What is trades insurance?

Every trade has its own specific risks and challenges which is why our trades insurance provides tailored protection to the needs of tradies.

Who should consider it?

Whether you’re a plumber, carpenter, electrician or landscape gardener or any other trades person you will need a range of insurances to safeguard your business and livelihood. Trades insurance is available for sole traders and companies.

“Having the right insurance will help protect your business and minimise its exposure to risk. This may include insuring your business, your income and your commercial risk.”

Department of Innovation,
Industry and Science, 2018

$33b

The cost of natural disasters to Australian business, government and communities is estimated to reach $33 billion by 2050.

(Australian Business Rountable, The
Economic COst of the Social Impact of Natural Disasters, 2016)

35%

According to Inside Small Business, only
16% of SMEs have a financial back-up plan
in place, while 35% said they’d need to
cut spending and limit their lifestyle if
they were unable to work.

(Inside Small Business, ‘Seven insurance issues small-business owners should consider in 2017’, 2017)

24%

Sole traders were the least likely of
businesses to be insured, (24%), followed
by small businesses operating from home
(21.4%).

(ICA, Non-insurance in the Small to
Medium Sized Enterprise Sector, 2015)