Glass work carries with it high risks, but despite your best efforts accidents do still happen. Insurance policies help limit any impact an incident might have on yourself, other parties affected and also financial wellbeing.
Public Liability Insurance is essential for tradesmen and can be secured through pay by the month premiums. Other policies available to them may include Professional Indemnity or Business Property Policies.
General Liability
Glaziers specialize in installing, repairing and replacing glass windows, doors, partitions and structures in residential and commercial premises. In addition, glaziers sell mirrors and other related glass products and offer installation services.
General liability insurance provides your business with financial security from legal claims brought against it and damage claims from clients and/or their properties, such as lawsuits. A stand-alone or integrated Business Owners Policy with general liability can cover these costs; its per-occurrence and aggregate limits determine how much coverage an insurer will provide per claim and over time respectively.
Professional firms generally require clients to have adequate GLI coverage before bidding on or closing contracts, meaning without PLI/GL insurance you could find it hard to land work. You can obtain quotes online for affordable policies as well as compare providers by their price, features and customer experience.
Professional Indemnity
Glaziers should consider professional indemnity insurance. It protects them against liability claims from clients dissatisfied with your work or advice, and damages caused by errors and omissions on your part. Aside from providing security to their business, professional indemnity policies also help build strong client relationships while meeting regulatory requirements.
Rhino Trade Insurance provides glaziers with an all-encompassing set of policies tailored to their specific needs and risks, including public and professional indemnity coverage as well as tools and equipment coverage with standard excess levels between PS1 million, PS2 million and PS5 million options available to choose from.
Claim: Simply inform your glaziers insurance provider of an incident, and they will send a claim form for completion. They will assess the matter and then decide the compensation amount due.
Public Liability
Glaziers specialize in installing, maintaining and repairing glass windows, doors and partitions in residential and commercial properties, as well as fitting, replacing or repairing mirrors. Most work for themselves while some contract out their services to construction companies or local councils.
Public Liability Insurance (PL) protects you against the risk of being sued for injuries or damage caused by your business activities, with coverage providing compensation to third parties who suffer loss or damage, along with covering legal costs and expenses if necessary.
As a required insurance, clients require you to have professional liability (PL) before engaging your services and certain associations won’t allow membership unless there is minimum cover in place. Therefore, it’s wise to investigate whether PL is appropriate for your glazier business and consider getting quotes either online or offline for the premium that best meets your business. There are insurers offering specific industry policies while others specialize in covering small businesses with multiple policies for different industries – they can assist you in understanding all available policies so you can choose one tailored towards meeting your business needs!
Business Owners Policy
A Business Owners Policy (BOP) provides small businesses with affordable commercial coverage. Ideal for offices, retail shops and restaurants alike.
Liability protection within a BOP includes compensation for third-party claims of bodily injury, advertising injury or property damage that occur on your premises. Commercial property coverage provides insurance against such things as spoiled merchandise, computer equipment and mechanical breakdown.
Cost considerations when purchasing a BOP vary based on a few key criteria, including property value and type, location, age of business and claim history. Your premium will reflect these considerations as they determine its price tag.
Although a business owners policy can help provide some protection, it does not cover every risk your small business faces. To find the appropriate coverage for your needs, it is advisable to speak to an independent insurance agent in your area and explore your options together.