fbpx

We make it fastereasier and cheaper for tradies to sort out their trade insurance.

Over 8,000 trade businesses have chosen us since 2010, and with over 700 positive reviews we’re certain you’ll be making the right choice with Trade Risk.

Whether you need standard public liability or a full business insurance pack, our multi-award-winning team can help.

Award Winning Service

Enter your details below for an instant quote, or call our friendly team on 1800 808 800 to find out why so many tradies love dealing with us.



If your trade is not listed please click here.  Don’t select the closest option and hope for the best!

If you need something more than an instant quote on public liability insurance, click here to view our other options including income protection and other forms of business insurance.

Trade Risk Press

Trade Insurance Types

Trade InsuranceTrade insurance is a term that is thrown around a lot in the trades industry, but what does is really cover? Is there an actual type of insurance called trade insurance? What is it?

Trade insurance isn’t a type of cover itself, instead the term is used to describe a range of covers that are often used in the trades industry by all sorts of trades including carpenters, electricians, plumbers and more.

So what are the types of policies available under trade insurance, and what exactly do they cover?

Public Liability Insurance

The policy that most tradies will have heard of is public liability insurance. This insurance covers you for any damage you cause someone property, or any injury that you cause to a person.

Some public liability claims can be quite minor, for things such as $500 worth of damage caused by slipt paint or broken glass. The really serious claims often come from personal injury, where your actions result in injury to someone.

For a minor injury you may find that a payout of a few grand will settle the matter, but in cases of serious injury where the victim requires a long time off work, the payout for loss of income can be huge. If your work results in someone’s death the financial consequences can be enormous.

Thankfully public liability insurance for tradies will protect you against the big financial hits when things like this go wrong.

Tool Insurance

Another popular policy as part of a trade insurance pack is tool insurance. As the name suggests, tool insurance simply covers your tools against loss or damage.

Most tool insurance policies are fairly similar, but the cover can vary from one insurer to the next. Most policies will cover you for theft, but some policies will only cover the tools whilst they are locked up, whilst others will give the option to cover them even when they’re not locked up.

Some insurers will also cover your tools of trade for accidental damage, but others will only cover for damage caused by fire, water or in a vehicle collision. Unfortunately there are no insurers we know of that will cover your tools for damaged whilst they’re actually in use.

Income Protection

Some people also refer to income protection as Accident and Illness insurance, however there are some very important differences between the two, and the results at a time of claim can be very different between the two policies.

Basically income protection is there to protect your income when you cannot work in your trade. Your policy will have a waiting period and a benefit period, as well as a monthly benefit amount. If you cannot work, you will start to receive your monthly benefits as soon as the waiting period has ended, and you will continue to receive benefits until the benefit period ends or your are able to return to work, whichever is sooner.

Also included in a trade insurance pack can be other types of insurance such as life insurance, TPD and trauma insurance, but generally speaking the big three covers for the average tradesman are public liability, tool insurance and income protection.

Depending on the trade insurance company you use, you may be able to get a multi-policy discount by combining your public liability, tools and income protection. It is worth asking your broker or adviser about any deals they may be able to offer.

Here are Trade Risk we always aim to get the best deal for you. Sometimes the cheapest company for your public liability won’t be the same as the cheapest insurer for your income protection, so in those cases we can mix and match your cover to get the best possible deal on your trade insurance.

For more information about trade insurance and how it can help you, please give us a call or complete our online quote request.

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 polite and great value"
    | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Good service no hassles have recommended trade risk to a few people."
    Matthew Hore | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "The Trade Risk service provided was seamless as they advised me in advance that my trade insurance was due and after completing my renewal online Trske Risk came back with a good premium and completed the process without any unnecessary communication. Great service that I highly recommend."
    Joseph Mifsud T/As Joe D Handyman | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "I have always been happy with their service and would recommend them definately."
    | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "I was caught out renewing my policy, but Trade Risk organised everything and made sure I was covered with my Public Liability Insurance."
    Peter Torti Pty Ltd | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Yeppppppppp"
    | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Good price & great service"
    | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Being in a bush fire disaster zone , your safe are lovely They were helpful and quick Really nice That’s what we need Thankyou"
    David Brazzani | Tradesman Insurance | Narooma
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "The Team at trade risk sorted out my request quickly and efficiently"
    Oliver William Darvell | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Very quick response and easy to deal with."
    Paramount Construction Group Pty Ltd | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "excellent communication - very efficient service"
    Jake Robert Prosser | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Great service, easy to deal with. Found us great comparison rates when renewing our insurance"
    J Bremer & A Magyar | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Can't complain about the pricing and coverage. They're a bit delayed in getting a renewal notice and quote for me to be able to make payment - this needs improvement."
    Andrew Gardiner | Tradesman Insurance | Ipswich QLD
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Better pricing, goes up every year risk does not !"
    Brian Arthur Chedgey | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Trade Risk is very good to deal with and really look after their customers"
    Saiyaaz Khan | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Was very easy as I have had an insurance broker for last 15 years who was charging me way to much."
    B&H Cotter Pty Ltd ATF The Cotter Family Trust | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Easy to deal with and gentle reminders on policy expiry. Daughter works in insurance and still recommends this company ."
    | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full
  • testimonial background
    "Prompt and timely reminders and receipt after payment"
    David Vickers | Tradesman Insurance |
    star fullstar fullstar fullstar fullstar full