Bricklayers Insurance

Bricklaying Insurance

Public liability insurance for brickies

For most self-employed bricklayers public liability insurance is a must.

Many worksites will have mandatory public liability requirements, but many tradesmen are unsure exactly why they need this insurance and how it might help them.

In this guide we will look at what this form cover actually does for bricklayers, which ones need it and how much it will cost.

What is it?

Public liability can protect a bricklayer from the costs of a claim involving property damage or personal injury to another person.

If you are found to have acted negligently you could be up for some serious costs, but with the right insurance in place you can rely on the insurer to cover the costs.

Claims for property damage and personal injury can occur very easily for bricklayer, or for any tradesman for that matter.

A minor property damage claim could arise from something as simple as dropping a brick chipping an expensive tile.

A personal injury claim on the other hand could involve collapsed brickwork which results in a serious injury or even death.

Which brickies need it?

Generally speaking it is bricklayers who work for their own business or as a subcontractor who need public liability cover.

If you are working on wages you will generally be covered by your employer’s insurance, but it is still worth checking with your employer to ensure you are not left exposed.

Some worksites have mandatory public liability requirements for all tradies on site, but even if that’s not the case for you it is still worth considering.

How much does it cost?

Bricklayers are generally considered to be a fairly low insurance risk for public liability, which is great news because it means the premiums are also quite low.

The public liability cost for a brickie can be from as little as $400 for someone doing standard residential work on their own.

Getting a quote is the best way to find out the cost of your insurance, and you can do this easily by completing our online quote request or talking to your existing broker.

Other policies

Although our website focuses mainly on public liability, there are other forms of cover that a brickie can benefit from.

Income protection is the common form of bricklayers insurance behind public liability, and other popular covers include tool insurance and life insurance.

If you would like more information about public liability or any other form of business cover please contact us.

Tree Lopping Insurance

Tree Lopper

There are some occupations and business types which need insurance more than others, and tree loppers definitely fall into that category.

As a tree lopper you know there are some serious risks that you face every day when it comes to personal injury and property damage.

Although the potential risks are high, you can protect yourself with public liability insurance.

Public Liability Insurance

Public liability is arguably the most important form of insurance for people involved in tree lopping.

This form of insurance can protect you and your business in the event that you cause property damage or personal injury to another person as a result of your business activities.

Anyone who has been in the industry will know how easy it is to cause injury or damage through falling branches or entire trees, not to mention the potential for chainsaw mishaps.

For these reasons public liability is a must for anyone running their own business or working as a subcontractor in the tree lopping industry.

Insurance considerations

The main issue you will have with public liability insurance as a tree lopper is the heights you can work at.

If you are a gardener, handyman or landscaper who does some lopping as part of the job, most insurers will have height restrictions of 3m to 5m. Some actually exclude tree lopping completely.

If tree lopping is your full time role, you will find that some insurers do not offer cover at all. In this case you will have to shop around to find an insurer who can offer you appropriate coverage.

Quotes and more information

To find out which insurers will offer cover to suit your tree lopping activities, and to find the insurers that will offer the most competitive premiums, the best option may be to use an insurance broker.

You don’t have to use a broker, but it will save you a lot of running around, and it may also save you a considerable amount of money if the broker can secure you a better deal.

The cost of your public liability cover will depend on your specific business activities, including what heights you are working at and what percentage of your time is spent on lopping.

Income Protection

Although we specialise in public liability, it would be remiss of us not to mention income protection insurance.

Handling a chainsaw at whilst perched ten or twenty metres up a tree can be quite risky, and there are plenty of news articles out there covering some nasty injuries to tree loppers.

Public liability won’t cover you for injuries that you suffer yourself, but you can still protect yourself with forms of insurance such as income protection and TPD insurance.

For more information about these forms of cover you should speak with a qualified financial adviser. By ticking this option on our online quote request we can put you in touch with a suitable professional.

Should You Use a Local Broker?

Once upon a time if you wanted to use an insurance broker you would use one from your local area, but these days things are different.

The internet has brought about major changes in so many areas of our lives, and this includes the ways that we interact with business professionals such as insurance brokers.

Whilst the rise of online services means that we can access services from anywhere around the country (or even the world), is this a good idea for you and your business?

So the question is, are you better off using a local insurance broker or looking elsewhere?

Benefits of using a local

One of the best things about using a local insurance broker is that you can speak with them face to face.

Not only is this good in terms of building a business relationship, but it also means that your broker can visit your place of business and see for themselves what potential risks need to be insured against.

Whilst this may not be a big deal for many small business types, it can become more important for larger businesses and those with a complex range of potential risks than need to be assessed.

Disadvantages of going local

The major downside to using a local insurance broker is that you’re restricting yourself to a small pool of expertise.

For example you may run a fairly unique business type in one area, but all of the brokers specialising in your industry are located interstate.

A local broker may still be able to help you, but by limiting yourself to the local area you are missing out on the specialist advice available elsewhere.

Benefits of going elsewhere

Technology means that we can now deal with a business insurance broker from anywhere in the country.

We can find a broker via an online search, we can research them and learn more via their website, and we can communicate with them via email, phone, online chat and even video conferencing.

This means that you can find the most suitable insurance broker for your business without being limited to a certain geographic area, and you can deal with them at any time that suits you.

If you are dealing with an insurance brokerage that only deals with clients via phone and email, you may also find that they can offer lower premiums due to their lower operating costs.

The downside of dealing with a remote broker is that you cannot deal with them face to face.

However, in most cases you still have the peace of mind knowing that you’re dealing with a qualified and licensed broker, and any decent broker will provide you with their mobile phone so that you can contact them whenever you need to.

With advances in online technology, there is no reason why insuring your business with an insurance broker who deals via phone and email should be any different to using one who deals face to face.

Insurance for a New Business

Establishing a new business is an exciting time, but along with the fun jobs there are also a few less exciting tasks to be done.

Some of the fun jobs include choosing a business name and having a logo designed, as well as finding your new premises and fitting it out.

The less exciting tasks can vary, but in most cases business insurance will definitely fall into this category!

Whilst insuring your business may not be the most interesting part of setting up a new enterprise, it is certainly one of the most important if you wish to protect yourself and your business.

What are your risks?

Insurance isn’t just about choosing a policy and paying the premium. It is about protecting yourself and your business against the risks that you face.

Therefore the first step in looking after your business is to consider all of the risks to your business.

Many businesses will have common risks, but they will also have their own unique risks depending on the business type.

For example a cafe business and a tradie may seem very different, but there are in fact many common elements between a cafe insurance pack and a tradesman insurance pack.

Both business types have the risk of causing injury to another person. For the cafe it could be through slip and fall injuries, whilst for the tradesman it could be through workplace incidents.

Likewise the cafe owner and the tradesman both have property to protect. For the tradesman it will be his tools, and for the cafe owner it will be their fit-out and stock etc.

So the first step for your new business is to assess your risks. Some of the common ones to consider include the risk of:

  • Causing personal injury to others
  • Causing damage to the property of others
  • Providing advice which results in a financial loss
  • Having your property stolen or vandalised
  • Having your property damage through fire or storm
  • Being unable to operate your business for a period of time

Covering your risks

Thankfully a new business can cover many of the risks listed above with insurance.

The risks of causing property damage or personal injury to another person can be covered by public liability insurance, whilst the risk of providing negligent advice can be covered by professional indemnity.

Risks associated with loss or damage to property can be covered by a range of different covers designed to protect against theft, vandalism, fire, accident and storm damage

Getting good advice

If this is your first business and you have never required business insurance in the past, the best thing you can do is seek professional advice.

An insurance broker will be able to run through all of your business risks with you in order to determine which types of insurance you require.

The broker will also be able to obtain multiple quotes for you in order to get you the best deal on your cover, which is important since we all know the importance of keeping costs down in a new business.

We have put together a guide on choosing your first insurance broker to help with finding the right fit for you and your business.

Setting up a new business is an exciting time, and by getting your insurance right the first time you can save yourself a lot of time, money and heartache down the track.

Small Business Insurance NSW

NSW Public Liability InsuranceNew South Wales is a great place to run a small business.

Whether you operate in the heart of Sydney or out in regional NSW, it’s important to ensure your business is properly protected.

So many things can go wrong in business, and arguably small businesses have more to lose than their larger peers.

This guide will run through some of the important steps in obtaining business insurance in NSW.

Getting quotes

There are a couple of different options when seeking quotes on small business insurance.

The traditional route was to contact a local insurance broker, or to contact insurance companies directly yourself via their call centre or website.

Increasingly small business owners are using online services to obtain quotes.  This is sometimes via the insurance company’s own websites, but the growth of comparison website cannot be ignored.

These comparison websites can be useful, but if you’re running a small business it’s probably a better idea to seek professional advice.

Getting advice

If you want expert advice on your small business insurance the best option is to speak with an insurance broker.

Insurance companies themselves cannot give you advice.  Their staff can speak to you about insurance, but they cannot provide personal advice or recommendations.

Although once upon a time you would need to use a local broker who you could meet with face-to-face, electronic communication is changing this.

Thanks to the internet, email and phone you can deal with a broker anywhere in Australia, rather than having to use a broker in Sydney or elsewhere in NSW.

Getting cover

Once you’re happy with the quotes you’ve received, and the advice you’ve received if applicable, the next step is to get your cover in place.

If you’ve contacted an insurance company directly you will simply take out the insurance with them.  This can generally be done over the phone or via their website.

If you’ve used a broker for the quotes (and possible advice) then you’ll need to contact them to proceed with the cover.

This can also be done over the phone or via email in some cases.  There is generally no need to meet with the broker in person.

So no matter where you are in NSW, getting quotes, advice and cover on small business insurance is as simple as picking up the phone or doing a Google search.

For more information please check out the other articles on our website, or follow this link to our online insurance quote form.

Sydney Cafe Insurance

Coffee beans

When operating a cafe in Sydney there will be a range of business insurance types required.

One of the most important is public liability, and that is the one this article will focus on.

Some of the topic we’ll be looking at include what the policy covers, how much it costs and why it’s important for your cafe.

What does it cover?

Public liability insurance will cover your cafe business in the event that your business activities result in property damage or personal injury to another person.

A common potential claim for a cafe is the classic ‘slip and fall’.  If a customer was to slip or trip in your cafe and suffer an injury, you could be found liable for their costs.

Another potential claim which is less common, but still worth knowing about, is that of coffee and hot drink scalds and burns.

If you were found to be liable and responsible in any of these cases, your public liability insurance policy would cover the costs of a claim against you and your business.

What are the costs?

The cost of public liability for a cafe in Sydney will generally be quite low, especially when included in your overall cafe insurance package.

In terms of what will impact upon your costs, generally it is a case of the larger the business the more expensive the premium will be.

The insurer will look at factors such as the number of staff, your annual revenue and the number of seats in your cafe when determining your premium.

Why do cafes need it?

It’s all about protecting yourself and your business from the costs of a claim against you.

If you are found to be responsible for someone’s loss and therefore liable to pay their costs, the money involved can be huge.

A small claim for a customer who has sprained their ankle whilst in your store may not send you broke, but if that client was to suffer a serious back injury which affected their ability to work then you could be up for hundreds of thousands.

Whilst a typical cafe owner in Sydney may not have a spare couple of hundred grand laying around, your insurance policy can cover you for anywhere from $5 million to $20 million.

Get a quote

To get a quote on your insurance please complete our public liability quote request form.

You have worked hard to build your cafe business, so don’t risk not having the right cover in place.

NSW Insurance Providers

NSW Public Liability InsuranceAs a business owner you are free to insure your business with whoever you choose.

But if you’d prefer to insure with a company that is headquartered here in New South Wales, the list does shrink slightly.

Thankfully there are plenty of big and reputable insurers based in NSW however, and in this guide we’ll run through some of the major firms offering public liability and other forms of business insurance.

Allianz

Allianz are headquartered in their home country of Germany, but here in Australia their head office is located on Market Street in Sydney.

The global insurer has been operating in Australia for many years and employs thousands of locals both in Sydney and in other offices around the country.

Allianz offers a range of business insurance products including public liability, general property and business interruption to name a few.

QBE

QBE is one of Australia’s largest insurance companies, and their head office is located on Pitt Street in the heart of Sydney.

They offer a full range of insurance products for both domestic and commercial uses.

Zurich

As is the case with Allianz, Zurich are another insurer which is based overseas but have their Australian head office in Sydney.

Zurich have operated in Australia since 1961 and their head office is on Blue Street in North Sydney.

Zurich are one of the few insurers operating locally who can offer both general insurance products (such as public liability) and life insurance products (such as income protection and term life insurance).

Others

There are other smaller insurance companies headquartered in Sydney, but the above list is all about the major insurers.

There are other major insurance companies based in Sydney such as AMP and OnePath, however these are life insurance companies and do not offer business cover such as public liability.

If you would prefer to deal with a NSW based insurer, simply let your broker know and they will be happy to assist with your request.

How Much is Public Liability Insurance?

NSW Public Liability InsuranceThe cost of public liability insurance for a business in NSW can vary hugely.

There are a number of factors which affect the pricing of this form of insurance, and in this guide we’ll take a look at them.

Costs

A public liability insurance policy can cost a business in New South Wales anywhere from $300 for a very small and low-risk business, through to many thousands for a big business.

As with all forms of insurance, the cost of public liability is based primarily upon the chances of your business making a claim, and the likely size of that claim.

If the insurer believes that your business type has a low chance of making a claim, and that any claim would likely be fairly small, then they will charge you a relatively low premium each year.

If on the other hand the insurer believes that your business has a higher chance of claiming, or that the claim amount could be particularly high, then they will charge you a higher premium.

Now let’s take a look at the specific factors the insurers look at when pricing public liability cover.

Factors Affecting the Premium

There are three main factors which will affect the cost of insurance for a NSW business.  These are as follows:

  • Type of business (i.e. your business activities)
  • Size of business (in terms of either staff or revenue numbers)
  • The amount of cover required

There are other factors which will affect the pricing, but these are the big three which will have the largest impact on the cost.

Other factors can include the following:

  • Working in hazardous locations (such as airports and mine sites)
  • Prior claims and incident history
  • Use of subcontractors and labour hire
  • Working at heights

Again this list does not cover every factor, but there are more of the main things that an insurance broker will need to know below they can provide an accurate quote.

If your business conducts any activities which could be considered to be outside of the norm for your industry, you will need to let the insurance company know, and this could also impact upon the cost of the cover.

There are very few options available to businesses to vary their own insurance premium, but one option is to increase the excess on your policy.

By increasing your excess, which is the amount you must contribute to a claim, you can decrease the premium payable each year.

Whilst this will result in a premium saving, it will increase your costs in the event that you need to make a claim.

Getting a Quote

Whilst it’s important for a business owner to know what affects the pricing of their public liability insurance, the only way to get an accurate quote is to seek one from an insurer or insurance broker.

There are many insurance brokers located in Sydney and throughout NSW who can assist with quotes on public liability cover.

To request a quote on your insurance please click here to visit our online quote form and follow the prompts.

We can then put you in contact with a business insurance broker who understands the NSW market and can provide you with quotes and information on your insurance needs.

NSW Electrician Insurance

ElectricianIf you’re a licensed electrical contractor in New South Wales you may need public liability insurance.

Public liability is one of the most important forms of insurance that an electrician can have, and is many cases it will be mandatory.

What is Public Liability?

Public liability will protect you as an electrician if your work results in property damage or personal injury to another person, and it is shown that negligence was a factor.

For an electrician, this could involve faulty wiring work that causes a fire and damaged property, or that results in electrocution to someone else.

Licence Requirements

Although Fair Trading NSW does not list any specific insurance requirements on their website (click here) it is widely accepted that public liability is vital for a licensed electrician.

Most building and construction companies will require that all electricians on site have public liability insurance of at least $5 million.

In addition to public liability, many work sites will also have mandatory income protection requirements for all self-employed and subcontracting electricians.

Master Electricians Australia is also a strong advocate for sparkies having public liability insurance, as outlined in this article about an electrician who received a lifetime ban in NSW.

Insurance Cost

The public liability insurance cost for an electrician will vary depending on your business.

If you are a sole trader working on domestic and light commercial projects the cost of public liability can be as little as $450 in NSW.

If however you are working on larger projects or have multiple staff working for you, the cost can increase dramatically, especially if you are working on locations such as mines and quarries.

For more information about public liability insurance in New South Wales please speak with your insurance broker.

Cleaners Insurance

NSW Public Liability InsuranceWith so many commercial and residential buildings in the Sydney CBD, it is no surprise that cleaners are in great demand in the city.

All cleaners working for property managers and real estate agents will generally be required to hold insurance before that can start work.

In this guide we will take a look at the forms of cover commonly required.

Public Liability Insurance

All cleaning contractors (those working under their own ABN) will require public liability insurance.

This form of cover protects you from the financial consequences of causing property damage or personal injury to others through your own negligence.

Common claims can include people slipping and injuring themselves where you have not placed appropriate warning signs on slippery surfaces.

Another common claim is where an inappropriate cleaning product has been negligently used and resulted in damage to property.

Although these events can constitute common claims, you still need to check your policy to ensure events such as these are covered.

When taking out public liability cover in NSW it is also important to tell the insurance company if you are undertaking any work in public spaces, as this can impact upon the cover you need.

Income Protection

It is far less common for income protection to be a mandatory form of insurance for cleaners, however it is still important for any cleaner working for themself.

As a self-employed or contract cleaner you will generally not be covered by worker’s compensation or sick leave, therefore the only way to protect your income is via income protection insurance.

Income protection can replace the majority of your income for a period of time if you are unable to work due to injury or illness, and in most cases it will cover you for events which occur at or away from work.

Quotes

To obtain a quote on your cleaners public liability insurance please contact your broker or preferred insurance company.

It’s also worth shopping around, as the quotes for cleaners insurance can vary greatly depending on who you go through.