Public liability insurance? Do I need it?

[John Matrix]

Hello lads. I’m just wondering if I need Public liability insurance if I’m subbing to companies or working for agencies? I’m getting some stupid quotes. Don’t really know what I need to include.

thanks

 

[Zerax]

I literally just renewed mine earlier today - £208 for £5m, ELI, PI and £5k tools...... there's deals to be had - learn to haggle!

Who was that with ?

 

[ElectricAvenue]

I literally just renewed mine earlier today - £208 for £5m, ELI, PI and £5k tools...... there's deals to be had - learn to haggle!

Hi

Can I please ask who you used? I'm looking for cover at the moment x

 

[stevethesparks]

Trade Point Insurance Services
Public & products liability £5,000,000
Professional Indemnity £100,000 Aggregate inc costs & expenses
Wiring certification £100,000
Personal Tools £1000
£27.37 per month

 

[ElectricAvenue]

What company did you use for your insurance? The cheapest I can get is £27.32 per month... Is that about right do you think? x

 

[LukeD]

10 million cover against 5 million was only another £30 with Hiscoxs . I have used them for years .can be bothered to see if i can get a better deal .They have been around and if anything went wrong .I want them to be dealing with it .Not some rubbish company that will run away in the middle of the night etc

 

[Teddy Lop]

Mine was £333 through the nic for 5m PL plus 300k PI and 5k tools.

Interesting how the indemnity element used to be 100k as standard which I always felt in my guts was too low given some of the atrocious workmanship you have to tackle on a daily basis, but I had to fight them to increase it, but now that all the slum-lords have been forced to get inspected they've jumped it to 300k!

Everthings jumped in price recently in my experience, but as the saying goes its cheap compared to the cost of not having it..

 

[Risteard]

Mine really jumped this year. For £5m/€6.5m public liability and £250k (or Euro equivalent) professional indemnity and with legal expenses cover was around £1,200 this year. This includes the RECI Extension which includes the territorial extension for the south of Ireland plus specific indemnities to RECI, the ESB and the CRU and all of RECI's other requirements (e.g. no height limits on policy). But most insurers won't even quote for this.

 

[TroyatRhino]

Hi guys, it's Troy here from Rhino Trade Insurance - Happy to offer preferencial rates on your Liability & Business Insurance. Feel free to email me directly on [email protected] and I'll do everything I can to beat your renewal quotes.

 

[i=p/u]

Depends how you awnser questions, single phase, 3phase, fire alarms, giving out advice, many years you been a spark, crazy when they talk you through it in 3 mins...

300 for 6.5 million plus 100,000 indemnity. North and south ireland.

 

[banny07]

Mines around £200 for £10 million + £300k indemnity.

who with? if you don't mind.

 

[Risteard]

who with? if you don't mind.

That was with NICEIC Insurance Services. However now I'm insured through Camberford Law - around £1,200 for £5m/€6.5m with Legal Cover and Indemnity also.

 

[diamon]

Hello lads. I’m just wondering if I need Public liability insurance if I’m subbing to companies or working for agencies? I’m getting some stupid quotes. Don’t really know what I need to include.

thanks

Which policy you have bought then? i am also looking for some insurance recommendation, few people recommended me to get general liability insurance, so I am confused right now

 

[LukeD]

HISCOX has always been the best for me

 

[banny07]

I just paid `74 for 200k. PL. to simply business insurance, paid 89 for 250k personal indemnity to octopus.

 

[Dustydazzler]

Thought the cps domestic scams req £2 million PL ?