Park Insurance have been advising contractors on their insurance requirements since 1983. We have a depth of tradesman insurance experience and professional knowledge which is second to none.
We truly understand your contractor insurance requirements and are here to help you choose the right insurance from a panel of leading insurers.
What is Contractor Insurance?
Typically, contractor insurance will cover you against any injury caused to your customers or the public or damage caused to their property as a result of your work. It will cover your employees against accident, injury while working for you. It may also cover you for lost or damaged tools, and cover against trade materials.
What Limit of Liability Will I Require?
The amount of cover you need totally depends on your individual business and the likely risks you may encounter. It may also depend on the kind of work you do for example many councils will now require a policy of £5 Million before you are able to work on council property.
A minimum of £1m in public liability cover is normal. Some customers or clients may insist on a higher level before they will allow you to work with them, or work on their premises. If you have employees you will also need to purchase Employers Liability.
The amount of cover you might need for tools, plant and other options needs some thought. It’s easy to underestimate how valuable your kit is until it has gone missing.
Who Would Require Contractor Insurance?
- Shop fitters
- Painters & Decorators
- Floor layers
- Carpet fitters
- Kitchen fitters
- Plus Many Other Trades
- Public & Employers Liability
- Contract Works
- Excess layer
- Tools Cover