Public liability insurance, along with other types of business insurance, can be essential if you’re a self-employed plasterer or run a small business. We take a look at what you might need.
What insurance do plasterers need?
As a self-employed plasterer or small business owner, insurance can help protect you against financial loss if things go wrong on a job.
Government sources show that 54,000 UK workers are injured on the job each year, with many of these being construction workers. It makes sense to protect yourself and your plastering business with the right insurance cover.
Plasterers’ insurance can include various types of cover, such as public liability insurance and employers’ liability insurance, as part of a business insurance package.
What is plasterers public liability cover?
Any profession where you’re going into people’s houses and making changes exposes you to risk. The houses you work in may be full of valuable or precious items. If something goes wrong you could be held accountable.
Public liability insurance is designed to financially protect you against injury or damages claims. For example, if a collapsing wall injures a customer, or one of your team damages a client’s property, that client might claim thousands in compensation.
Public liability cover isn’t a legal requirement, but it could protect you from hefty legal bills and compensation costs.
Frequently asked questions
What is employers’ liability cover?
Employers’ liability insurance covers you if someone is injured or gets ill through the work they’ve been doing for you. It’s a legal requirement to have this in place if you have any employees who are outside of your direct family – even just one.
It’s not just about on-site accidents though. If an employee claims they’ve suffered ill heath from a work-related issue, employers’ liability insurance can cover you. According to the Office for National Statistics, nearly 80,000 UK construction workers suffer work-related ill health each year, so it’s not something any employer can afford to ignore.
What happens if I don’t have employers’ liability insurance?
You can face a fine of £2,500 for every day that you’re not properly insured. And if you don’t hand over your insurance certificate when inspectors ask to see it, you could be fined a further £1,000.
How much employers’ liability cover do I need?
Your insurance should cover you for at least £5 million, and needs to come from an authorised insurance provider.
What if I’m a self-employed plasterer?
What other types of business insurance would a plasterer need?
Imagine you’re plastering an extension, and halfway through the job an accidental fire destroys the house.
A contract works insurance policy can insure the new walls, as well as any materials and fittings. Contract works insurance can also cover you in the event of a flood, storm or an act of vandalism. Without it, you might find you’ve done weeks of work for which you won’t get paid.
Your plastering tools are essential for your work. Business tools insurance can cover them against loss or damage. And if you use your van to transport your tools, it’s worth making sure your commercial van insurance has an add-on that covers your tools against accidental damage or theft.
If you have a business premises, commercial property insurance can help protect it, and you can also get insurance for your business contents.
Home office insurance may be necessary if your business’s admin is run from home.
Business interruption insurance could help compensate you for loss of profits if, for some unforeseen reason, your business is unable to operate. However, interruptions to your business because of coronavirus probably won’t be covered.
How do I find a good deal for plasterers insurance?
The good news is that getting a plasterers insurance quote couldn't be easier. All you need to do is tell us a bit about yourself and your business. Then we’ll sift through the available policies to find the best deals for you.
What won’t plasterers insurance cover?
Exactly what your plasterers insurance will and won’t cover will depend on the policy you go for. But typically, your insurance provider is likely to refuse to pay out for:
- deliberate acts resulting in injury or illness
- injuries that occur while you’re travelling
- employees who are working off-shore
But it’s worth remembering that policies differ hugely, so it’s important to read carefully the terms and conditions of yours.
What do I need to get a quote?
When you start a plasterers insurance quote, it’ll help if you have the following information to hand:
- the value of your tools and other work gear
- what level of cover you’re after
- details of your last insurance claim
Why use Compare the Market?
**Correct as of September 2020.
***On average it can take less than 7 minutes to complete a business quote through Compare the Market based on data in September 2020.
****For the period 1st June 2020 to 31st August 2020, 10,731 people responded to the recommend question. 10,011 responded with a score of 6 or above, therefore 93.3% are likely to recommend.
From the Business team
What our expert says
“As with most construction jobs, plastering can be a risky business. But with comprehensive insurance in place, you won’t need to worry about unexpected eventualities.”