Tradie insurance solutions

The type of insurance you need depends on the type of work you do but some of the most important ones for tradies and self-employed contractors include:

• Public liability – this is a ‘must-have’ for many industries.
• Tools and equipment insurance covers the costs of replacement or repair of your essential equipment.
• Personal accident and sickness insurance means that if you are unable to work you can still  pay the bills.

If you provide advice or design services to your clients, we strongly recommend you consider professional indemnity insurance.

Professional indemnity insurance can cover your business for allegations of negligence involving a breach of professional duty. This is typically excluded under public liability insurance.

Some insurers will offer you only ‘defined events’ cover, which covers you for only those things you must specify, such as fire or collision damage. There’s often also an exclusion if your tools are stolen from a working site, unless they are locked away on that site.  

This cover can offer you full damage, full replacement Australia-wide cover, including water damage and an option for theft in open air cover. So, if you leave your tools on a working site and they are stolen, you’re covered.

Insurance is a construction industry standard expectation, and you may need to show a Certificate of Currency for insurances such as public liability, contract works or commercial motor before starting work.

Marsh can help with your insurance needs whatever the size of your business. Our broker service team will be happy to help find an insurance solution for you.

For many tradies public liability insurance is an industry requirement, whether you’re working in a private home or on a construction site. This insures you against damage to other people or property.

Tradies may also want to consider tools and equipment insurance and/or personal accident and sickness insurance to protect your equipment and yourself. 

The cost of your cover depends on a variety of factors: the amount and type of cover you need, the size of your business and the type of work you do. The fastest way to find out how much it might cost is to get an online quote.