There are numerous types of insurance for you to consider when you work as a tradie and one of the most important forms is Public Liability Insurance.
Before you take out Public Liability Insurance, it's a good idea to be informed about what it covers and why it's so important.
Who Needs Public Liability Insurance?
Public Liability Insurance protects you against damage to a person or property that occurs while you are carrying out your work. Because of the nature of the work that tradies carry out, Public Liability Insurance is essential.
If you run your own small business or work as a sub-contractor, you'll need Public Liability Insurance to make sure you're protected. In a lot of cases, you'll be required by law to have this insurance in place.
In a lot of cases, you won't be able to enter certain work sites as a sub-contractor unless you have Public Liability Insurance and will need to show evidence that you have insurance in place.
With professions such as electricians or plumbers, you have a legal obligation to have Public Liability Insurance in place and won't be able to renew your license unless you have proof that you're insured.
Why do I Need Public Liability Insurance?
Public Liability Insurance is designed to protect you if you cause damage to a person or property in the course of your work. For tradies, this can be particularly important because of the higher risk nature of your work. Remember, you generally won't be covered by the company you work for.
If you damage a person or property and are found to be liable after a claim, you'll be financially responsible for any costs involved. These costs can amount to thousands of dollars and you may be required to pay for any medical bills, rehabilitation, repairs or replacements.
Having Public Liability Insurance in place mans you are protecting yourself from the financial costs of any damages and means you won't be out of pocket.
How do I Get Public Liability Insurance?
No matter how careful you are in your work, accidents happen and you need to be prepared for the unexpected. Having Public Liability Insurance in place offers you peace of mind and means you won't need to use your own money if you're found financially liable for damages following a claim.
If you'd like to obtain a quote for Public Liability Insurance, simply contact All Trades Cover on 1300 826 850 or fill out the Quick Quote Form in seconds!