Trade Insurance for Australia Carpenters

Public Liability Insurance

Public Liability Insurance provides you with protection should you damage or destroy anyone else’s property or injure anyone though your work. This is an important policy to have. If there is any possibility that you could literally lose your house and other assets through your work; it’s by not having Public Liability cover.

The Importance of Power Tools And Its Insurance Today

Today, power tools are often credited as being the backbone of the building and trades industries: they are portable across various worksites, they can be charged when not in use and they come with interchangeable parts and accessories (to the point where you can have three tools in one). They are also becoming even more sleek and innovative in design to ensure flexibility and ease of use for tradies.

Common Insurance Mistakes in Home Construction Warranty Obligations

Most registered builders and property developers now know that they require Home Warranty Insurance basically for any work over $12,000. It is enforced by local government Council or Private Certifiers, and the general rule is that they won’t release authority of works before being presented with a Certificate for Home Warranty.

However if you are a Trade it is common to go unnoticed and uninsured for Home Warranty Insurance. SHC’s research shows that up to 90% of the Trades market does not insure this aspect and therefore is in breach of legislation. The legislation is housed under the State’s Home Building Act. The basic rule here is if you’re a Tradie operating under the principle contractor and the principle contractor has supplied the home owner (client) with a Home Warranty Certificate, you do not have to supply a the same insurance. However if you’re a Tradie and are dealing with the client directly, you have to supply a Certificate of Home Warranty Insurance for any work over $12,000. Similarly if you are dealing directly with an ‘Owner Builder’, you have to supply a Certificate of Home Warranty Insurance for any work over $12,000.