Contractors Insurance

Contractors insurance

Our contractor’s insurance policies cover a range of occupations and will cover almost any trade or profession.

Why is contractor insurance so important?

Running your own business is difficult with so many events that can change the course of your business and in many cases you cannot change or control these events. One of the most important elements to running your business is ensuring you carry the correct insurance coverage.

As a contractor you are open to many elements of risk, whether that is risk to the public, employees, theft, fire, malicious damage or even the weather. For this reason alone, contractors insurance is important because it can be tailored to protect you against all of these risks. Our advisors will spend some time talking with you to understand your business and then recommend the covers to protect your business and ensuring you meet any legal requirements.

What can contractor insurance cover?

Every contractor is different and therefore cover can be tailored to suit their business. These are just some of the covers available and will not necessarily be relevant to all trades.

Public Liability
Public Liability insurance is designed to protect you and your business against claims made against you for damage to third party property or injury to persons, as a result of your business activities.

Employers Liability

Employers Liability insurance is a legal requirement for any person or business who employs on a part or full time basis, whether that’s on a contract, labour only or even one off occassions. A contractor is responsible for the well being of anybody who is working for, or on their behalf and therefore the employers liability insurance is there to protect the business against the costs involving sickness or injury to its employees as a result of their duties.

Tools & Plant Insurance

This will cover your tools of the trade against theft or damage. Whether its drills, general hand tools or large plant such as diggers and dump trucks, Contractors insurance can be tailored to cover your business requirement.

Business Equipment

Will protect your business against loss or damage of business equipment such as laptops, printers and scanners.

Hired In Plant

Many contractors will hire in equipment from a third party to cater for specific jobs, for example hiring a cherry picker for working at height or a digger for excavation. Hired In Plant cover covers the hired in plant against loss or damage whilst in your control.

Contract Works Insurance

Contract Works is especially important for trades in the construction industry. The cover is designed to insure your works in progress against damage or theft. For example it will protect a builder against damage to a property which is part way through construction. This can also cover materials, tools and equipment left on site ( Subject to appropriate security).