Why Concreters Need Insurance
Concreters should consider insurance suited to their work activities, assets and liability exposures. Consider the risks of injuring someone or yourself, damaging property and losing all the tools of your trade. You could be up for millions in damages if you’re not insured.
Insurance for concreters should match declared activities, limits and exclusions to your work.
Common Risks Faced by Concreters
- Negligence
- Equipment theft
- Injury to you, a member of the public or an employee, including a fatal injury.
- Wet or slippery floors that are a hazard for clients or building inspectors.
- Property damage on a construction site.
- Loss of cement etc through wastage or theft.
What Insurance Do Concreters Need?
Common covers for concreters may include public liability, tools and equipment, income protection, and personal accident and sickness insurance, depending on the business and policy terms. Businesses with employees generally need to check their workers compensation obligations under the law applying in their state or territory.
With Adroit at your side, you can focus more on growing your business and less on the risks and challenges that could be holding you back.
Public liability insurance may cover your legal liability for third-party personal injury or property damage connected with your business, subject to policy terms, limits and exclusions. Claims may involve property damage, personal injury or death, and costs can vary significantly depending on the circumstances.
Pouring concrete exposes you to injury and if you are self-employed or work as an independent subcontractor, you may not receive paid sick leave, while workers compensation eligibility depends on your work arrangements and the law in your state or territory. Income protection insurance may replace a percentage of your pre-tax income if you can’t work due to injury or ill-health.
Income cover varies by waiting period, benefit period and policy terms.
Without tools, you cannot work, so it is worth reviewing cover for your tools and equipment. Your risk adviser can also help assess whether separate commercial motor cover is needed for your vehicle, subject to the relevant policy terms.
Tool cover may respond to insured loss, subject to policy limits, conditions and exclusions.
Personal accident and sickness insurance may provide income benefits and, depending on the policy, capital benefits for permanent disability or death following a covered injury or illness.
Why Choose Adroit?
At Adroit, we are nimble enough to arrange insurance options for our concreter clients with truly personal service, and we are big enough to deliver strong outcomes for you. We have deep knowledge of the insurance needs of concreters and our teams are skilled, specialised and resourceful. We explain your cover in plain English and help you understand how it may respond in different situations.
As a concreter, you benefit from a risk adviser who understands the insurance exposures specific to your work.
Adroit can guide you through claims administration, help manage the paperwork and liaise with the insurer on your behalf.
Adroit advisers compare insurance options for concreters and explain limits and exclusions.
Request an Insurance Quote for a Concreter
The information provided here is general and should not be relied upon as professional advice. For tailored advice and custom insurance cover for yourself and your business, contact us at Adroit Insurance to discuss your circumstances and insurance for a concreters needs and ask for a quote today.
Insurance for concreters should be reviewed as your business changes.