Types of Insurance for Pool Builders
Pool builders and installers are exposed to a range of risks in their day-to-day activities. From glass breakage to damages incurred on the customer’s property during pool installations, it only makes sense for you to have a pool builders insurance cover that protects you in all these potential situations.
Pool builders, installers, and many other pool construction professionals need to take out insurance, but with so many different levels of cover to choose from, you might find it difficult to ascertain which level of protection is right for you.
Some of the main types of insurance for pool builders that are needed include
Builders Public Liability Insurance
This protects your business in situations where accidental damage occurs due to negligence or unforeseen circumstances.
Construction Contractual Liability
This ensures you’ll be protected regarding all the work you have signed in your contract.
This aims to protect the amount of potential income lost due to business interruptions – e.g. interruptions to water supplies.
However, your specific level of cover will depend on your unique circumstances and work as a pool builder or installer. For any questions or further information about what insurance you need as a pool building professional, we’re your risk advisers you can rely on.
Why Should You Protect Your Pool Installation Business?
Pool builders and installers are typically at risk in two different settings, within the business premises and when at the customer’s home. At your premises you have the obvious risk of damage to your building. We have also seen several claims involving damage to stock, particularly fiberglass pools stored outdoors which are susceptible to fire, storm, hail, or malicious damage from trespassers.
At the home of your customers, the installation process can become very technical, particularly when dealing with an existing property with limited access. We have seen claims for damaged fences and neighbouring properties while trying to gain access, roof damage while installing hot water solar systems, damage to underground facilities during the excavation process and leaking pools from faulty installation.
Your Adroit insurance risk advisers are who you can rely on keep your pool business above water even when the unexpected strikes
What is Unique to Adroit’s Offer?
Having a large portfolio of business across Australia means we can negotiate better coverage at discounted prices for our clients. Our policies are designed to cover you at your retail store, at your customer’s home and while travelling between the two. Our coverage can be tailored to include cover for various exposures such as damage to property and stock, pools while in transit, loss of revenue, public liability, product liability and faulty workmanship.
Adroit’s unique level of service ensures you’ll be getting tailored coverage for a pool builder and/or other construction professional. Many insurance companies have incentives to offer you higher levels of covers you may not need or will be beneficial in protecting you once disaster strikes. For an in-depth insurance comparison, come and talk to your trusted team of risk advisers at Adroit today.
How Can You Protect Yourself?
Speak to an Adroit Risk Adviser today, together we will develop the right insurance protection for your business. Businesses in the pool and spa industry require certain insurance policies for protection against common risks in day-to-day activities.
Whether you’re working on your client’s property, in transit, or at your own business premise, Adroit are your leading team of risk advisers you can trust for optimum protection and insurance coverage. Having worked with a range of Australian pool building and installation companies, we know what you’ll need and provide tailored policies for you.
To find out how Adroit can help get you protection for your pool installation business, get in touch with the leading team of risk advisers at Adroit today.