Subcontractor Public Liability Insurance

A contractor s public liability insurance will also provide what is known as contingent liability cover.

Subcontractor public liability insurance. Public liability insurance for subcontractors. In some respects public liability insurance is very straightforward but once you scratch the surface it can actually be a very complex area with many potential complications. Many companies that you are subcontracting for will also require that you show evidence of holding public liability insurance. If you work as a subcontractor you are essentially running your own small business.

Please contact us via trade risk for more information. Public liability insurance quotes for a self employed sub contractor in lower risks occupations can start from 500. This domain name is currently for sale. Bona fide subcontractors are more independent setting their own hours getting paid by invoice working without supervision and supplying their own tools equipment and materials.

Public liability will generally be the first type of insurance required by a subcontractor. Public liability insurance is likely to be key for most subcontractors and you may be asked to show proof of your public liability insurance before you begin working on a project. Subcontractors come in many different forms with the most common example being tradesmen. Why do subcontractors need insurance.

Public liability insurance can pay compensation claims and legal costs if a member of the public for example a. This means that if a claim arises due to something that a subcontractor has done the contractor is covered even if the subcontractor has no insurance of their own. As part of our quest to make this important form of insurance easier for australian small business owners and operators to understand we are in the process of putting together a list of the most commonly asked questions. A third party could be your client or a member of the general public.

Public liability insurance will respond in the event that you cause property damage or personal injury to a third party. Not only is it a great cover to have but most work sites will actually require that you have this cover. When working with labour only subcontractors you are legally required to have employers liability insurance for them. While it is important that the cost of your insurance is affordable it is vital that you are covered for your complete sub contracting business activities.

The most commonly required form of subcontractor insurance is public liability.