protecting and ensuring your sole trader business is going to be around the long ... scenarios when you may need Public Liability insurance as a sole trader. Working from a home-based office- Even ...
read moreOvercoming the two main struggles sole traders face
... companies yourself when finding out what's a reasonable price for sole trader insurance. The bottom line There are many challenges of starting a sole trader business. But if you delegate aspects of your job and set ...
read moreInsurance for Cabinet Makers
... tailored insurance to suit your cabinet making business. Did you know? If you operate as a sole trader, ... Illness insurance* Nobody really has the time to get sick or injure themselves, especially when you're self-employed, ...
read moreSpring 2020 BizGiver Winner to Spend Grant on Life Saving Equipment
... we could to help by defer ring their insurance payments, keep ing their livelihoods and their ... is a disability support worker who has been operating as a sole trader for the past year. We spoke to Kyal about how winning ...
read moreHow much does Business Insurance cost?
... to those required by a sole-trader business operating within the professional services industry. One of the most common questions asked by business owners is: “How much does Business Insurance cost?” This is a difficult ...
read moreHow much does Business Insurance cost? OLD
... to those required by a sole-trader business operating within the professional services industry. One of the most common questions asked by business owners is: “How much does Business Insurance cost?” This is a difficult ...
read moreHow to Start a Business in QLD: A Step-by-Step Guide
... and get your insurance sorted with BizCover today. Receive multiple quotes from some of Australia's most trusted insurers in minutes. Queensland Government, Setting up a legal business- Sole traders, https://www.business ...
read moreInsurance for Consultants
... clients; we offer a game-changing way to get your insurance. With just a few clicks or a phone call, ... Know? If you're a consultant working as a sole-trader you are personally responsible, both legally and financially, for ...
read moreInsurance for Handymen
... ; we'll help your liability problems with business insurance. At BizCover, a few clicks or one call ... flash. Did you Know? If you operate as a sole-trader you are personally responsible, both legally and financially, for ...
read moreGuide to start and expand your business in New South Wales
... classified as a sole trader, this does not mean that you can’t employ other people, just ... contractors, employees, or businesses that haven’t given you their ABN, you'll need to register for PAYG withholding. Get insurance ...
read more5 Tips for getting the best Public Liability insurance for your business
... sole trader or small business owner, there's no doubt you're aware of the importance of protecting your business and your customers with Public Liability insurance ... to shopping and choosing insurance policies. Gone are the ...
read moreA guide to starting a business in Western Australia
... different types of business structures in Western Australia: Sole Trader – this is one of the most common ... with the appropriate kinds of business insurance. Not all kinds of business insurance policies will be right for ...
read moreGuide to starting an electrical contracting business
... penalties if you do. Many electricians choose the sole trader pathway. This is the most economical and simplest ... states it may be compulsory to have electrical contractor insurance before you are issued with a licence. In ...
read moreHow to start a plumbing business
... to set up your business from being a sole trader plumber to operating as a subcontractor plumber for ... saving you time when it comes to comparing your business insurance options. Go online or give us a call today to ...
read morePublic Liability Insurance VIC PPC
... be your own boss is why so many Australians operate as a sole trader, but it is not one that comes without its own risks. ... too. Public Liability insurance is a popular type of insurance amongst sole traders. As a small ...
read morePublic Liability
... be your own boss is why so many Australians operate as a sole trader, but it is not one that comes without its own risks. ... too. Public Liability insurance is a popular type of insurance amongst sole traders. As a small ...
read moreHow to market your handyman business
... to your emailing list, giving you a forum of self-promotion. Statistics show that email generates an astonishing $42 ... and have the right insurance. If you decide to structure your business as a sole trader as opposed to a ...
read moreHome Based Business Insurance
... the right cover FAQ's Why do Home Based Businesses need insurance? Just because you don't have a typical office or ... company Personal Accident & Illness* When you're self-employed, you need to make sure you have protection ...
read moreWhat is Product Liability Insurance?
... defect can be expensive, and without the right Product Liability insurance you could find yourself in hot water. I f you operate as a sole trader, you will potentially be exposed to personal liability for personal ...
read moreBusiness Insurance
... of the factors that can influence the cost of a Business Insurance policy include : the type of cover and cover options ... your company Personal Accident & Illness* Being self-employed, means you need to ensure you have ...
read moreA quick guide to understanding small business insurance
... does my small business need business insurance? Regardless if you are a sole trader or operating a small company, ... in minutes. There's no messy paperwork or insurance jargon, just insurance made easy. Get a quote today. * ...
read more9 Expert Tips to Become a Successful Real Estate Agent
... agent in Australia. Business insurance* is designed to protect your business from the many risks associated with entering the real estate industry. That is why it is important if you are a sole trader to ensure you are ...
read more6 Ways to save money on tradie insurance
... to your sole trader insurance? Although you might be looking to save some money, sometimes the cheapest insurance option ... can be measured by the number of staff you employ, your annual turnover, or both. If your small ...
read moreHow to set up a business
... are some examples of the typical types: Sole trader -trading individually on your own Partnership – ... the right track. Recommended reading: 4. Get your business insurance sorted You’ve worked hard to set up and start your ...
read moreThe Work From Home Playlist
... The Dead South ' s , “ In h ell , I ' ll b e i n g ood c ompany . ” Self – employed digital marketing obsessed Sheridan James gets through the day with the classic one-hit-wonder My Sharona by The Knack. Steve Dalton ...
read moreWhat is a Cabinet Maker?
... or commercial facilities. If they opt for becoming self-employed, they can work out of their garage, or ... lit, and ventilated for health and safety concerns. Insurance for cabinet makers is also available. What is ...
read moreInsurance for Cabinet Makers- What You Need to Know
... risks every day. Having the right types of insurance in place to protect your cabinet making business ... would you bring home the bacon, especially if you are self-employed? With no paid sick days, the struggle of being off ...
read moreToolbox of Tips for Tradies National Health Month
... too. If you're a sole trader or contractor and not covered by Workers Compensation, t hat's where Personal Accident and Illness (PA) insurance comes into play . Personal Accident insurance* can provide levels of cover ...
read moreA roadmap to staying in business for the long haul: Part 2
... isolating, particularly if you are operating as a sole trader. However, take heart, g uidance, inspiration and ... to doing what you do best, stress-free. Having business insurance gives you peace of mind . If a claim was ...
read moreCustomer Spotlight: Cazeil Creative
... of my passion.” It also means protecting your reputation as well as your key pieces of equipment. “As a sole trader, insuring my business is almost mandatory especially to cover my equipment as my photography gear is the ...
read more5 Legal Essentials for your Small Business
... and goals. If you are focusing more on long-term operation with no real interest in growing the business, a sole trader structure may be right for you. They are easy to set up and run and are good for businesses looking ...
read more7 Steps for Your Business to Survive and Thrive
... You might not be able to come up with all of the answers on your own, especially if you're a sole trader. Explore sources of free support and business advice, such as these online resources , but don't rule out paying ...
read moreInsurance for Martial Art Teachers
... in place, and insurance is usually a prerequisite for obtaining a council permit to be able to work in public outdoor spaces. Did you Know? If like many martial arts teachers you work as a sole trader you will be ...
read moreInsurance for Makeup Artists
... or provide a mobile makeup service, makeup artist insurance is the foundation to ensuring your small business ... If like many makeup artists you work as a sole trader, you may be personally liable for your business ...
read moreA guide to choosing the right trade business
... information about. Recommended reading: 3 Types of sole trader business Look into work experience options Get a ... and working on site with others Sort out your insurance Another thing you will need to think about once ...
read moreThe Art of Being a Creative Small Business
... good idea a crack, which I love”. For self-employed stills photographer Monica Pronk she finds the 'ebb and ... skill, they may need to consider Professional Indemnity insurance due to the risk of giving advice to others ...
read moreBeauty to go! What Mobile make-up artists need to know about insurance
There are some obvious pros to working as a mobile freelance make-up artist - you have control over the hours you work, ... or vehicle). Personal Accident and Illness Insurance Being self-employed brings many benefits, but a ...
read moreInsurance for Carpenters
... insurance for carpenters may be a requirement before you step foot on site and one of the fundamental types of cover you may need as a self-employed ... of your employment). As a self-employed carpenter you rely on being ...
read moreThe 5 biggest mistakes tradies make with their insurance
... , it might not suit you as well now. Employing extra staff, winning larger contracts, taking on new ... self-employed tradie (including if you are subcontracted by someone else) and don’t get Public Liability insurance , ...
read moreA blue-collar workers guide to understanding Personal Accident and Illness insurance
... are some scenarios to consider where Personal Accident and Illness insurance could help to safeguard your business. Starting your new business as self-employed – this is an exciting time of your professional career, with ...
read moreBig Bunny Business: An Interview with the Easter Bunny
... to be out of action as the Easter Bunny, and my back up plan is my Personal Accident and Illness insurance. Being self-employed means, I cannot afford not to have an income stream, as the bills won't stop rolling in. How ...
read moreInsurance Considerations for Personal Trainers
... for you to work for yourself. If you are self-employed you also need to consider how to protect yourself ... these risks and have combined the two covers into one insurance package. So you can choose to get one policy rather ...
read moreMumpreneurs Guide: Tools and Tips to help run your own business- Part 2
... and family events like school events, medical appointments and catch-ups too. Clea Sherman Owner of Freelance Copywriter For freelance copywriter Clea it's all about 'many hands make light work', embracing the power of ...
read more8 Budget Friendly work-from-home opportunities
... to all things digital marketing. The beauty of working freelance is the freedom to choose what type of projects you ... Some examples include: Finance and insurance Telecommunications Health services Online retail businesses ...
read moreHow to Start an Online Business on a Shoestring
... , many people choose to freelance as a full-time profession. Freelancing can provide you with the ... foundation for success. And that includes getting the right business insurance *. We can help with that by cutting out all ...
read more8 Small Business Start-up Ideas for 2021
... outsourced, creating the in-demand opportunity for freelance digital marketers to step in and exercise their ... No matter which path you take, getting your business insurance sorted should be one of the first things on your ...
read moreBizCover adds Ando Insurance to its NZ business insurance platform
... and Business Interruption (MDBI) cover on the BizCover platform. “Ando is a fantastic addition to our SME insurance platform,” says Jane Mason, BizCover's Head of Product, Channels & Risk. “Their initial offering adds a ...
read moreHow much does Combined Liability Insurance Cost for Allied Health Professionals?
... . If you are wondering how the cost of PI insurance is calculated for an allied health professional, take a ... allied health professionals insured through BizCover are sole traders. They pay approximately $26 per month ...
read moreiSelect partners with BizCover to launch business insurance comparison
... to medium (SME) business owners a full end-to-end online service to compare most of their business insurance needs, with policies available from some of Australia's leading insurers. SME customers will have the option of ...
read moreFinding the Right Business Insurance Can Be Hard but BizCover Makes it Easy
... of sole traders and freelancers which may require Professional Indemnity insurance include ... or best prices , make your life easier by choosing BizCover , where insurance is made easy. …Or as some might say, it’s made too ...
read moreA guide to managing contractors and minimising risk
... are all up to date. These include things like relevant licenses, registrations and business insurance for example. Make sure your contractors provide up-to-date copies of their documents so that you can keep these on ...
read moreInsurance for Electricians
... insurance to consider. Working as an electrical contractor, you may have different business insurance ... your spare time. Personal Accident and Illness insurance can provide cover should you become permanently disabled ...
read moreBusiness Interruption Insurance: Your 'Get Out of Jail Free' Card
... , and can wreak havoc on everyone from sole traders working out of their garage to behemoth corporations ... two very important questions. Do I have Business Interruption insurance? And, are both the property and the cause of ...
read moreThe difference between Public Liability and Professional Indemnity insurance
... a small business needs to consider protecting their business with Public Liability insurance. Occupations such as Consultants /Contractors/ Tradespeople Businesses that have clients visiting their home or out and about ...
read moreHow much does Professional Indemnity Insurance Cost for Real Estate Agents?
... you just want a quick idea of how much your insurance is actually going to cost. However, it's important to ... of allied health professionals insured through BizCover are sole traders. They pay approximately $26 per month ...
read moreHow much does Professional Indemnity Insurance Cost for IT professionals?
... as your business grows in size. Over sixty per cent of IT professionals who hold their PI insurance through BizCover are sole traders. They pay around $87 per month for their PI cover. However, those with three to five ...
read moreHow much does Professional Indemnity Insurance Cost for Accountants?
... you just want a quick idea of how much your insurance is actually going to cost. However, it's important ... Almost 60% of accountants insured through BizCover are sole traders. Our data shows that they are paying ...
read more5 Questions to ask yourself before buying Insurance for your Small Business
... have been in business for a while and looking to buy insurance for the first time; there are a few questions you ... people you rely on: do you employ any staff, or rely on contractors or suppliers? The resources you rely on ...
read moreWhat is Professional Indemnity Insurance?
... awarded a contract Example professions: Health Professions , IT Contractors , Management Consultants , Accountants , Estate Agents etc. Professional Indemnity insurance provides a financial safeguard to help protect your ...
read moreInsurance for pharmacy and pharmacists
... answer is probably yes. Chances are you'll have regular contact with clients, contractors and the general public. Public Liability insurance is designed to provide protection for you and your business in the event a ...
read moreInsurance for Electrical Engineers
... such a 'hand's-on-job' you are likely to be in regular contact with clients, contractors and the general public. Public Liability insurance is typically an important form of cover for engineers and is designed to provide ...
read moreInsurance for Civil Engineers- what you need to know
... 's important to think about what kinds of business insurance coverage you may need to help ensure it is ... working on a job or project. Issues with sub-contractors or lengthy delays with construction due to bad weather, ...
read moreLegal Requirement for Public Liability Insurance
... your business' activities. Failure in obtaining public liability insurance policy can expose a business to a range ... visitors and sub-contractors should check to see whether there is public liability insurance is in place ...
read morePublic Liability Insurance In Rockhampton
... followed by Education and Training, an industry that employs 9.8% of the working population. The ... sometimes you just want a quick idea of how much your insurance is actually going to cost. However, it's important to ...
read morePublic Liability Insurance In Port Macquarie
... employing industry is Retail Trade, employing 11.6% of the working population, followed by Construction which employs ... just want a quick idea of how much your insurance is actually going to cost. However, it's important ...
read morePublic Liability Insurance In Mandurah
... employing industry is health Care and Social Assistance, employing 11.8% of the working population and retail Trade, employing ... just want a quick idea of how much your insurance is actually going to cost. However, it's ...
read moreReviews related to Insurance For Self Employed Contractors
-
So quick and easy to purchase liability insurance from a range of insurers. Very happy customer!!
Shirley M McIntosh
Trades & Services -
Compare the market were quick to respond to my enquiry, were extremely helpful, took the time out to understand what I needed and came back with some quotes very quickly. They helped me understand what insurance would be best for me and were extremely kno
Sarah W Woodland
Trades & Services -
Easy no fuss way to purchase insurance
Heath W Wheeler
Trades & Services -
Great Price on my Liability insurance
James M
Trades & Services -
Thanks insurance made simple
Phillip A
Trades & Services -
unbelievable savings truly amazing the difference in the insurance costs thank you biz cover i will be recommending you to all my fellow business owners regards Palew Constructions
Richard A
Trades & Services -
So easy. Being self employed, the efficiency was so satisfying unlike some companies having endless documents to fill out. Thank you!
Camilla B
Personal Fitness Trainer/Service -
Easy
Robbie C
Contract Chef - Self Employed -
Bizcover makes professional insurance easy. Good selection of insurance varieties and options. Easy to review, change and renew. Competitive rates.
Darren J
Real Estate Agency Service
What is insurance for tradesmen?
Whether you’re a carpenter, a handyman or a plumber, things like accidentally inuring or damaging a third-parties property or getting your tools stolen are real risks that tradies face every day. Business insurance for tradesmen is designed to give your tradie business the protection it needs and peace of mind knowing that you have a safeguard in place when things don’t stick to the blueprint.
Why do Tradesmen need insurance?
The reality is as a tradie you are exposed to different kinds of risks, making it vital to look at the various types of business insurance options available and how they can protect your business. These are some examples of when business insurance can help:
- Protection against claims from third parties for accidental personal injury or damage to their property
- Protection for your tools of trade in case they are lost, stolen or damaged
- Certain types of business insurances may be required when taking on a contract
- Financial protection in the event you are faced with a claim
Don’t be a ‘hero’ and rock up to your next job without your insurance. With BizCover you can get multiple competitive quotes from some of Australia’s leading insurers online quicker than you can say “smoko” and grab yourself a feed from the tuck shop!
Did you Know?
Your Public Liability policy covers you anywhere in Australia, so you can work your trade magic anywhere from Brisbane to Balmain!
What insurances should tradesmen consider?
There are a few types of business insurances you may need to consider as a tradie. This is a snapshot of a few:
Public Liability Insurance*
Public Liability insurance may be a requirement for tradies well before you step foot on site and is one of the important types of cover you may need to look at.
Even if you can talk your way out of a pile of rubble, you’re not going to be able to talk your way out of a Public Liability claim. Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public is injured or sustains property damage as a result of your negligent business activities.
Consider the possible personal injury claims from trip hazards created by your work activities or the risk of property damage claims – what about if you dropped a hammer and cracked some tiles? What if you forgot to turn the power mains off and electrocuted someone?
A personal injury and property damage claim could have a huge impact on your business, not only financially, but also to your company’s reputation.
If you’re working as a contractor, you should also consider your contractual obligations to carry a minimum amount of Public Liability insurance. You may also be required to hold Public Liability insurance if you are a member of a particular trade association.
What is typically included?
Compensation for:
- personal injury suffered by a third party (e.g. a customer, supplier or member of the public)
- damage to property owned by a third party due to your negligent business activities
- legal and defence costs associated with a covered claim
What is typically not covered?
- Injuries to your employees
- Damage to your own property
- Costs of rectifying faulty workmanship
- Professional negligence
- Contractual liability
- Events occurring before or after the policy period
Business Insurance*
Your tools of trade and other business assets help you get the job done, so consider protecting them with coverage options like Portable Equipment* and Contents*
Insuring your tools, and your business against an instance when you have to down tools will ensure you still have a business,
- Portable Equipment* – it’s likely you’ve accumulated a lot of tools over several years of work. If they were lost or stolen could you turn up to work the next morning and keep working? She’ll be apples with Portable Equipment cover – it insures items such as tools, business equipment or electronic items.
Professional Indemnity insurance*
If you are an electrician, plumber of carpenter, sharing your tradie pearls of wisdom to your clients could lead to a potential claim if things don’t exactly go to plan and an accidental error occurs.
There’s no doubt you know your stuff when it comes to all things tradie, and if you are an electrician, plumber of carpenter client’s may often seek out your advice on certain things. But did you know that if your advice causes them a financial loss you could be held responsible? That’s where Professional Indemnity insurance can provide a helping hand.
Professional Indemnity insurance covers you for losses claimed by a third party and defence costs due to alleged or actual negligence in your professional services or advice.
Personal Accident & Illness Insurance*
Working as a tradie you rely on being physically fit to your business going and getting the job done, so if accident or illness were to strike you need to think of Plan B to help provide an income while you’re off recovering.
As a tradie you need to be fit and healthy to bring in the dough – but have you stopped to think about how you would keep on paying the bills if you were to injure yourself or fall ill and had to take time off work to recover? Accidents can happen anywhere, anytime. It could be at work or even on your own time; whether you are doing a bit of DIY around the house or playing a game of backyard footy on the weekend.
Personal Accident and Illness Insurance provides levels of cover for loss of income, permanent disablement and even death if you are unable to work as a result of an injury or illness.
Product Liability insurance*
If your tradie business starts selling products, you may need Product Liability insurance to protect from claims from third parties for property damage or injury.
Tax Audit*
If your tradie business is investigated by the ATO it can be a stressful and time-consuming event. It’s a hassle and worry that you don’t need hanging over your head, and that’s where Tax Audit insurance can make things less stressful.
If your accounts are audited by the ATO, you may need to hire external professionals, like an accountant to assist in the process. Tax Audit Insurance covers a business for specified costs in responding to an official tax audit.
An unwanted trade
A tradie working on a commercial building locked up his tools before leaving the worksite at the end of the day. The next morning when the site was opened his tools were nowhere to be seen. A double whammy – no tools and potentially a contractual penalty for delaying the work. The insured’s claim was dealt with quickly and he was able to replace his tools in time to avoid all penalties.
Why choose BizCover for your tradesmen insurance?
We won’t bore you with jargon
We’re not fans of complicated insurance speak, so we talk to you in plain English.
Cover to match your needs
You can tailor policies from selected Australian insurers to suit the needs of your business, and we are there to help!
No paperwork required
We don’t believe in mountains of forms and paperwork, just online insurance made easy!
Real people adding real value
Our friendly service team is on hand and on a mission to make you smile!
What kind of tradesmen need business insurance?
These are just some examples of the type of trades industry’s which need to consider business insurance to protect their business:
Tradesman insurance covers a broad range of modalities, including:
- Carpenters & Woodworkers
- Electricians
- Handymen
- Plumbers
- Concreters
- Garden & Lawn Maintenance
- Painters
- Bricklayers
- Lawn Mowing Service
- Tilers
How much does insurance cost for tradesmen?
Every tradie is different with their own unique features and types of potential risks. There isn’t a one-price fits all kind of tradie insurance policy, the pricing is dependent on your individual factors and circumstances.
These factors can be things like:
- Your claim history
- The type of business operations you perform
- Your annual turnover
- The number of staff
- Level of cover
- Claims history
To receive an accurate idea of how much business insurance will cost for your tradie business have a chat to our friendly team to get a quote.
Frequently Asked Questions
Certain types of business insurance like 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.
If you rent your business premises, Public Liability and even Glass cover may be outlined as a requirement of your rental agreement by your landlord.
Just like any other self-employed business, insurance is something which you should consider as part of your business plan to help you stay in the tradie game for the long haul. While some types of insurance may be a requirement, there are a variety of coverage options designed to protect the things that matter most to your tradie business.
Just like the cost of business insurance, there isn’t a blanket cover for all tradies. However, there are a few factors that you can keep in mind when trying to calculate your level of cover. For example:
- The size of the jobs that you are working on. The higher the cost, the higher risk and you may want to look at increasing your Public Liability insurance accordingly
- Is there a minimum amount of cover stipulated in your contract?
* This information is a general guide only and does not take into account your objectives, financial situation or needs. As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this web page is general only and should not be relied upon as advice.
Prefer to talk?
Call us and talk to a real person.
Friendly, helpful service from a business insurance professional.
1300 249 268
Mon-Fri 8.30am-7.00pm
Sat 9.00am-5.00pm