Why do Plumbers need to consider it?
Like many trades, being a plumber comes with its fair share of risks. Plumbing is one of the best paid trades in Australia and for a good reason. Not only is plumbing a highly skilled occupation, but plumbers also face an unusually high level of risk on the job, which is reflected in the high average wage. These risks can include working at a height or in a confined space, carrying our repetitive movements, exposure to asbestos or mould, and exposure to hazardous waste and hazardous chemicals.
No matter how careful you and your employees are, accidents can and do happen. Fortunately, you can protect your plumbing business with the appropriate forms of cover for things like Public Liability* and Portable Equipment Insurance*. This can save you from financial strife or damage to your business’s reputation later down the track.
As a plumber, you should be aware that many contracts and association groups require you to hold Public Liability insurance. And any old Public Liability insurance may not be enough. Some clients and association groups may require you to hold a minimum level of coverage.