Being your own boss is fantastic. It’s perhaps something that many of us have dreamed of, especially when going through all the training and qualifications to get us to where we are now. Maybe having worked for people we know are doing stuff wrong and simply have a bad attitude, one that ground our gears and made us realise we needed to work for ourselves. Lots of tradespeople end up going solo or starting their own business. You’ve seen them driving around your neck of the woods. If you are a tradesman or woman, do you have everything you need? Probably the van, definitely the gear. What about tradesperson insurance?
Why Do You Need Tradesperson Insurance?
Firstly, there are many reasons why you might need tradesperson insurance. It covers you for those ‘what if’ moments when things could go wrong. How would you fix a client’s driveway if you dropped something and it was to cause damage? What about if the work you did was to cause an injury? Not many people have a cool couple of million pounds hidden away in their bank account. This means you wouldn’t be able to afford to rectify the issues. Without an insurance policy, this could lead to bankruptcy and even losing your home. Covering yourself with insurance protects against the unexpected.
What TradesPerson Insurance Is Available?
There are so many different types of tradespeople out there, doing completely different jobs. This means that there isn’t a one-size-fits-all insurance policy that is going to cover you. If you were to line up ten tradespeople, they would all have different requirements of what they need based on the work they do.
You can find a policy that will work specifically for you by going to an expert and specialist insurance company. Perhaps you are looking for paint and decorator insurance, joiners insurance, stone mason insurance, handyman insurance, couriers insurance, chimney sweep insurance CCTV installer insurance, or fencing contractor insurance. You could be looking for tiler insurance, fireplace installer insurance, electricians insurance, plumbers insurance, bricklayers insurance, gardeners insurance, gas fitters insurance, carpet fitter insurance, glazier insurance, and everything in between. If you are a tradesperson requiring insurance, you can find a specific product tailored to exactly what you do and what you need.
Make Sure It Is Right For Your Situation
As far as wide as ‘working in the trade’ covers, you need to ensure that you get the insurance cover that is really going to work for your situation. There is little point in paying for a policy that isn’t going to work should something happen. Insurance policies usually have an excess you will have to pay, but it’ll be a couple of hundred pounds. Obviously, you won’t have to pay this if you don’t claim, however, finding a handful of £20 notes is much different from potentially finding a million pounds.
In conclusion, the tradesperson insurance policy you get needs to cover you for the work you are doing, and public liability is also hugely important. Finally, your business insurance needs to provide cover for the risks that you, as a professional, could come across in the industry.
