Accidents can happen to even the best tradies, which is why concreters and other tradies working in the building sector need to consider Tradies Insurance cover (what we also like to call Trades Pack Insurance). Tradies Insurance helps ensure that concreters are covered for any third party personal injury and property damage they cause while carrying out their job and once their job is complete.
Concreters are responsible for the structural integrity of the homes they work on and often work on public pathways and roads. It means they are at heightened risk of causing serious injury or property damage if something goes wrong.
The risks facing concreters mean they can be exposed to large financial penalties if they are held liable for causing injury or damaging property. In a worst-case scenario, a successful claim against a concreting business can force it into insolvency. It’s why Tradies Insurance is one of the most important insurance covers a concreter can get.
HIA Insurance Services has designed an insurance policy that caters to the unique risks that concreters face while carrying out their job.
Trades Pack Insurance for concreters Insurance can provide protection against financial loss should a concreter be found legally responsible for causing personal injury to a third party. Personal injury could be caused by anything from a fall from a height through to the collapse of a wall or the dropping of a tool onto a passer-by.
Property damage can range from the minor through to significant structural failure of a floor or wall on an unsecured site.
Note that Trades Pack Insurance doesn’t include the cost of rectifying faulty work itself, but it does provide cover for the cost of the resulting damage.
We specialise in concreter’s insurance and can help you with the cover you need. The Tradies Insurance we can arrange for Concreters includes the following benefits:
Joe, a concreter by trade was contracted to resurface a customer’s concrete pathway leading directly to their front door. Once the job had been completed, Joe received a call saying a door-knocker slipped and fell on the resurfaced concrete as it was uneven, leading to significant back injuries. The third-party held Joe liable for the injury and as a result was legally required to pay $171,000 in compensation to the injured third-party. Without Tradies Insurance, an incident similar to this could lead to significant financial implications for your business.
*Subject to the policy terms, limits and exclusions
© 2021 HIA Insurance Services Pty Ltd (ABN 84 076 460 967) is an authorised representative (no.275925) of Aon Risk Services Australia Limited (ABN 17 000 434 720 AFSL 241141) (HIAIS).
The HIA Insurance Services Tradies Insurance (Trades Pack) policy is arranged by HIAIS under a binder agreement on behalf of the insurance issuer, QBE Insurance (Australia) Ltd, ABN 78 003 191 035, AFSL 239545. When acting under a binder we will be acting as agent of the insurer and not as your agent. Our binder arrangements with the insurer are such that we remain your agent in the handling of any claim. If you purchase this insurance through HIAIS, HIAIS will receive a commission that is a percentage of the premium. Further information can be found in HIAIS’ Financial Services Guide or provided upon request.