Carpenter / Cabinet Maker

Frequently Asked Questions

How is the cost of my insurance calculated, and can I do anything to reduce it?

The cost of your insurance is typically based on various factors, including the size of your business, the types of professional services you offer, your previous claims history, and your annual turnover. To reduce your premiums, consider implementing stringent safety protocols, conducting regular risk assessments, and maintaining a clean claims record. We also recommend discussing risk management strategies with us, as these can often help lower the cost of your coverage.

Are subcontractors covered under my carpentry business insurance, or do they need their own policy?

Subcontractors generally need to have their own insurance policies. However, it’s crucial to ensure that your policy includes clauses that cover the interactions and the contractual liabilities with subcontractors. We advise you to clearly understand beforehand the insurance responsibilities within any contracts you enter with subcontractors to ensure all potential risks are appropriately managed.

What should I do if I need to make a claim?

If you need to make a claim, contact us immediately. Provide a detailed account of the incident and gather all relevant documentation, such as photos, purchase receipts, or a police report in case of theft or vandalism. Our claims process is designed to be straightforward and efficient, ensuring that we handle your claim with the urgency and attention it requires.

Can my insurance cover both my workshop and on-site projects?

Yes, we offer comprehensive policies that can cover both your fixed business premises and the sites where you work. This ensures that you have continuous coverage whether you’re working at your main location or on a client’s site, to protect your tools, materials, and ongoing projects wherever they are.

What is covered under 'accidental damage' in tools insurance, and how is it different from 'wear and tear'?

‘Accidental damage’ refers to sudden and unforeseen physical damage to your tools or equipment, which can happen due to incidents like dropping a tool or equipment failure. In contrast, ‘wear and tear’ involves gradual deterioration from regular use and is generally not covered under tools insurance. It’s important to maintain your equipment regularly to avoid claims being denied due to wear and tear.