Business Trade Insurance

Compare quotes from our trusted insurance partners*:

Insurance for Tradesmen

... Professional negligence Contractual liability Events occurring before or after the policy period Business Insurance Your tools of trade and other business assets help you get the job done, so consider protecting them ...

How much does Public Liability Insurance cost for Tradesmen?

... , for example, gas fitters usually pay more than other types of trades for obvious reasons. Business turnover and size The amount of insurance cover required Other factors that may play a part in determining the cost ...

Sole Trader Insurance

... potentially draining your finances and putting you out of business. That's where sole trader insurance could help. Sole trader insurance—our name for business insurance policies designed for the needs of sole traders and ...

Tools of Trade Insurance – The definitive guide

... with the best tradie tool insurance for your business needs. Trade tools insurance There are several different types of tool insurance in Australia, and tools of trade insurance coverage is available for the specific ...

Business Insurance Guide for the Self-Employed – Part 3

... (also known as General Property insurance) covers you for loss and damage to items of portable equipment associated with your business. These can include tools of trade and items of stock. Tradies with tools, mobile ...

How to improve cash flow and increase profit margins in your trade business

... is with BizCover. Learn more about the types of trade insurance that can help reduce the risks for your tradie business. If you would like help with your trade insurance, give us a bell on 1300 920 874 and speak ...

How to find good tradespeople for your trade business

... * with BizCover. We make it quick and easy to compare prices and purchase business insurance online. Get your trade insurance quotes sorted quickly and without fuss online or by calling us on us on 1300 920 864 . ...

Top 8 in-demand trade jobs in Australia that pay well

... online and save on business insurance immediately. Consider the types of business insurance that can help reduce the risks for your business. If you would like to discuss your trade insurance with BizCover, give us ...

13 easy marketing tips to grow your trade business

... payments with Apple Pay and Google Pay. Discover how easy business insurance* for tradies is with BizCover At BizCover, we remove the pain from purchasing trade insurance by making it fast (10 minutes), free of paperwork ...

12 easy steps to start a profitable handyman business

... it occurs outside of your employment). Choose BizCover to make handyman insurance simple It can take a lot of time, effort, and staying power to build a successful trade business. And if you've done all of that, then you ...

Insurance for Gardeners

... of portable equipment associated with your business. These can include tools of trade and items of stock. Portable Equipment is an optional cover available through most Business Insurance Packs*. You can bundle cover for ...

Insurance for Landscapers

... may also be a requirement to join trade associations. Business Insurance* Business Insurance is a package designed to provide cover for your business contents, stock, tools and commercial premises when an insured ...

Earthmoving and Excavators Insurance

... property damage Third-party bodily injury Their business premises and contents Tools of the trade Business equipment Keep reading to learn more about the insurance options available for earthmovers and excavators and ...

5 signs it might be time to switch business insurance companies

... . A change in your business may mean that your existing coverage limits no longer suit. You may also have insurance obligations that you must meet, like minimum cover amounts to hold a trade or professional license. 2 ...

Business Interruption Insurance: Your 'Get Out of Jail Free' Card

... occur it is often the interference to trading capabilities, and not the event itself, that has the real potential to bring a business to its knees. Business interruption insurance is designed to provide compensation for ...

Sole trader insurance myths, debunked

... ready to uncover the truths that will empower you to confidently protect your business. Myth 1 – Sole traders are too small for business insurance As a sole trader, you might think, “I’m just one person, do I really need ...

Home Based Business Insurance

... cover. Portal Equipment insurance (also known as General Property insurance) covers you for loss and damage to items of portable equipment associated with your business. These can include tools of trade and items of ...

Business Interruption Cover*

... an additional cover option available when you take out a Business Insurance policy. Did you Know? When a catastrophe occurs it can be the interference to trading capabilities, and not the event itself, that has the real ...

How to become a successful sole trader

... traders, like all other business owners, require business insurance . Make sure you allocate time and funds for setting up insurance for your new sole trader business with a business insurance broker who makes it quick ...

6 basic business tips for sole traders in Australia

... tips for sole traders in Australia is to ensure that your business is protected by sole trader insurance . Every business can benefit from business insurance and that includes sole traders. While you're growing your sole ...

6 ways to save money on tradie insurance

... trader insurance? Although you might be looking to save some money, sometimes the cheapest insurance option ... that is right for your business. 2. Use an Online Insurance Service Your business probably keeps you very busy. ...

Benefits of insurance for small businesses

... , the insurer will cover the cost, leaving you to continue trading as usual. 2. Business insurance can increase the credibility of your business Here is something you and your customer have in common: neither of you ...

Insurance for Concrete Contractors

... tools? Many concrete workers choose cover for their tools of the trade and other equipment that's vital to running their business. Your Business Insurance Package can be customised to include cover for your tools and ...

Insurance for Concrete Pumping

... essential to running your concrete pumping business. That's why many concrete pumping businesses choose cover that protects their tools of the trade. As part of your Business Insurance Package , you may select Machinery ...

Insurance for Pet Professionals

... loss and damage to items of portable equipment associated with your business. These can include tools of trade and items of stock. Personal Accident and Illness insurance Take a moment to consider if you were to suffer ...

5 tips for an insurance health check

... , yet 80% of those who rank ‘being unable to trade’ as one of their top concerns, claim not to have Business Interruption Insurance. (Vero SME Insurance Index,2016) 3. Do I have enough cover to safeguard against a ...

7 surprising ways business insurance can help your company

... and damage to items of portable equipment associated with your business. These can include tools of trade and items of stock. Machinery Breakdown *: This insurance covers the cost to repair or replace specified machinery ...

Guide to helping your business make a stress-free claim

... a claim for loss of trade through your Business Interruption cover, you will need to provide accurate financial records demonstrating how much your business is earning. Experience insurance made easy with BizCover today ...

Insurance for Food Retail

... your machinery after an unexpected failure. Business interruption - If you can't trade, you can't earn. This ... can focus on running your food retail business. Tax Audit insurance * covers accountants' fees incurred in ...

How to set up your own sole trader contracting business

... for the long haul. Consider investing in business insurance if you're going to go into business for yourself. Why should sole trader contracting businesses consider business insurance? There are a few reasons why you ...

Advantages and Disadvantages of Being a Sole Trader

... or sustains property damage as a result of your negligent business activities. The bottom line Having sole trader insurance and a sound business plan can set your small business up for success in the long run. After ...

Managing Risk and Liability as a Sole Trader

... to hold sole trader insurance (also referred to as sole trader liability insurance) for their business. How to introduce business risk management as a sole trader Business risk management and business risk mitigation are ...

A guide to choosing the right trade business

... need to think about once you decide with which trade you want to work in is your business insurance. Regardless if you decide to become a sparky or a chippy, business insurance is one of those important things you need ...

How to get a NSW trade licence

... , gain your NSW plumber licence , or pursue a more niche trade, read on to find out how to get your NSW tradie licence ... with tradie insurance * (also known as contractor insurance). These types of business insurance * have ...

How to get your trade contractor licence in Queensland

... need one. You will need to obtain your trade contractor licence from QBCC if you intend to perform ... to securing your business insurance such as public liability insurance in Queensland and tradie insurance *, there will ...

View all

Reviews related to Business Trade Insurance

unbelievable savings truly amazing the difference in the insurance costs thank you biz cover i will be recommending you to all my fellow business owners regards Palew Constructions

Richard A
Trades & Services
So quick and easy to purchase liability insurance from a range of insurers. Very happy customer!!

Shirley M McIntosh
Trades & Services
Compare the market were quick to respond to my enquiry, were extremely helpful, took the time out to understand what I needed and came back with some quotes very quickly. They helped me understand what insurance would be best for me and were extremely kno

Sarah W Woodland
Trades & Services
Easy no fuss way to purchase insurance

Heath W Wheeler
Trades & Services
Great Price on my Liability insurance

James M
Trades & Services
Thanks insurance made simple

Phillip A
Trades & Services
Great service!

Jeff G Gilling
Trades & Services
very easy, well explained very recommended

Michael G Gentilin
Trades & Services
Easy to complete process, good phone support, thankyou.

Scott C Curtis-Griffiths
Trades & Services
Easy and effective thank you

Werner B Birnbaum
Trades & Services
Quick service! Best price

Joseph S Semaan
Trades & Services
Awesome so easy to use no dramzzz

Mark M Mazzotta
Trades & Services
Great work

Diane B Baker
Trades & Services
Excellent as usual

NATALIE LAWRENCE AND TIMOTHY SADLER T T/A GRASS MUNCHERS MOWING
Trades & Services
Good website, and easy to use.

Marika S Shipton
Trades & Services
Very fast and convenient

Daniel R Royal
Trades & Services
Awesome

BRETT S Smith
Trades & Services
Very straight forward unlike NRMA you can't even fill the form with out hickups

Miki M Milutinovic
Trades & Services
ALL GOOD

Darren o overall
Trades & Services
Awesome. So quick and easy

Haami D Dewes
Trades & Services
very easy, no hassles.

Cain H Halpern-Hodge
Trades & Services
very easy to use

Mitchell W Williams
Trades & Services
Fanstic

Elizabeth B Baszanowski
Trades & Services
Always great to deal with. Thanks BizCover.

Harold G Grinage-Casasola
Trades & Services
Very easy to use Website

Adam Y Young
Trades & Services
Fantastic

Hooman S Soltani
Trades & Services
Efficient, professional and to the point. Not pushy and pointing out important information to consider. Thank you!

Erika K Kruger
Trades & Services
So easy to purchase - thanks

Jill W Wardropper
Trades & Services
Website to renew is hard in ipads and worse on iphones, took about 15 times reloading

Jade M
Trades & Services
awesome service

Darren J
Trades & Services
THANK YOU THIS WAS SO EASY

Nathan S
Trades & Services
Quick and easy. Honestly couldn't be happier

Julian E
Trades & Services
Awesome service

Jason C
Trades & Services
So easy to set up.

Thong V
Trades & Services
Very simple.

Justin H
Trades & Services
i guess hoping i dont need to find out by having to claim & then finding issues.

Tammy M
Trades & Services
Easy, fast and very helpful

James R
Trades & Services
Great

Robert D
Trades & Services
Great help

Ethan W
Trades & Services
Fast easy helpful

Alfred P
Trades & Services
Excellente

Milena M
Trades & Services
Easy to deal

Crytal C
Trades & Services
Great experience, easy, streamlined and clear to understand.

Simon L
Trades & Services
Easy to navigate through the website. I have a few questions to ask regarding my policy. could someone please call me tomorrow on 0451940806. thanks

Patrick W
Trades & Services
Pleasure to do

Charlane S
Trades & Services
Very quick and easy to set up

Shaun D
Trades & Services
easy and effective

Christopher P
Trades & Services
Amazing

Elaine H
Trades & Services
Good

Shane P
Trades & Services
So easy to renew love it

Bruce D
Trades & Services
Very quick and easy

Wendy C
Trades & Services
A nice easy application process!

Tom G
Trades & Services
easy site to navigate

Dale M
Trades & Services
Wow, that was soooooooooooooo easy!!! Thank you !

Keith B
Trades & Services
Easy to use

Darcie P
Trades & Services
Incredible was so easy to perform

Glen J
Trades & Services
Very user friendly! Thanks

Paul S
Trades & Services
Easy and quick to use

Alexander J
Trades & Services
This case was a tough one, thanks team for assisting us for same, we really appreciate it .

Mohammad K
Trades & Services
Easy and convenient to renew online

Billy M
Trades & Services
quick easy and good prices

Kyle B
Trades & Services
Quick and easy

Lee M
Trades & Services
GEORGE GABRIEL IS AN ASSET TO BIZCOVER AND SHOULD BE COMMENDED FOR HIS EXCELLENT ATTITUDE AND ENERGY!

Zoe H
Trades & Services
Great help and cover

Jade M
Trades & Services
Best service ever on internet

Jhirmal S
Trades & Services

Public Liability Insurance cost for Tradesmen

Insurance for Tradies

What is insurance for tradesmen?

Whether you’re a carpenter, a handyman or a plumber, things like accidentally injuring or damaging a third-parties property or getting your tools stolen are real risks that tradies face every day. Business insurance for tradesmen is designed to give your tradie business the protection it needs and peace of mind knowing that you have a safeguard in place when things don’t stick to the blueprint.

Why do Tradesmen need insurance?

The reality is as a tradie you are exposed to different kinds of risks, making it vital to look at the various types of business insurance options available and how they can protect your business. These are some examples of when business insurance can help:

Protection against claims from third parties for accidental personal injury or damage to their property
Protection for your tools of trade in case they are lost, stolen or damaged
Certain types of business insurances may be required when taking on a contract
Financial protection in the event you are faced with a claim

Don’t be a ‘hero’ and rock up to your next job without your insurance. With BizCover you can get multiple competitive quotes from some of Australia’s leading insurers online quicker than you can say “smoko” and grab yourself a feed from the tuck shop!

Did you know?

Your Public Liability policy covers you anywhere in Australia, so you can work your trade magic anywhere from Brisbane to Balmain!

What insurances should tradesmen consider?

There are a few types of business insurances you may need to consider as a tradie. This is a snapshot of a few:

Public Liability Insurance

Public Liability insurance may be a requirement for tradies well before you step foot on site and is one of the important types of cover you may need to look at.

Even if you can talk your way out of a pile of rubble, you’re not going to be able to talk your way out of a Public Liability claim. Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public is injured or sustains property damage as a result of your negligent business activities.

Consider the possible personal injury claims from trip hazards created by your work activities or the risk of property damage claims – what about if you dropped a hammer and cracked some tiles? What if you forgot to turn the power mains off and electrocuted someone?

A personal injury and property damage claim could have a huge impact on your business, not only financially, but also to your company’s reputation.

If you’re working as a contractor, you should also consider your contractual obligations to carry a minimum amount of Public Liability insurance. You may also be required to hold Public Liability insurance if you are a member of a particular trade association.

What is typically included?

Compensation for:

personal injury suffered by a third party (e.g. a customer, supplier or member of the public)
damage to property owned by a third party due to your negligent business activities
legal and defence costs associated with a covered claim

What is typically not covered?

Injuries to your employees
Damage to your own property
Costs of rectifying faulty workmanship
Professional negligence
Contractual liability
Events occurring before or after the policy period

Business Insurance

Your tools of trade and other business assets help you get the job done, so consider protecting them with coverage options like Portable Equipment* and Contents*

Insuring your tools, and your business against an instance when you have to down tools will ensure you still have a business,

Portable Equipment* – it’s likely you’ve accumulated a lot of tools over several years of work. If they were lost or stolen could you turn up to work the next morning and keep working? She’ll be apples with Portable Equipment cover – it insures items such as tools, business equipment or electronic items.

Professional Indemnity insurance

If you are an electrician, plumber of carpenter, sharing your tradie pearls of wisdom to your clients could lead to a potential claim if things don’t exactly go to plan and an accidental error occurs.

There’s no doubt you know your stuff when it comes to all things tradie, and if you are an electrician, plumber of carpenter client’s may often seek out your advice on certain things. But did you know that if your advice causes them a financial loss you could be held responsible? That’s where Professional Indemnity insurance can provide a helping hand.

Professional Indemnity insurance covers you for losses claimed by a third party and defence costs due to alleged or actual negligence in your professional services or advice.

Personal Accident & Illness Insurance

Working as a tradie you rely on being physically fit to your business going and getting the job done, so if accident or illness were to strike you need to think of Plan B to help provide an income while you’re off recovering.

As a tradie you need to be fit and healthy to bring in the dough – but have you stopped to think about how you would keep on paying the bills if you were to injure yourself or fall ill and had to take time off work to recover? Accidents can happen anywhere, anytime. It could be at work or even on your own time; whether you are doing a bit of DIY around the house or playing a game of backyard footy on the weekend.

Personal Accident and Illness Insurance provides levels of cover for loss of income, permanent disablement and even death if you are unable to work as a result of an injury or illness.

Product Liability insurance

If your tradie business starts selling products, you may need Product Liability insurance to protect from claims from third parties for property damage or injury.

Tax Audit

If your tradie business is investigated by the ATO it can be a stressful and time-consuming event. It’s a hassle and worry that you don’t need hanging over your head, and that’s where Tax Audit insurance can make things less stressful.

If your accounts are audited by the ATO, you may need to hire external professionals, like an accountant to assist in the process. Tax Audit Insurance covers a business for specified costs in responding to an official tax audit.

An unwanted trade

A tradie working on a commercial building locked up his tools before leaving the worksite at the end of the day. The next morning when the site was opened his tools were nowhere to be seen. A double whammy – no tools and potentially a contractual penalty for delaying the work. The insured’s claim was dealt with quickly and he was able to replace his tools in time to avoid all penalties.

Get instant quotes

Why choose BizCover for your tradesmen insurance?

BizCover - No Jargons

We won’t bore you with jargon

We’re not fans of complicated insurance speak, so we talk to you in plain English.

BizCover - Built for Small Businesses

Cover to match your needs

You can tailor policies from selected Australian insurers to suit the needs of your business, and we are there to help!

No paperless

No paperwork required

We don’t believe in mountains of forms and paperwork, just online insurance made easy!

BizCover - Real People

Real people adding real value

Our friendly service team is on hand and on a mission to make you smile!

What kind of tradesmen need business insurance?

These are just some examples of the type of trades industry’s which need to consider business insurance to protect their business:

Tradesman insurance covers a broad range of modalities, including:

Carpenters & Woodworkers
Electricians
Handymen
Plumbers
Concreters
Garden & Lawn Maintenance
Painters
Bricklayers
Lawn Mowing Service
Tilers

How much does insurance cost for tradesmen?

Every tradie is different with their own unique features and types of potential risks. There isn’t a one-price fits all kind of tradie insurance policy, the pricing is dependent on your individual factors and circumstances.

These factors can be things like:

Your claim history
The type of business operations you perform
Your annual turnover
The number of staff
Level of cover
Claims history

To receive an accurate idea of how much business insurance will cost for your tradie business have a chat to our friendly team to get a quote.

Frequently Asked Questions

Is business insurance compulsory for tradies?

Certain types of business insurance like Public Liability insurance may be a requirement before you can work on a job. It is always important to check your contract or agreement to see if a minimum level of cover is also stipulated.

If you rent your business premises, Public Liability and even Glass cover may be outlined as a requirement of your rental agreement by your landlord.

I am a sole trader, do I need Tradesman insurance?

Just like any other self-employed business, insurance is something which you should consider as part of your business plan to help you stay in the tradie game for the long haul. While some types of insurance may be a requirement, there are a variety of coverage options designed to protect the things that matter most to your tradie business.

How much Public Liability insurance should my tradie business have?

Just like the cost of business insurance, there isn’t a blanket cover for all tradies. However, there are a few factors that you can keep in mind when trying to calculate your level of cover. For example:

The size of the jobs that you are working on. The higher the cost, the higher risk and you may want to look at increasing your Public Liability insurance accordingly
Is there a minimum amount of cover stipulated in your contract?

Prefer to talk?

Call us and talk to a real person.
Friendly, helpful service from a business insurance professional.

1300 249 268

Mon-Fri 8.30am-7.00pm
Sat 9.00am-5.00pm

* This information is a general guide only and does not take into account your objectives, financial situation or needs. As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this web page is general only and should not be relied upon as advice.