fbpx

Tiler

If you’re running a property maintenance business there are a few different insurance types you should consider.

Why?  Because like all trades and workers in the building and services industry, there are certain risks that you face in your business.

One of the major risks is that you cause property damage or personal injury to another person.

Another major risk is that your tools and equipment are stolen.

Thankfully both risks can be protected against with insurance.

Public liability insurance

Working in property maintenance, or as a handyman as many people like to say, it goes without saying that you’re working in a lot of different properties.

If your work results in damage to that property, whether it be the building or its contents, you will be liable for the costs of repairing or replacing it.

Public liability insurance responds in this case by covering such costs where you have found to be negligent.

You’re also likely to be dealing with a lot of different people in their homes.  The one thing worse that causing damage to someone’s property is causing injury (or even death) to another person.

This is where the dollar amount involved can get very serious.

Thankfully, public liability will also respond in this case.

Essentially, your public liability policy is going to cover you for property damage or personal injury suffered by a third party as a result of your negligence.

Not only is public liability a good idea, you’ll also find that it’s a mandatory requirement for most real estate agencies and property managers if you’re doing work for them.

You might think that working as a handyman is a relatively low risk, and the good news is that the insurance companies agree with you.

For this reason the cost of public liability for a handyman or property maintenance business is quite low, with cover available from just $452.*

* Based on a property maintenance business with one manual worker and a limit of $5 million cover, located in QLD.

Tool insurance

Property maintenance involves a wide variety of work, and for that reason you need a wide variety of tools and equipment.

Unfortunately tradies tools are high on the hit-list of opportunistic thieves, which means hard working guys (and girls) are having their gear stolen every day.

Tools

Aside from doing your best to prevent tool theft, it’s also important to insure your tools.

Tool insurance can protect you in the event that your tools are stolen from a secure location, following forced or violent entry.

A secured location can be anything from locked toolboxes secured to your ute tray, to the inside or your locked van or even inside your locked garage.

The main thing it that the thieves need to have broken something to access your gear.

In addition to theft, tool insurance can also respond if your gear is lost or damaged in a fire or vehicle collision or rollover.

As a handyman there’s not much you can do without your tools, so it’s vital to protect them with insurance unless you want to be left well out of pocket.

Income protection

Another important form of insurance, particularly if you’re a self-employed handyman, is income protection.

If you can’t work you can’t earn money, and income protection can help by replacing a large part of your income for a period of time whist you can’t work due to injury or illness.

As a general insurance broker, Trade Risk does not directly deal with income protection, however our close referral partners can certainly assist you.

More information

If you’re just after a quote and some quick coverage, our website can assist you with an instant quote just by asking you a couple of questions.

If you’re happy with the quote (and we think you will be!) you can purchase the policy online and have your certificate and other documents emailed to you instantly.

For those of you who prefer to deal with real person, our team will be more than happy to take your call and answer any questions you may have.

You can call our friendly team on 1800 808 800 during business hours, or you can get an instant quote from us any time that suits you.

Here at Trade Risk we insure hundreds of handymen and property maintenance businesses, and we’d love to look after you too.

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.

  • testimonial background
    "Very quick and easy just a few questions online and it's done, looks to be good coverage as well very good communication , will be using them again next year thank you trade risk team"
    | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Supportive towards small business and very flexible"
    Logreen Pty Ltd | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "I thought that the service was good, the ladies seemed nice and they were very easy to talk to"
    Cristopher Tremellen-Smith | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Excellent service"
    | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "I have requested a refund within the cooling off period and not received an answer"
    | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "No problems, it was quick and easy to arrange the insurance."
    | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "excellent service and you always follow through thank you guys !"
    Entire Installations (Aust) Pty Ltd | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Great service year in year out. Have been with Trade Risk for several years and find them the most competative in the market"
    Gerard Anthony Fox | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Easy to use website. Quick quoting and service. Good value."
    | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Excellent customer Service and very good for a small business, very approachable and nothing is too hard. Very competitive rates"
    Fiona Lee Joyce King | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "I renewed my acc. on 15/06/2020 and my certificate shows renewal date as 22/5/2020 So you basically charged a month from me when I did not need insurance due to not working ( COVID 19)"
    Johann Godfrey Van Tonder | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Always willing to provide assistance and information to make the process as easy and informative as possible."
    | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Very easy to deal with and prompt response every time, very thorough explanation of policy and terms."
    | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Just being bombarded with emails, driving me nuts."
    | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Easy to use and understand, their insurance is laid out in a format that the average person can quickly grasp. I needed cover fast and that’s what I got, simple."
    | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Great service"
    Scott Deem | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "My only reason for 4 stars instead of 5 is I had no contact from Trade risk when renewal was pending to offer me their service."
    | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Thanks Trade Risk for the right insurance for the right price ><))))º<"
    Clayton Wayne Earl | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full