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Tradesman News

74% of Tradesmen are Under-insured

by User Not Found | Jun 19, 2017

According to an AXA research paper (Insurance Age - June 2017 Issue), 74% of tradesmen (who took part in the survey) were under-insured as they failed to hold appropriate business insurance, such as tradesman liability insurance.

Those just starting out as tradesmen tend to be better at insuring against the risks they face, with 54% lacking any business insurance, however this still leaves half of new tradesmen without proper protection.

Tradesmen Business Insurance

Whether you are just starting out as a tradesman or are a veteran tradie, business insurance can protect you and your business in the event of a range of risks. Tradesman liability insurance for example, will indemnify you in the event that you cause or are alleged to have caused injury/death to a third party, or damage to third party property.

 

 

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