Tradesman Liability - Tradespeople Covers / Builders Insurance/ Public and Employers Liability
The types of covers that tradesmans may need to consider (Tradesman Liability Insurance) :
1) Public Liability Insurance ? there are many ways that a building firm large or small could need to call on their Tradesman Liability Insurance Policy:
a) Death or injury to another person while you are working on a contract.
b) Damage to other peoples property.
c) Obstruction, nuisance, trespass, right of way, interference air, light, water.
In the main the Public Liability insurpolicy for tradesman is to help the tradesman(builder, construction, contractor, carpente, plumber or electrician etc) defend themselves against any allegations or wrong doings to a third party and in the event that it is proved that the tradesman was indeed negligent, and had either injured or caused damage to another the Public Liability Insurance would pay damages awarded up to the level of the cover the tradesman has chosen. Most Public Liability policies start from a minimum of £1,000,000 but it would not be uncommon for a tradesman to have £5,000,000 cover, particularly if the tradesman was working on larger projects.
Of course the Public Liability Insurance policy can be extended from the basic type of covers offered to include:
a) Health and Safety at work ? Legal defence costs
b) Motor Contingent Liability
c) Movement of obstructing vehicles
d) Bona-Fide Subcontractors
It is also a very good idea for a tradesman or building contractor to have a Contractors All Risk policy. This would cover the tradesman for mistakes on the clients own goods being worked on and also things like materials on site etc. This type of policy can be brought as a package to include Public Liability and other types of risks that a tradesman faces in the day to day running of their business.
