Contractors and Tradesmen
As a contractor or a tradesperson, it is essential that you work to your client’s timescale, so that you can meet your clients’ requirements, whilst ensuring that every project is completed to the highest standard.
Each contract and project are different and whether you are a sole trader, you have a small team of tradespeople, or yours is a large construction business, you will need to find the right insurance cover, for your needs and this will be dependent upon the number of people you employ, or the size of your business.
Allied Insurance Services will provide you with a quick and accurate insurance policy, to allow you to get on with every contract that comes your way, so that you can have peace of mind that you are covered for every eventuality.
A Typical Package
Tradespersons insurance covers the different aspects and risks of your trade. A typical tradesperson’s or larger contractor’s insurance package will include the following covers:
Employers’ liability insurance, is a legal obligation to all businesses with any number of staff members, including unpaid staff, contractors, casual workers, or temporary staff. Employers’ liability insurance, will protect you and your employees, should they become injured while working for you. It will also cover you from potential claims from employees who have been injured or who have become seriously ill as a direct result of working for you.
Public and products liability cover protects you, your products and your business against personal injury or loss of your client’s property while you work.
If you own plant and equipment and it is damaged, stolen, or is at risk from fire or any other losses, whether on your own premises or in transit, ‘Own Plant and Equipment Insurance’ will provide essential cover against these potential risks.
If you’re hiring in an item of plant or equipment you will need ‘Hired in Plant and Equipment Insurance’. Many hirers won’t hire to you unless you have proof of this cover. However, if you only hire plant and equipment occasionally, the Allied team can discuss short-term measures for the smaller periods of time when your cover is needed.
Tradesmen who provide advice or offer services to other businesses need professional indemnity insurance. This insurance will cover you if you were to give advice that causes financial loss to a client.
Contract works insurance, will cover you against an insurable event like fire, flood, vandalism, or a storm, that will prevent you from fulfilling a contract.
Goods in transit covers loss of or damage to stock whilst in transit, or whilst being loaded and unloaded.
Legal expenses insurance is available in many forms and is designed to help protect businesses, employees, families, and landlords. If you or your business could face legal disputes including employment and contract disputes, tax investigations, or you need a legal defence, you should consider legal expenses insurance. The right legal expenses insurance will protect you against potentially significant costs arising from a variety of legal disputes.
Contract works insurance covers work that is underway on a site. It can pay to repair or redo the work that’s in progress if it’s damaged by an insured event like fire, flood, storm, vandalism, or theft
Tools insurance covers your tools and equipment against accidental damage or loss due to theft. It also covers any tools that you have hired in to complete a project.
Frequently Asked Questions
We have tried to answer some of the most common questions we get asked below.
Who we Do I need Employers’ Liability Insurance?Employers’ liability insurance, is a legal obligation to all businesses with any number of staff members, including unpaid staff, contractors, casual workers, or temporary staff. Employers’ liability insurance, will protect you and your employees, should they become injured while working for you. It will also cover you from potential claims from employees who have been injured or who have become seriously ill as a direct result of working for you.
How is my premium calculated?Your insurance premium is rated on the wages you pay and your businesses turnover. For smaller businesses your insurance premium will be rated on the number of employees.
What is the limit of indemnity for Public Liability Insurance?This is dependent on the types of clients you have and the contracts that are agrees and stipulated by your customers. It is common practice for councils for example to stipulate a certain level of public liability insurance, before they agree to a contract.
If my contract works is damaged half way through the job, can I get insurance cover?Yes. Under contract works extension cover this encompasses the works and the time undertaken on the contract to the point of loss and the cost to replace it and to bring it back to the position it was in before the damage occurred.
‘What people are saying’
Request a Callback
If you would like us to give you call please provide us with the information requested below.
We endeavour to reply to all queries within one working day.