When you’re putting in work for someone else, it’s important to protect yourself. For many contractors and subcontractors, that means a Business Insurance Pack.
Business Insurance Packs are customisable insurance bundles that can help tradies protect their business premises and contents against loss, damage or theft caused by business interruptions (such as a fire, storm, accidental damage, and more). They’re an easy and affordable way to manage multiple small business risks in one go.
SEE MORE: Tradie Tough Tests
Contractors typically add these types of cover to their Business Insurance Packs:
Public Liability
Generally speaking, for most tradies Public Liability insurance is a must-have. It may be required to get a trades license or simply to enter a job site. Many businesses also require that the contractors and subcontractors they hire have their own policy.
Even if a Public Liability policy is not mandatory, it may still be useful. Public Liability insurance helps protect you against financial loss from some of the most common worksite incidents: third-party property damage and injury claims.
Portable Equipment
What’s a tradie without their tools? Contractors may choose Portable Equipment cover to help them replace lost or damaged tools and equipment. After all, your precious tools travel with you to worksites and every time you visit a client.
Contents
Responsible for purchasing project materials? You may want to consider Contents cover to help replace stock that is damaged in a fire, storm, or other events listed in the policy wording.
Theft
At the end of the day, you may store your tools of trade, equipment, and other essential business items in a shed, garage, or workshop. How about the possibility of someone breaking in? Theft cover could help you replace tools and stock that are stolen from your business premises.
Build your Business Insurance Pack today
BizCover makes it easy for contractors and subcontractors to build a Business Insurance Pack that fits their unique needs. Compare quotes from a great range of trusted leading insurance partners and get covered in minutes!
For on the go cover, go BizCover or call 1300 805 821.
