Plasterers Insurance: Video Transcript
Plasterers insurance is an umbrella term for a package of insurances that will usually include liability insurance and other business covers like theft of tools. A specialist insurer will be able to take into account things like turn-over, number of employees and levels of stock and provide you with just the right amount of protection, meaning you can get the lowest quote without leaving yourself under insured.
So what exactly does it cover you for?
Nearly all day-to-day business as a plasterer will be covered in some way including:
Day-to-day plastering work
Surveying, quoting or consulting
Work done in private residences, as well as public and council contracts and commercial buildings.
Working on site, and can provide verification of insurance documents
You can even take into account other work you may do such as decorating or building jobs.
Plasterers liability insurance
Liability insurance is arguably the most important part of any business insurance package.
Public liability insurance for plasterers
Public liability insurance for plasterers cover can pay out for a successful compensation claim brought against you by any customer or member of the public, if for example a fallen ladder damaged their property or they were to suffer a loss or injury as a result of your business, a customer may bring a claim against you, and that may run into the hundreds of thousands depending on the circumstances’
Employers liability for plasterers
As an employer you have a duty of care to provide adequate liability protection for your employees too. This protects them against accidents whilst under your employment.
Remember, if you don’t yet have any need for certain covers you won’t have to pay for them. Of course, as your business grows or changes, you simply need to call your advisor to increase or decrease limits, or add new covers.
Tools and stock cover
Should you be interested in protecting your tools or stock from theft or damage you can take out tools cover. As long as you can keep them securely locked where ever you store them you can decide on an over-all amount which would cover their replacement and insure for that much.
Contract works is a type of insurance that covers the jobs you are currently working on. For example if a fire or vandalism prolong a job or cost you money to replace materials you can make a claim, meaning you’re not left out of pocket.
There are quite a few other options too. So when you’re setting up your plasterers insurance, be sure to browse our site for more info or give one of our advisors a call on the number on the screen.