There are many insurance companies offering tradesman insurance packages, and many more brokers offering these policies.

How do you know which tradesman insurance is best?

There are a number of things to look for, and the best policy for one person may not be the best policy for the next person. But there are still a few common elements that you should look for:

Reputation – The first point has more to do with the insurance company rather than the actual policy. Large, reputable and well established insurers are generally more interested in protecting their reputations. The last thing a household-name insurance company wants is to have their name tarnished on Today Tonight or A Current Affairs.

The large and well established companies are also generally much more financially stable and can give you the reassurance of knowing that they will be there to pay you claim regardless of whether it’s a $2,000 claim for some tools or a $20 million liability claim.

Features – Although two tradesman insurance policies may have the same name, such as income protection for example, the actual policies may have significant differences that could have a major affect on your ability to make a claim. There is no point saving $10 a month on your insurance if it means you won’t be able to make a claim.

Premiums – Often in this world, whether it’s your tools, your ute or your tradesman insurance, the old saying “you get what you pay for” rings true. Often, but not always!

We certainly don’t recommend that you take out the cheapest policy available, but there’s no point paying for the most expensive policy when a mid-range policy may be right for your needs. Tradesman insurance premiums vary greatly from insurer to insurer, and the most expensive policy won’t always be the best.

So we can see that there are plenty of things to look for when choosing your tradesman insurance, but really we’ve barely scratched the surface here.

The best thing you can do when searching for the right insurance package is to find a broker who specialises in helping tradies with their insurance. Here at Tradesman Insurance we are THE specialists in Australia. It’s our name, and it’s what we do!

To find out how we can help you to find the right insurance package at the right price, simply complete our online insurance quote form or contact us for obligation free assistance.


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