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Earlier this year our Annual Client Survey revealed that our clients wanted to know more about claims affecting their trade.

We listened, and now we present our first such update.  Below you’ll see a selection of claims that have been paid for our electrician clients during 2019.

To be clear, these are claims that have been successfully settled and paid, not just lodged.

We’ve selected a range of claims from different policy types and different sizes, to give a broad view of the types of claims affecting electrical businesses.


Switchboard Damage

Amount Paid: $23,000

Policy: Public Liability Insurance

A switchboard owned by a company that our client was subcontracting to was damaged whilst being moved by our client.

The damage was found to be caused by our client, and the costs were covered by their public liability insurance.


Damage to Tools

Amount Paid: $5,500

Policy: Tool Insurance

Our client suffered a vehicle accident which resulted in damage to both the vehicle and the tools stored within the vehicle and trailer.

We only provided insurance for the tools, not the vehicle, and the insurer covered the costs for replacing the damaged tools.

Importantly in this case, tool insurance covers your gear not just for theft, but also for damage resulting from a vehicle collision or rollover.


Water Damage

Amount Paid: $8,000

Policy: Public Liability Insurance

Damage was caused to roofing sheets during the installation of solar panels, which resulted in water damage within the premises.

Our client was found to be liable and the insurer covered the costs.


Stolen Tools

Amount Paid: $15,000

Policy: Tool Insurance

Our client had three of their vehicles broken into and tools stolen.

The insurer paid for the replacement of the tools and equipment.


Vehicle Damage

Amount Paid: $3,000

Policy: Commercial Vehicle Insurance

A third-party reversed into our client’s vehicle whilst in a hire yard.  The vehicle was insured via us, and the insurer covered the repair costs including new sign-writing.

Whilst the claim was paid, initially the insurer advised that our client would have to pay their excess.  This is because both vehicles were reversing, and the industry standard is that if both parties are reversing, they have both contributed to the accident.

The client’s account manager at Trade Risk argued that our client should not have to pay the excess, and after being escalated we were able to have the excess waived, which was a fantastic win for our client.


Water Damage

Amount Paid: $2,200

Policy: Public Liability Insurance

A roof tile was cracked whilst our client was installing solar panels.  During the next rain event water was able to enter the property, resulting in water damage.

As our client held public liability insurance, the insurer covered the costs involved in the claim.


Water Damage

Amount Paid: $2,000

Policy: Public Liability Insurance

A roof tile was not replaced after our client undertook work on a third-party’s property.  At the next rain event, water was able to enter the property and cause damage.

The third-party’s fridge and another appliance were damaged, and our client’s public liability insurance provider covered the costs for replacement items.


Damage to Ceiling

Amount Paid: $1,500

Policy: Public Liability Insurance

Our client was undertaking work in a McDonalds restaurant.  Too much weight was put on their ceiling, causing damage around the manhole.

The public liability insurance held by our client covered the repair costs.


Property Damage – Splashback

Amount Paid: $1,300

Policy: Public Liability Insurance

Our client was installing a rangehood in a new kitchen, and in the process scratched the splash back.

The scratches were too deep to repair, and our client’s public liability insurance covered the cost of replacing the splashback.


Deterioration of Food

Amount Paid: $1,100

Policy: Public Liability Insurance

After installing a new power point at a third-party’s property, our client failed to turn the power back on.  This resulted in the fridge and freezer defrosting, and the loss of all food due to deterioration.

Our client’s public liability insurance covered the costs claimed by the third party.


We love helping our clients with their insurance needs, and whilst we’d never wish a claim upon anyone, it is the time when we really get to show our value.

Many of the claims listed above aren’t life changing amounts for an electrician, but having to pull $5k, $10k, or $20k out of your pocket for no return is always going to hurt.

Whilst some of the claims listed above were from large clients with premiums well into the thousands, some where from clients whose insurance cost was barely $50 a month. That’s pretty good value in our opinion!

Electrical Contractors Insurance Claims

Tradies Love Trade Risk

In 2017 Trade Risk was awarded a Gold Trusted Service Award for the amazing service we offer to thousands of tradies from around Australia.

  • "Straight forward, easy to follow and then fast service from one of their customer service reps once online forms were completed"
    Cameron Verrills Constructions Pty Limited | Tradesman Insurance |
  • "Great service well set up"
    | Tradesman Insurance |
  • "To many emails, I almost blocked your site because you won't stop emailing me"
    | Tradesman Insurance |
  • "I purchased a new policy and it was tricky so there were a lot of emails back and forth to make sure I had the correct cover. Cheryl Boyd was super friendly, patient and professional! I really like giving good customer service but I love it when it comes back! I'm really happy with Trade Risk services and staff. Thank you."
    Benjamin Moncrieff T/As Hot Wash Pressure Cleaning | Tradesman Insurance |
  • "Good prices very professional easy to work with"
    Ian Spicer | Tradesman Insurance | Adelaide
  • "I found it very easy to do. People who I spoke over the phone were very helpful and I would definitely use the again"
    | Tradesman Insurance |
  • "Helpful staff"
    | Tradesman Insurance |
  • "Easy to renew. hassle free."
    Richard Jaskolski T/As Jacks Maintenance Services Mortdale | Tradesman Insurance |
  • "Renewed my insurance easily and without any hassles, will use them again next year"
    Ashley Joseph D'Rose | Tradesman Insurance |
  • "Excellent service"
    Barry William Crowe | Tradesman Insurance |
  • "Communication and contact support."
    | Tradesman Insurance |
  • "Great service and communication on all of my dealings with them"
    Super Inspect Pty Ltd | Tradesman Insurance |
  • "Simple and easy process to go through and would highly recommend this service to anyone"
    Tony | Tradesman Insurance | Sydney
  • "Exceeded expectations, great service"
    Cewe Pty Ltd | Tradesman Insurance |
  • "Cheap price, never had to claim so not sure how well it will hold up as a policy with loopholes etc"
    | Tradesman Insurance |
  • "Quick process exelent treatment to the client."
    | Tradesman Insurance |
  • "Excellent service"
    | Tradesman Insurance |
  • "Timely reminders and quick response emails."
    The Trustee For The Stephen & Yvonne Henry Family Trust T/As SYS Creative Pty Ltd | Tradesman Insurance |