Public Liability Insurance

[smudger]

I'm a new business and I'm struggling to find reasonablt priced insurance. Quotes that I've had exclude all hot work, which seems a bit pointless for a plumber. Either that or its around £500 pa. Does that sound about right?

 

[kay-jay]

direct line business. i pay £4.10 a week. which is about 200 quid a year, i can use a blowtorch unlike with some policies. tools cover is extra...

not the most comprehensive but its pretty cheap

KJ

 

[smudger]

The AXA one included hot work (not oxy) but no tools, £2m pl which is req by some approved contractor schemes, but thats approx £550 pa. Think I'll check out DL, sounds better. Thanks Kay-Jay (seems like many people don't have any pl insurance - madness!)

 

[kay-jay]

madness indeed!

i heard tell of a bloke who about 2 months ago accidentally clobbered a load bearing wall with a mini jcb the house damn near fell down apparently gonna cost him in the region of 100k to put right. guess what??? yep he had no pl insurance....he now has to sell his own house to raise the funds necessary. he's in his late 50's and has basically lost everything he has ever worked for.


KJ

 

[smudger]

I was talking to a plumber a couple of months ago, been in the trade for over 30 years and he has set fire to 3 houses! (He's actually a great plumber)

 

[MickBrown]

I have direct line, similar price to Kay-Jay, you can also pay monthly for no extra cost. The only thing about my policy is it says I am not covered for full central heating installs, not a problem at the moment as I am not a qualified heating engineer. However I hope to one day so the premium may go up.

 

[HoodedClaw]

I got mine with Insurantz.com for £168, paid monthly. residential only though but with torch.

 

[Henno82]

Im with Direct line too and pay 8.49 per month which covers blow torches and pl upto 2 million try them i find them quite reasonable

 

[WaterTight]

I've hear some won't cover you unless you turn out to have full nvq.

 

[Henno82]

Really? i'd never heard that before?