Tradesmen & contractors liability insurance
As a tradesmen or owner of a small contracting business, you strive to have happy customers at the end of each contract. You’re an expert in your field, your clients trust and rely on you, and you want them to be more than impressed by your work.
Still, mistakes can and do happen, which is why taking out tradesmen or contractors liability cover is an absolute must.
Professional indemnity insurance for contractors and tradesmen
If a client is unhappy with the work you carried out or the advice you gave, they can claim against you for negligence. A single claim could cost thousands of pounds to settle, putting a huge strain on your finances if you weren’t insured.
Professional indemnity insurance – also known as contractors indemnity cover – is your financial safety net should one of your clients claim against your business. It will pay the cost of defending or settling the claim, bringing you peace of mind that your business is well protected.
A professional indemnity policy would cover you in the following circumstances:
- Making a mistake at work or giving customers wrong, misleading or bad advice (negligence/duty of care breach)
- Making false claims about a person or company (defamation)
- Sharing confidential client data without consent (breach of confidence)
- Using certain content without permission, for instance website content (intellectual property rights infringement)
Public liability insurance and employers liability insurance
As you interact with clients as part of your job, you’ll need public liability cover, sometimes known as contractor or tradesmans liability insurance. This will cover the legal costs of settling a claim made by someone who injures themselves, becomes ill, or has their possessions damaged as a result of your work.
If you have a small team working for you, the law requires you to have employers liability insurance. This is the same as a public liability policy, apart from it covers claims made by staff and not the public.
Get covered with Stride
You can also add specialist products to your policy such as cover for tools, own and hired plants, or a goods in transit policy. The choice can be a little daunting, so why not turn to the expert team at Stride?
We’ve been helping contractors secure quality cover for more than 40 years, sourced from industry leaders such as Aviva, AXA and Zurich. As we’re independent, we’re 100% unbiased in the advice we give and products we recommend.
To speak with one of our in-house advisors, call 023 9224 8780, or get a quote for tradesmen liability insurance or contractors liability cover today.