As a carpenter you’ll often be in situations where your personal safety is at risk – it is therefore important you purchase carpenters insurance for you own protection. Even though your own safety and that of others around you will be one of your priorities, accidents can happen in the most unlikely circumstances. That’s why it’s crucial that you have the necessary financial support should something go wrong. Also, as injury to 3rd parties is one of the most common occurrences in any trade, you’ll need to know you’re covered with carpenters insurance should legal action be taken against you. For complete peace of mind in an increasingly litigious world, liability insurance covering you and your business is becoming a necessity.
As a carpenter you may be working on a client’s property or from your own workshop; in either case public liability insurance will provide you with the cover you need. Should you accidentally damage a client’s property, or should a client of yours come to your workshop and injure themselves, public liability insurance will cover you for any costs thereby incurred. Public liability insurance therefore comes as standard with most carpenters insurance packages.
If you own and run your own carpentry business it is a legal obligation for you to take out employer liability insurance. This provides financial support should any of your employees be injured on the premises of your business or the private property of a client. Compensating employees – whether they are full-time/part-time, trainees or sub-contractors - who have suffered injury or illness as a result of working for your business can be expensive: the sum you may be required to pay could be substantial and legal fees are not cheap. Making sure that employer liability cover is included as part of your carpenter’s insurance package is therefore very important in protecting your business and giving you reassurance.
You’ll have a range of extras to add on to your carpenter’s insurance policy should you wish, so you might like to consider adding insurance for your tools and means of transportation to the basic policy features of public and employer liability cover.