We've examined the typical covers below to help you find the right cover level for your individual circumstances, or you can hit the 'get a quote now' button above to start your quote.
Who needs it?
Tradesman Insurance is important for both sole traders and businesses with employees. Public liability insurance is the backbone of the policy, and is complemented by a range of other covers which can provide protection for other aspects of your business.
For example your tools can be covered, as can stock, buildings or hired in plant equipment.
How does tradesman insurance work?
You can usually tailor your tradesman insurance policy and choose only the cover that you need for your business. There are a range of cover options that you should consider, here are the core ones:
Public Liability: Public liability includes cover against injury or death of third party persons, or damage to third party property from incidents arising as a result of your business activities.
Professional Indemnity: As a professional you are selling your knowledge and expertise to customers – you may be doing so in a number of different ways including providing consultancy and advisory services and perhaps producing designs.
Professional indemnity insurance can offer protection in situations when you make an error in your work, or give to a client that isn’t up to scratch. The client may file a claim against your business for compensation if they suffer financial loss as a result of this.
In this situation you could be faced with legal costs that could cripple your business, regardless of whether you feel the blame resides with your company or not. Professional Indemnity insurance can cover the cost of any ensuing compensation, the legal costs you might be faced with, and help to keep your business on its feet.
Buildings Cover: You can take out buildings insurance to cover your business premises.
Business / Office Equipment: Provides cover for business equipment whether it is lost, stolen or accidentally damaged whilst in the UK.
Tools: Covers your hand tools & power tools in the event of loss, theft or accidental damage. You can also choose to include tools whilst left in your vehicle overnight.
Contract Works: As a contractor working on site, contract conditions may make you responsible for the works and materials whilst on site. Cover can be provided up to £500,000 depending on the nature of your contracts.
Stock: Provides cover for stock, materials in trade and customers goods for which you are responsible.
Own Plant: This provides cover for accidental loss of, or damage to, an item of your Plant.
Hired in Plant: Provides cover for your legal liability under the terms of your hiring agreement to pay compensation for damage to hired-in plant
How do I choose the right policy?
Moneysupermarket.com has partnered up with Simply Business to allow you to compare the major insurers in one quote.
Although there are many similarities between insurers, cover levels and conditions do differ, so you should ensure that you choose the right product for your business by reviewing each of the covers on a 1 by 1 basis.
To compare business insurance policies, please hit the "get a quote now" button above.