Insurance for a tree business ??

[abigail.waddecar]

If anyone has some time?

 

Uni Project...

1. What insurance is necassary for a tree and gardening services and what are the best companies to approch?

 

Many Thanks

Abbie x

[Paul Smith]

Public and employers liability. If your giving out advice for a fee Professional indemnity as well. You can approach whoever you like but there is a huge difference in price and service!

[treequip]

This has been covered on here in depth, have you tried the search function?

 

The only insurance you “need” is Employers Liability Compulsory Insurance (ELCI) The operative word being “compulsory” because it is require by statute law. It’s against the law to trade without it if you have employees or a business partner, anyone who helps you out counts as an employee even if they don’t get paid.

 

Other policies you should consider are

Public liability, it’s not compulsory but if it goes wrong you could find yourself selling your possessions to cover your bills.

 

Professional indemnity will cover you for any advice given. Worth remembering that you can be sued for any advice you give even if you don’t receive a fee.

 

Personal accident cover will provide an income if you are unable to work, useful for sole traders.

 

Theft, get a like for like policy and agreed value on large plant, remember that the scrotes screw you over then the insurance underwriter will have a mind to do it again.

[easy-lift guy]

Abbie, like treequip suggested, except here in the states we have an umbrella policy that can cover all types of insurance at once. Usually cheaper under this format as well.

easy-lift guy.

[treequip]

Abbie, like treequip suggested, except here in the states we have an umbrella policy that can cover all types of insurance at once. Usually cheaper under this format as well.

easy-lift guy.

 

Insurance, cheaper????

 

I am afraid some of us still remember the “blip” in the UK insurance market where we were down to one underwriter for a little while and the insurers used the opportunity to hike the premiums by a couple of hundred per cent.

[easy-lift guy]

Sorry to hear that, guess I was not around for that caper.

easy-lift guy

[AA Teccie (Paul)]

Insurance, cheaper????

 

I am afraid some of us still remember the “blip” in the UK insurance market where we were down to one underwriter for a little while and the insurers used the opportunity to hike the premiums by a couple of hundred per cent.

 

Hi 'Treequip',

 

Thanks for the previous, very succinct and accurate, picture of insurance requirements, very useful!

 

Just on your last point above, the 'AA' were very active at that time speaking with insurance provider(s?) to miantain cover for the industry during those difficult times. Thankfully these days there are plenty to choose from.

 

I only mention this as often, quitely rightly so, many ask 'what?' the AA does for the industry and this is something we were very active with.

 

Remember the 'bigger' the membership (starting at just above 50-quid) the 'BIGGER' the voice.

 

Cheers fer the post.

Paul