What insurance does a builder need?

The most important policy for a builder to carry is Public Liability.  This covers third party property damage and personal injury. 

Builders always come into contact with the public and are often on third party property, so Public Liability claims are frequent.

Tools are also important to insure for their full replacement value.  Without their tools, builders are unable to work so covering them (especially against theft) is vitally important.

Workers Compensation is a statutory requirement for builders who employ others.  Many construction companies will not allow builders on-site without adequate Public Liability and Workers Compensation insurance.

Finally, Contract Works is another policy that builders should consider.  It covers a building contract during the construction phase and can include all tools and materials on-site.

There's a lot to consider as a builder and Westralian Insurance can help!  Call us today on (08) 9302 1388 or visit www.westralianinsurance.com.au

Does my business need Workers Compensation insurance?

Workers Compensation is vitally important, first and foremost because it is a legal requirement in Australia.  It’s also very important because it provides protection for your company’s employees in the event of a work-related illness or injury.  If your business employs staff or contractors and pays them a wage, then Workers Compensation is mandatory.

If you've got questions, Westralian Insurance can help.  Call our fully qualified, friendly staff today on (08) 9302 1388, or visit www.westralianinsurance.com.au

Does my business need cyber insurance?

Cyber-related crime is one of the fastest growing areas of criminal activity in Australia, so it would be prudent for any business owner to consider Cyber Insurance. 

The costs that can be covered or mitigated by a Cyber Insurance Policy, include data recovery following a hack, extortion and ransom costs and lost funds due to a malware attack or social engineering scam. 

Every business is at risk, so it's worth speaking with an insurance broker about Cyber Insurance for your business.  Call (08) 9302 1388 or visit www.westralianinsurance.com.au