INSURANCE FOR WELDERS

Welders insurance typically includes public liability, professional indemnity, tools and equipment cover, commercial vehicle insurance, and workers’ compensation. It protects against claims related to injuries or damages caused by welding activities.

Public liability insurance is generally required for welders, especially if you are contracting to businesses or government entities. Other types of insurance are highly recommended but may not be legally mandatory.

The cost can vary based on the level of coverage, type of welding work, location, and risk factors associated with specific welding activities. Premiums are tailored to each business’s unique needs.

Factors include the scope of your welding operations, revenue, number of employees, previous claims history, and the specific risks your business faces.

Yes, common exclusions might include intentional damage, contractual liabilities, or claims arising from known faulty workmanship before the policy start. It’s crucial to read the policy details for specific exclusions.

Contact your broker immediately after an incident, provide detailed information and documentation about the claim, and follow their instructions for the claims process.

Typically, subcontractors need to have their own insurance. However, you can extend your policy to include subcontractors under certain conditions, depending on your insurer.

Yes, many insurers offer policies that cover both workshop activities and onsite work. Discuss your specific needs with your insurer to ensure comprehensive coverage.

Public liability insurance covers claims of physical injury or property damage caused by your welding activities, whereas professional indemnity insurance covers claims related to professional advice or services that lead to financial loss.

You can potentially reduce your premiums by maintaining a safe working environment, having a clean claims history, opting for higher deductibles, and bundling different types of insurance with the same provider.