For many tradies, their truck is the backbone of the business. Whether you’re a builder, a landscaper, or a carpenter, if your truck stops, your workday usually stops with it.
That’s why many tradies invest in roadside assistance and insurance designed specifically for trucks.
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You probably don’t think of yourself as a truck driver, but specialist roadside assistance and truck insurance can make a big difference, right when it matters most.
If you’re considering making the switch to a specialist insurance provider around end of financial year, you might be asking yourself how do you manage the cost of protecting your assets while keeping cash flow healthy in the current economic climate?
Feeling the squeeze? You’re not alone
End of financial year is a busy time for most tradies.
Between tax planning, equipment purchases, BAS obligations and preparing for the next financial year, there can be a lot of pressure on cash flow.
And you’re not imagining it. According to the Australian Small Business and Family Enterprise Ombudsman, almost half of small businesses experience cash flow issues each year, often linked to irregular income or large upfront expenses.
Tradies typically operate job to job, meaning income isn’t always predictable.
That’s why spreading out expenses can potentially make a real difference, especially when also juggling the fluctuating costs of things like fuel and building materials.
How monthly payments can help
Paying annually for insurance and roadside assistance has traditionally been the norm. But that approach isn’t always a one size fits all, and a large one-off cost at renewal time can be a burden.
Craig Carmody, NTI’s National Development Manager says time and time again they typically see tradies making the switch to Truck Assist and taking up the monthly payment options because it can help make business expenses more predictable and better aligned with incoming revenue.
“In practical terms, flexibility matters,” Craig said.
“End of financial year can be a good time to review the tools, equipment and vehicles that keep your business running. Truck Assist offers the option to pay by the month to help tradies manage protection for their trucks without a big upfront hit to the budget.”
Designed to be managed easily
Craig added the Truck Assist offering is built around the realities of tradie life.
“It’s also designed to be easily managed. Specialist truck insurance and 24/7 national roadside assistance, with support available wherever the job takes you – available directly, online,” he said.
“You can even lodge claims, make changes to your policy and update details without needing to spend too long on the phone.
“But if the phone is what you prefer you can also contact our inhouse customer care team and speak directly to a person.”
If you’re a small business juggling multiple costs, flexibility can make a difference.
