Trades/Mobile Business Insurance

The Main Risk for "Tradies" is their Public Liability exposure and secondly, their General Property (Tools of Trade) risks. Some occupations such as Electricians have even more requirements if they are working in Queensland

However, a Tradesman may not just be working from home. They may have a depot with office staff or perhaps a workshop in an Industrial area, so need to cover themselves for Fire and other perils (such as Storm, Vandalism, Flood), Burglary, Glass or Machinery Breakdown. A Trades Pack policy may be needed for adequate protection

They may also have commercial vehicles and trailers to carry their tools of trade around in. These could be big vehicles or mobile plant and equipment, depending on their vocation.

They may be in the Construction game and find themselves responsible for the Contract Works exposure. That is Fire and other perils at the work site as well as the liability risk for the unfinished work.

It all depends on what your activities are and how you operate and at CPR Insurance Services, we can assist in determining all your Insurance needs and Risk Management requirements. So call us now if you need help!

CPR Insurance - Experts who will save you!

Click here for more about these sections of a Trades Package policy

Click here if you want to look at any of the Insurers policy Wordings

Latest News

Illegal or unsuitable cladding now a big issue

Why we have laws, regulations and Australian standards? Because some people just do the wrong thing all for the sake of making money. The cladding issue is the subject of 4 Corners program on the ABC.

We are already seeing Insurance policies now placing exclusion endorsements into their policies excluding and claims relating to illegal cladding. We are seeing Governments demanding Audits of all existing buildings above a certain height. There are accusations of Builders taking other short cuts such as on Wiring, Pipes and sprinkler systems. 

The question is, who is to blame? Who will take responsibility?

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Small business in NSW

Right after the NSW Government have reimposed Fire Service Levies, they have at least made an effort for small business. The government has announced it will abolish stamp duty on a number of policies taken out by a small business. This is an important change.

What is a small business? In order to gain the exemptions, the business must be a small business for Capital Gains Tax Purposes for the income year in which the insurance is effected or renewed. A small business for CGT purposes is: “an individual, partnership, company or trust that is carrying on a business, and has an aggregated turnover of less than $2 million.”

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