The type of tradesperson insurance that you will need depends on the type of business that you run and the specific risks that you face. When it comes to considering insurance for tradesmen, you may like to consider the following types of insurance policies:

• Public liability insurance: Tradesmen are likely to work near other people and their property. Public liability insurance for self-employed tradesman will help to ensure that you’re covered against potential claims, offering protection if your business activities kill or injure a third party (non-employee) or damage their property.
• Product liability insurance: If a product that you have supplied, manufactured, adapted or imported has caused damage or injury to people or property, this will provide cover for any financial losses.
• Employers’ liability insurance: This type of insurance is a legal requirement for employers. Whether the member of staff is permanent, temporary, volunteer, contractor or freelancer, you need to have employers’ liability insurance in place, with a minimum level of protection of £5m to cover compensation claims if they get injured or ill at work.
• Contractors all risk (CAR) insurance: If damage occurs to site materials and works that you have been contracted to undertake, CAR insurance (also known as contract works insurance) will provide protection.
• Professional indemnity insurance: If your work causes a problem for your client (for example if a construction project is delayed) or you have given negligent advice, this will ensure that you are covered if your client makes a claim against you. Some clients also require construction businesses to have a certain level of cover in place before they start work on a project, so it is worth checking this before you start work.
• Structural warranty: If your construction business is responsible for building or buying new buildings, then a structural warranty will provide you with 10 years’ worth of protection. This includes cover for latent defects that occur during the build period, but which are not discovered until after completion has taken place and is also known as latent defects insurance.
• Tools insurance: Provides cover for the things that your business needs to operate, such as mechanical equipment, tools and materials.
• Plant and machinery insurance: If you use plant and machinery on site (such as diggers, cherry pickers or generators), regardless of whether you own the equipment or you’ve hired it, this will help to cover the replacement or repair costs in the event that it is stolen or damaged.
• Personal accident insurance: This type of cover will provide financial protection in the event of accidental injury or death on site.
• Van insurance: Do you use a van as part of your work? Then you will need to ensure that you have the correct amount of van insurance in place to cover you whilst driving it.

These are just examples of some of the types of trades insurance policies that we look after at The Yorkshire Broker. As we know that no two businesses are the same, speak to us today to find out which policies will best meet your needs.