Legal Liability Insurance
Fast and flexible coverage options including tradies Public Liability Insurance and Products Liability Insurance.
Protection for Damage caused by your Products
What is Legal Liability Insurance?
Legal Liability Insurance is an insurance package designed for Australian tradies and it includes both Public Liability Insurance and Products Liability Insurance.
Protection from Events at Work
Tradies Public Liability Insurance
Public liability insurance is like a safety net for your business. It covers you if a client or even a passerby claims they were injured or their property was damaged because of your work. For tradies, this can mean anything from someone tripping over your tools to accidental damage while you're on a job site. It’s designed to protect your livelihood by covering the legal and compensation costs, so one mishap doesn’t leave you out of pocket - or out of business.
Protection for Damage caused by your Products
Tradies Product Liability Insurance
Products liability insurance covers you if someone claims they were injured or their property was damaged because of a product you’ve sold, supplied, or installed. This includes anything you’ve installed or provided that’s no longer in your physical possession or control. For tradies, this could apply to installed fixtures, equipment, or even advice given with the product. ThisThe policy provides protection by covering legal and compensation costs if these products lead to a claim. Be sure to refer to the policy wording for full details on what’s covered, including any exclusions or conditions.
Common Questions
We've answered the common questions we get from Aussie tradies.
How much cover do I need?
The amount of public and products liability insurance a tradie business might need ultimately comes down to the risks it faces. Risks can be evaluated by two factors: their likelihood and their severity. A smart tradie will consider whether the risks that they face are high likelihood, or high severity (hopefully not both), and choose the amount of legal liability accordingly.
It’s important to balance the cost of insurance with the potential financial impact of a claim, ensuring you’re neither underprotected, nor overinsured. Paying $200 a month for insurance on a risk that could cost you $100 makes as little sense as not getting insurance to manage a high risk that could cost you thousands, if not millions.
How much does it cost?
The cost of any tradie business's public liability insurance and products liability insurance depends on a few factors:
The risks your occupation faces
A plumber working with gas has different risks at work to a carpenter. Some of these are considered more likely and more severe than others, and due to increased risks, the plumber who works with gas will typically pay more than a carpenter for tradies insurance.
Tradies with more than one occupation
If you work across the definitions of more than one occupation, e.g. a handyman who does some landscaping work, your policy price will be calculated based upon only the occupation with a higher risks - don't worry, you won't be paying for double policies.
The number of employees
The number of employees in the business will also dictate the price of a tradies public liability insurance. Obviously, the more people working, the more that can go wrong (especially with apprentices😅). The more that can go wrong, the higher the cost of covering things going wrong will be.
The amount of coverage
If you choose $5 million of public and products liability insurance rather than $10 million, of course you are going to pay less. However you are not going to pay half, that's not quite how it works either.
Want to find out how much you would pay?
We can give you an exact number in under 5 minutes.
*all data is based upon a sample of VIZ Insurance customers over the last three years