From customers to suppliers, you’re meeting people every day, and with that interaction comes the risk an accident could happen. All it takes is a misplaced tool for someone to trip over or a hammer slipping through your hands and falling on some delicate tiles, and you could be faced with a costly claim against you.
But it’s not going to happen to you, right? You know your trade like the back of your hand and accidents are for amateurs.
But what the following example shows is that it does happen to Aussie tradies like you, and it’s crucial to have tradie insurance in place when it does.
A tradie was tasked with changing a hot-water storage tank to two external heaters and then reconnecting to the existing pipework*. After the job, a weld on the copper line developed a drip. The dripping water leaked onto the ceiling of the entertainment room below causing damage.
Thankfully, they had Public Liability insurance*, designed to protect tradies against claims resulting from third-party injury or property damage due to your negligent business activities. The insurer paid $4972 for repair costs and the tradie went on to trade for another day. This is a good news story. An accident happened and the tradie remained in business due to having the right protections. But imagine how the story might’ve ended if they hadn’t sorted out their business insurance?
Don’t wait any longer. BizCover provides a stress-free experience when it comes to getting your business insurance sorted.
It only takes a couple of minutes, so give BizCover a burl. Visit bizcover.com.au to compare quotes from a whole toolbox of tradie insurance options.