Working as a contractor in the construction industry or other trades can offer varied and exciting work but do you understand what your liabilities are as a contractor and are you covered for all eventualities? You may need cover for your public liabilities and also the needs of your employees if you have them. It's worth checking out what level of cover you might need to put in place. Some optional extras could be applicable to your line of work – such as cover for expensive tools or equipment.
Why do I need public liability insurance?
If a member of the public is injured or even killed because of work that you've carried out, or on a site that you are responsible for - public liability insurance could be vital. If you cause damage to a person or to property, this could help cover any costs associated with a claim for damages. Most polices offer up to £5 million in cover, with some offering a minimum of £1 million. If you don’t have this, your business and reputation could be ruined should a claim for damages be made against you.
Why do I need employers’ liability insurance?
If you hire other contractors or have one or more employees on your books then you may need to have employers’ liability insurance. Even if your workers are self-employed, you could still be required to cover them with this type of insurance.This is normally a legal requirement and you could be fined if you don’t have it. It’s there to protect you and your staff in case of accident, injury or death and could help cover the cost of a claim from an employee should they be injured due to their work.
To see what insurance deals we have on offer, just take a few minutes to:
1. Complete our simple online form
2. Browse prices from a range of insurance brands
3. Choose the quote that suits your business needs
4. Pay securely online
And that’s it! Once you’re covered you’ll receive your documents instantly via email so you can get on with the important stuff.
Check before you buy…
• Read the Key Features and Policy Summary documents before you buy to make sure you are happy with the excess payable in the event of a claim and any exclusions.
• Make sure you have included or excluded any optional extras, such as tool cover.
• Think about combining your policy with business car and van insurance for easy administration. You might even qualify for a discount!
Get a quote now or read more in our business insurance guides.