Just lately, a lot of builders are requesting tradesman and tilers up their public liability.

The standard liability cover used to be $5,000,00. It was not uncommon for most trades to have $10,000,000.

Well now the new minimum is becoming $20,000,000 for public liability.

So check with your builder or supervisor and go over your subcontractors policy.

Most policies will have a clause that states the maximum cover per single event. This is the most important aspect of your cover. These are sometimes broken down into percentages. Some will cover up to 100% of building damage, but may only cover 80% of income cover for other persons. You’ll need to check what your cover contains because it’s only going to get harder as far as compliance is concerned.

Then there is the excess that you have to pay per claim. So shop around if you need to up your cover. Most insurance companies will try to confuse you with add-ons and benefits that really don’t mount up to much.
Ask your Builders and other trades what cover they have and if they have made any claims. Word of mouth is by far the best recommendation anyone can get.

The best I have found are policies that cover all your needs in one package. Then you are only dealing with a single company regarding your claim. They can’t pass the buck because all your dealings are with them, and only them.

Cheers

Mick