Public Liability Blog

Public Liability for Qld Tradesmen

qld public liability insuranceTradesmen working in Queensland will require a range of insurance types, and one of the most popular is public liability insurance.

Qld has experienced a building boom during the last decade, and even further back than that.  It has of course taken a hit since the Global Financial Crisis, but there is still plenty of work out there for hardworking tradies.

Due to a large proportion of tradesmen being self-employed, many are required either by law or by the building companies to hold certain forms of insurance, including public liability cover.

Public Liability for Carpenters

Chippies are the lifeblood of the building industry.  Of course there are plenty of trades in the building and construction industry, but carpenters make up a very large chunk of them.

With many carpenters working as subcontractors on building sites, there is considerable demand for public liability insurance in Qld among this group of workers.

There are no government requirements or laws that state carpenters must have public liability cover in place, however most large building sites will have their own requirements for all self-employed carpenters.

Public Liability for Electricians

Electricians here in Qld are subject to addition requirements when it comes to public liability insurance.

In order to renew or apply for an electrical contractors licence in Qld, an electrician must have a public liability policy of at least $5 million, along with consumer protection insurance of no less than $50,000.

Not all insurance companies can issue policies which meet the Qld electrical contractors insurance requirements, so you may need to shop around for one that does.  Alternatively you can use a tradesman insurance broker who will know straight away who to use.

Public Liability for Plumbers

As with carpenters, the requirement for plumbers to hold public liability cover in Qld has more to do with the building companies and worksites, rather than anything set by the state government.

Regardless of whether or not public liability is mandatory for you as a plumber, it’s still a very good idea to hold this cover.  There are few other policies which offer the same level of protection for such a low price.

Quotes for Tradesman Insurance

If you’re a tradesman in Qld and want to know more about your insurance requirements, or simply want to get a quote on your insurance, there are a few options available to you.

There are a number of insurance brokers operating in Qld that specialise in tradesman insurance.  You can find them by simply searching Google.

A good tradesman insurance broker or advice will be able to help you with not only your public liability cover, but also with other forms of trade insurance such as tool insurance and income protection.

Tradesman Insurance NSW

NSW TradesmanA tradesman operating in New South Wales will require a range of insurance covers.

Some forms of insurance for tradesmen are mandatory, whilst others are optional – but still a very good idea.

The most popular form of insurance for NSW tradesmen is public liability insurance, and in this article we will take a closer look at public liability for tradies.

What is Public Liability?

For tradesmen in NSW, a public liability policy will protect them against the financial consequences of inflicting unintentional person injury or property damage to a customer or other person.

In normal circumstances you would be liable for the costs of any claim against you, but with public liability insurance you can shift this responsibility to the insurance company, provided that the incident is covered under your policy.

Who Needs It?

Any tradesman who works for himself, either as a business owner or a subcontractor, will most likely need public liability insurance.

Many worksites, especially the larger sites, will have mandatory requirements for all self-employed tradesmen to hold public liability insurance in NSW.  In some cases they will also be required to hold income protection.

Regardless of whether or not it is mandatory for you and your business in NSW, public liability cover is simply a good idea for any tradesman or trade business.

How Much Does It Cost?

The cost of public liability insurance varies depending on the type of trade business that you operate.

The fact that the business operates in NSW won’t have a huge impact on the cost, but if you are based in NSW you will have to pay stamp duty at the rate set by the state.

Your public liability insurance cost will be based primarily on the level of risk that the insurance company believes you may pose.  A low risk trade and business will generally attract a lower cost, whilst a higher risk trade and business will attract a higher premium.

Getting a quote on your public liability insurance in NSW is quite straightforward.  The best option is to contact a insurance broker who can assess your needs and recommend a suitable policy.

How Much Is Public Liability In Queensland?

Brisbane Public Liability InsuranceMany businesses in Queensland will need to have public liability insurance, and the cost of the cover can vary greatly depending on a number of factors.

Here in Qld there are a number of insurers offering public liability cover.  Each insurer will be happy to provide you with separate quotes on your cover, or you can use an insurance broker who will be able to obtain multiple quotes.

How much your public liability insurance costs will depend on a number of factors, and in this article we will look at some of the main factors affecting the price, along with the easiest ways to get a quote.

Size of the Business

The size of your business will have a major impact on the size of your public liability insurance cost.

Some insurance companies measure size by the annual revenue of the business, whilst other insurers measure size by the number of employees.  Some insurers use a combination of the two.

For most Qld business types, the larger the business is the larger the insurance cost will be.  This is generally due to the fact that a larger business will be undertaking more work, which means there is potential for more claims.

Activities of the Business

Different business types are treated differently when insurers are working out how much your public liability cost will be.

The cost for a retail business in Qld will be different to that of a single tradesman, which in turn will be completely different to the cost for a small office space.

Generally the activities of the business will affect the premium based on the level of risk posed.  A lower risk business will commonly have a much lower premium that a higher risk business.

It is important to tell the insurance company or insurance broker all about your business activities, even if it means your premium will increase.  If you don’t tell them everything, you could find that a claim is declined due to nondisclosure.

Other Factors

Other factors affecting the cost of public liability insurance in Qld include the level of cover you require, as well as the specific options that you wish to include in your policy.

A qualified insurance broker will be able to assess your business and insurance needs, and will be able to tell you how your business activities or other factors may impact upon how much your public liability cover will cost.

Getting a Quote in Qld

There are two main options when it comes to obtaining a public liability insurance quote here in Queensland.

Option one is to contact the insurance companies directly.  Not all of the insurance companies offer direct quotes, but enough do that you will be able to get a good idea of the different prices for your type of business.

The second option is to use an insurance broker.  An insurance broker will be able to obtain multiple quotes from all of the main insurance companies offering cover in Qld, and will then be able to advise you on which option they believe is best for you.

For more information please speak with your broker.  Alternatively you can get in touch with us and we will try to point you in the right direction.

NSW Public Liability Quotes

Sydney Public Liability InsuranceDo you run a business in NSW?  Do you need a quote on your public liability insurance?  We can help!

Public liability is important for all NSW businesses, and in many cases it will actually be mandatory.

There are plenty of different ways to get a quote on your insurance, and here at Public Liability Insurance NSW we are here to help you find out what you need to know.

Public Liability NSW

Regardless of whether your business in located in central Sydney or out west in Broken Hill, you may need to have public liability insurance to protect yourself and your business.

Although it’s obviously important to get the right cover to suit your business needs, it’s also important to find a policy which provides a good value and a competitive premium.

There are a couple of ways you can find quotes on your public liability insurance NSW.  The easiest way is to use an insurance broker.

NSW Insurance Brokers

New South Wales is home to plenty of insurance brokers who specialise in public liability insurance.

A broker will be able to provide you with quotes and information on your public liability, and can help you to choose the quote which offers to best value for your business.

In order to provide you with quotes, your insurance broker will need to know some information about your business.  Generally this will include the type of work which you do, as well as the turnover of your business and the number of workers you employ.

Once the broker has this information, they will obtain quotes from the public liability insurance companies who offer cover in NSW, and will then be able to report back to you on which options may be best for your business.

More Info for NSW Business Owners

For more information please speak with your broker, or if you don’t already have one, get in touch with the team at Public Liability Insurance Australia who may be able to assist you in locating a suitable broker either based in or servicing NSW.

Public Liability Insurance NSW

For businesses in NSW, one of the most commonly required forms of insurance is public liability.

Public liability insurance protects NSW businesses by insuring them against the financial consequences of any property damage or personal injury that they cause, provided that it falls within the coverage of the policy.

Your public liability insurance requirements will depend on the type of business you run, and whether or not you operate in any other Australian states.

Public Liability Explained

It is important to understand exactly what public liability insurance is.  Essentially the cover will protect your business in the event that you cause property damage or personal injury to another person.

When you cause property damage or personal injury you are liable for the financial consequences.  Normally these costs would need to be covered by the business, but with public liability insurance the costs can be covered by the insurance company.

Public liability insurance is commonly available to NSW businesses in amounts of $5, $10 and $20 million.  Some insurers also offer cover of $15 million and other various amounts.

NSW Public Liability Cost

The cost of public liability insurance in NSW depends on a number of different factors.

Common factors influencing your public liability insurance cost include the type of work you do and the industry you operate in, as well as your annual revenue figures and staffing numbers.

Your public liability cost can also be impacted upon if you work in locations which are deemed to be higher risk, such as airports, railway stations and mining areas.

If you would like to know the public liability insurance cost for your business, one of the easiest methods is to use an insurance broker who can obtain quotes from multiple insurance companies.

Obtaining Public Liability in NSW

There are a number of ways in which businesses in NSW can take out a public liability insurance policy.

Most Australian insurance companies offer public liability insurance in NSW and can provide quotes and service over the phone.  The only downfall with contacting insurance companies directly is that they generally cannot offer you personal advice which is tailored to your needs.

An insurance broker on the other hand can provide you with personal advice and recommendations.  Traditionally insurance brokers have been the preferred method for obtaining public liability insurance in NSW.

For more information on public liability cover please speak with your insurance broker.  If you do not have a broker feel free to get in touch with us and we may be able to put you in contact with a suitable insurance expert.

Queensland Insurance Brokers

Qld Business OwnerIf you need public liability insurance for your Queensland business, chances are you will want to speak with an insurance broker.

Here in Qld we are lucky to have hundreds of reputable insurance broking firms spread around the state.  Whether your business is in central Brisbane or outback Birdsville, there should be a decent broker within reach.

Insurance Brokers

Queenslanders have been using insurance brokers for over a century, and they continue to be a source of good advice and service for many people.

Brokers are less relied upon for personal insurance such as car and home these days, however they are still very important when it comes to business cover such as public liability and commercial insurance.

An insurance broker can help you with advice and service, and will also be able to help you finding the most competitive policies that provide you are your business with good value for money.

Public Liability Insurance

Public liability insurance is one of the most common forms of insurance looked after by insurance brokers when it comes to business cover.

Virtually all Qld businesses can benefit from holding public liability cover, and insurance brokers are generally best placed to assist in this regard.

You can bypass a broker for your business insurance and public liability, but most experts would agree that using a broker is the safest option to ensure you are properly covered.

There are some special requirements when it comes to public liability insurance in Qld, an example of which are the insurance requirements for Qld electricians.  By using a local broker you can ensure that you have the right cover for the local rules.

Qld Insurance Quotes

The quickest and easiest way to obtain a quote on your public liability in Qld is to use an insurance broker.

An insurance broker will be able to provide you with a range of quotes from the various insurance companies, helping you to choose the cover which provides the best value for your business.

To find out your public liability insurance cost simply get in touch with your local Qld business insurance broker.

Where to get Public Liability Insurance in Qld

Public Liability Insurance QldIf you’re a Queensland business then chances are you will need public liability insurance.

But where can you get cover in Qld?  Thankfully the answer is that you can get it from many sources here in our great state.

There are numerous ways in which to take out public liability insurance.  You can go through a broker, you can go online or you can go straight to the insurance company.

Which option is best for you depends mainly on your own needs and preferences.  In this guide we will look at some of the more popular options.

Insurance Brokers

This is where most businesses have traditionally gone for advice and service on public liability and other forms of business insurance.

The benefit of using an insurance broker is that you can rely on their knowledge and experience to ensure that you are getting the right cover to suit your business.

In many cases you can also rely on the broker to do the running around for you, ensuring that you’re getting the most competitively priced insurance.

The only real downside is that many brokers charge a broker fee to cover their time.  This may be as little as $50 added to the premium, but for larger policies that fee can grow quite high.

If you can find a decent insurance broker who will charge you no or low broker fees, then you could be onto a good thing provided that they have the ability to do what you need them to do.

If you are located outside of Qld but still do business in the state, then you’ll need to ask your broker if there are any special public liability insurance requirements for Qld that may affect your business.

Direct

For those business owners in Qld who prefer not to use a broker, the next most popular option is to approach the insurance companies directly.

This can be a good option in some cases, as you can potentially save some money on the broker fee that your broker may have charged.

The downside is that everything is now your responsibility.  If you decide to set up your insurance on your own you will have to deal with the consequences if you have done something incorrectly or haven’t read the documents well enough.

We have a list of public liability insurance providers here.

Online

Since we all have less time now days many Qld business owners are going online to sort out their public liability insurance.

There are different methods that these websites use in order to get you insured.  Some have direct links into the insurer’s systems to provide you with quotes, whilst others are backed by insurance brokers.

Some of the best websites are those that are backed by ‘real’ insurance brokers who can help you through the process via email and phone to ensure you are getting the right cover for your needs.

Getting it Done

However you choose to get your public liability insurance in Qld, the main this is to get the right cover to suit your business needs as well as your budget.

Qld Public Liability Providers

Public Liability Insurance QldAustralia has a very strong insurance industry, and that extends to providers of public liability insurance.

Queensland businesses have access to insurance products offered by almost all of the insurers based in Australia, however there are a couple of small state-based insurers who only look after their own state.

All of the major Australian insurance companies provide public liability insurance to Queensland businesses, and we have listed a few of the major players below:

QBE Insurance

The ‘Q’ in QBE actually stands for Queensland, which is a nice start for this now-global insurance company.

QBE provide all insurance products to Qld businesses including public liability insurance, and they are one of the few insurers to offer the special cover required by Qld electricians.

Allianz Insurance

Allianz are a well know insurance company offering business insurance in Qld.

Although Allianz is based in Germany, they have a large presence in Australia and have been doing business here for many years.

Vero Insurance

Vero specialise in business insurance and have public liability policies to suit a range of different types of businesses.

Vero are part of the Suncorp group, which is one of Australia’s largest insurance organisations and is based right here in sunny Qld.

Other Qld Insurers

There are many other insurance companies offering public liability insurance in Qld.

Some of the names you may have heard of include AMP, Zurich and CGU.

Retail Insurers

In addition to the insurers listed above there are also a number of retail insurance companies offering public liability in Queensland.

Retail insurers are generally classed as those who only provide insurance directly, and not via insurance brokers like most other insurers do.

Some of the most well known insurers offering public liability via their retail channel include NRMA and AAMI.  These companies generally offer cover via their website or call centres.

Quotes and Advice

Almost any business insurance broker in Qld will be able to assist you with insurance products offered by the companies above, with the exception of the retail insurers who do not deal with brokers.

For more information or to obtain a quote on your public liability insurance in Qld please contact your broker or insurance provider.

Queensland Public Liability Insurance

Wherever you operate in Queensland, chances are your business will require public liability insurance.

Public liability is a form of insurance which protects Queensland businesses from the financial costs of accidents and negligence which results in loss or damage to others.

Public Liability in Qld

Wherever you are in Australia public liability insurance is generally the same, however there are a few unique situations here in Queensland where the insurance requirements differ to other states.

One such example is electricians.  Here in Queensland any subcontractor or business owner applying for a Qld Electrical Contractors Licence must obtain a public liability policy which includes a special option known as consumer protection.

Licensed pool inspectors operating under the Qld guidelines must also hold a special form of professional indemnity insurance that has been designed specifically to meet the government regulations.

Is Public Liability Mandatory in Qld?

There are a few instances where public liability insurance required, such as those mentioned above, but generally public liability is entirely optional for business operating in Queensland.

Whilst the government may not mandate insurance requirements for everyone, many people such as tradesmen will find that the insurance has been made mandatory by many companies managing large building projects.

Regardless of whether or not you are told that you must have public liability insurance, there is little doubt that it’s a very good idea for any business to have adequate cover in place to protect them against things going wrong.

Queensland Insurance Quotes

Obtaining quotes for public liability insurance for businesses here in Queensland is a fairly straightforward process which can be done in a number different ways.

Traditionally many business owners and operators have gone directly to an insurance broker to obtain quotes on their business insurance.  This is still the most common option, however some of the insurance companies are now targeting clients directly and bypassing the brokers.

Despite this trend, most business owners still find it much easier to use an insurance broker who knows their industry and can obtain multiple quotes in a shorter period of time. Not to mention the benefits of good advice that an insurance broker can offer.

More Information

If your business is based in or operates in Queensland and you would like to find out more about public liability insurance please contact your insurance broker.

If you do not have an insurance broker you can find a local broker using this service offered by the National Insurance Brokers Association (NIBA).