Tradesman Insurance
Tradesman insurance is a must if you are self-employed no matter what your line of business. There are three main areas that you will need;
- Employers liability - you may be self employed and working on your own, but if you employ any part time staff, trainees or subcontractors you will need to have this insurance by law.
- Public and products liability - the majority of trades will involve some contact with the public. Along with this comes the risk that somebody may make a claim against you at some time. Having this protection means that if you do get sued for any reason, your tradesman insurance will cover it.
- Tools and equipment - no doubt the trade you have will include the use of tools. All of your tools and equipment should be insured in case of theft and irreparable damage. If you do not have any premises you should still insure your tools. Tools should not be left in vans overnight; your tradesman insurance may not cover this.
It is important to get the right tradesman insurance for you. You may be able to get a policy that is tailored to your individual needs. Using a tradesman insurance broker is a good idea if you are looking for this type of insurance. They have experience and can find you the correct level of cover that you need.
Remember also that other types of insurance may need to be included with your tradesman insurance, for example, goods in transit insurance, business interruption insurance, and motor insurance for your vehicle.
Always investigate thoroughly exactly what you need and you will be sure to get the best tradesman insurance.
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