Renovating your Business? Consider this.
By Peter Vickers Insurance Brokers | business insurance, smallbusinessinsurance, insurance broker, Trades insurance, tradesmans insurance, public liability insurance, product liability insurance |
When undertaking a renovation on your business premises, you would think to hire qualified Tradespeople who are confident, experienced and specialised in the appropriate areas. Even so, challenges may arise that fall outside their area of expertise which potentially causes some sort of damage or loss. What do you do when this happens?
There are several layers of insurance that are at play in a situation like this. For one, the contracted Tradesmen should have their own covers, at the very least Public & Products Liability Insurance. Contract Works or Construction Insurance covers Material Damage and Public & Products Liability Insurance. Having proper Insurance protection may sound like a given but be sure to understand how extensive your cover actually is. Steadfast Group’s Broker Technical Manager, Michael White gives an example below:
“Imagine the builder is doing hot work such as welding,” White says. ”If that starts a fire and your business burns down, you may be in serious trouble if you and they don't have appropriate cover.’ Read more...
Getting bogged down in Insurance details takes away valuable time from your business. This is why you should hire an Insurance Broker! Call us on 1300 784 011 or visit https://www.vickersgroup.com.au/insurance for more details.
Want to know how to protect your business with the right insurance talk to the team at Peter Vickers Insurance Brokers on 1300 784 011
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