If you’ve got your own tradie business, it’s probably safe to say you’re an expert at your job. Your clients may depend on your knowledge, so giving out your tradie pearls of wisdom has become a part of the job.
But did you know that if you are an electrician, plumber or carpenter, and your advice causes them a financial loss, you could be held responsible? That’s where Professional Indemnity* insurance could come in handy.
More than 10,000 plumbers , electricians, and carpenters get their business insurance through BizCover, and most of these tradies understand the importance of Public Liability* insurance.
Yet only a fraction of these tradies understand the importance of Professional Indemnity insurance.
A claim could arise from you providing the wrong service, miscalculating a measurement, or giving an incorrect diagnosis or treatment, and your client could suffer financially as a result.
TRADIE TOUGH TESTS:
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Bahco ERGO 1000V insulated pliers
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Bosch 16GA Brad Nail Gun
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Snap-D range of D shackles and bow shackles
While it may not be mandatory, the results of a claim against you because of your advice could be disastrous for your business.
So, if you’re getting paid for your professional advice or opinion, it’s important to consider whether you are covering yourself.
Running a tradie business can be stressful at the best of times, let alone when you have a claim made against you because of your advice.
Fortunately, you can get protected for Professional Indemnity insurance today through BizCover.
Compare multiple competitive quotes from some of Australia’s leading insurers online at BizCover.com.au.