Compare Tradesman Insurance - Contract Works Insurance

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Cover for Plumbers

Need plumbers insurance? Start by  comparing the cost of cover with multiple specialist UK insurance brokers in minutes. How? Select the quick quote button and complete a simple form. 

Cover for Electricans

Are you an Electrician looking to compare the costs of electrician insurance? yes select the quick quote and compare multiple quotes with a select panel of UK insurance brokers that cater to small to medium size businesses.

Cover for Roofers

Roofers insurance will provide protection to you as a sole trader or your roofing business. Start comparing the market by getting multiple quotes by completing one simple online enquiry form.

Cover for Carpenters

Carpenters insurance will protect your small business or if your are a sole trader? Getting multiple quotes in the first step to comparing the insurance options currently available on the UK insurance marketplace

Cover for Builders

Are you a builder by trade looking builders insurance?  Start today to compare the cost. How? Get multiple quotes from an exclusive panel of UK underwriter by completing one simple online form. 

 Construction Workers

The purpose of construction insurance is to provide the right level of protection to your business and workers allowing you concentrate on your core business in the knowledge that you have adequate cover should it be required.

The Basics of Tradesman Insurance

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Builders, carpenters, gardeners, and plumbers are among the most diligent workers you’ll ever come across with. But they are also very much exposed to various risks, from losing their tools to getting involved in accidents while at work.

Given the nature of their job, tradesmen are very much at risk of accidents compared to say, a typical office worker. Tradesmen work with dangerous tools which can cause injuries to them, or to other people. Working in other people’s houses can also put tradesmen at a disadvantage. They may face litigation if their work causes damage to the property of a client. Most tradesmen are self-employed. Thus, it can be very costly for them to replace a lost or damaged piece of equipment. And this isn’t just a matter of inconvenience, as tradesmen would have their income seriously jeopardized if they are unable to replace or repair a damaged tool. Fortunately, there’s a particular type of insurance--- tradesman insurance—tailored for them.

Demand and wages for UK tradesmen keeps growing

With the UK poised to exit the European Union the demand for skilled workers in the UL has never been greater. This shortage has lead to higher income for UK tradesmen, but the downside is that the cost to hire skilled workers has rocketed. Research has shown the electricians have benefited the most with some earning over GBP2,000 per week with even bricklayers bringing home over GBP1,000 per week.

A shortage of UK skilled workers also exists brought about about the long economic downturn.  “The industry lost three generations of talent during the long economic downturn,” said Brian Berry, chief executive of the Federation of Master Builders.

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Tradesman insurance typically covers the following:

  • Public liability insurance : covers legal expenses due to claims resulting from the damage of a property, or injury to an individual.
  • Personal Accident Cover: this will pay for a staff member who was injured while at work.
  • Third Party Property Damage : Third party property damage—this covers for expenses related to any damage that a contractor or his employees caused to a client’s property while working.
  • Contractual Works: this insures the tradesman’s construction works including materials, in case these are stolen or damaged. It can also reimburse expenses related to additional labor costs needed to rebuild the work that was previously completed. For example, a storm destroyed a structure that a contractor is building.
    • Equipment and Tools :  this insures the policy holder against costs related to the replacement or repair of damaged or lost equipment.
    • Commercial Vehicle Cover : This shields policy holders against costly repair expenses of a van or vehicle used in their business. It can also cover for the cost of renting a temporary replacement vehicle

    There are other optional covers or features that one can purchase. For example, an efficacy cover can reimburse litigation expenses should a tradesman be held legally liable for faulty installation of a security alarm.

    Tradesmen can also opt for tax investigation cover should their business be investigated for tax reasons. It can shield the business against loss of earnings while the company is under investigation.

    Are you eligible?

    Aside from the aforementioned workers, those who are eligible for tradesman insurance are electricians, painters, cake makers, contractors, painters, decorators, sign writers, and window cleaners. Even professionals like surveyors and consultants who need cover for equipment and liability insurance may also purchase tradesman insurance. What are typical restrictions? Like most insurance policies, tradesman insurance has several restrictions or exemptions. For instance, there are depth and height restrictions in most tradesman insurance policies. Businesses with high annual turnover, as well as those which have been inactive for a while, are also usually forbidden from getting this type of insurance.

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    Need Insurance for your Electrican * Plumber * Roofer  *  We can help by comparing multiple suppliers in minutes