As a tradesperson, your work comes with inherent risks. From accidental damage to client property to injuries sustained on-site, unforeseen incidents can lead to costly claims. This is where tradesman public liability insurance steps in, providing vital financial and legal protection. In this article, we break down everything you need to know about this essential coverage.
Tradesman public liability insurance is a type of coverage designed to protect tradespeople from claims arising from accidental injury or property damage caused during their work. This insurance covers legal fees, compensation payouts, and other related costs, offering peace of mind and financial security.
Trade liability insurance typically includes:
Whether you’re a self-employed tradesperson or run a small business, trade public liability insurance is crucial. Common professions that benefit from this coverage include:
This insurance covers claims made by third parties for incidents that occur in connection with your work. For example, if a client trips over your tools and sustains an injury, your policy can cover their medical expenses and any legal fees arising from the incident.
Trade liability insurance covers third-party injury claims, property damage, and legal expenses. It provides essential protection for tradespeople against unexpected incidents that could otherwise lead to significant financial loss.
Accidents happen, and even minor incidents can result in substantial claims. Having the right business insurance ensures that you’re protected from financial strain, allowing you to focus on running your business with confidence.
When selecting a policy, consider the following:
Some key advantages of having this insurance include:
