Tradesman insurance covers many aspects, from equipment used, compensation costs against a legal claim to cover for current projects of work. Tradesman insurance also offers cover for many different situations, including working onsite, working abroad, consulting, private jobs and public contracts.

To be eligible for tradesman insurance the person in question must be a professional in their field and be working on either their client’s property or their own.

It’s a safeguard should a member of the public injure themselves or damage the property through some sort of neglect arising from business activities. A small mistake could turn into a very costly legal battle. Therefore, it is vital for a tradesman to have public liability insurance to prevent a business from large pay outs that could result in huge damage to the company. Public liability insurance will cover all legal costs that arise from the legal battle.

Employers liability insurance protects a tradesman and company should they get injured whilst working. It is also a legal obligation for all businesses. Employers liability insurance is mandatory for a tradesman who runs a business and employs a person full time, part time, unpaid and non-contracted.

Professional Indemnity is an insurance that offers protection for when and if a tradesman makes an error in their work, resulting in a claim against the tradesman for the error.

If a client were to seek compensation by going through the courts, the policy will cover any compensation costs, legal costs and any costs to keep the tradesman’s business afloat. If a tradesman provides advice as well as their service, they can be held legally liable for any damage that concurs due to the advice given. Professional indemnity insurance can protect against this risk.

Plant cover provides cover for the tradesman’s equipment used to fulfil working duties. This protection includes theft, loss or damage whilst building cover provides cover to the work premises.