Contractors’ Insurance

If you’re a contractor, you’re probably used to working with lots of different people often, which means you could run into issues that could cause you a headache. For example: 

• A client claims your work causes damage
• A client sues you for professional negligence 
• A member of the public gets injured as a result of your work
• Your expensive tools or equipment get stolen
• You injure yourself on a job

Some clients may insist you have the appropriate insurance cover before starting a job, therefore, it’s essential to have sufficient insurance to help protect yourself while working.

Contactors’ is a broad term, but whatever your industry, you should consider insurance. As an example, we can help insure contractors in the following lines of work:

• Construction workers
• Tradesmen - (electricians, plumbers etc)
• Tile installers
• Floorers
• Landscapers
• HVAC
• Designers 
• Framers
• Ventilation services
• Masonries
• Media, marketing & creative contractors
• Interim consultants
• IT contractors
• Banking and finance consultants

Industry not listed? We should still be able to help. Start a quote online to get started.

Prices could start from £4.01 a day*

It’s difficult to give a solid figure for annual insurance for contractors, as it depends on the nature of your work. Costs depend on a number of factors including:

• Extent of cover - The more coverage you choose, the more expensive your package is likely to be.
• The nature of your work - The more risks you face day to day will play a part in how expensive your premiums are. For example, working from heights is riskier than sitting at a desk.
• Location  – Where you work is taken into consideration when working out the price of your premiums.
• Claims history - Whether or not you’ve had previous claims made against you or you have made previous claims may affect your future premiums.

_{*The price is for a contractor's combined policy  – 10% of customers who were sold with one of our panel providers paid £1459.41 or less annually (excluding any additional administration fees) between 01/01/25 & 31/12/2025. Equivalent to £121.62 a month or £4.01 a day (and excludes the extra costs for paying monthly). Your actual policy and price may vary depending on your business requirements.}

This depends on the conditions set out by your insurer, but it doesn’t always mean your policy would be voided, although you might not be paid should you make a claim. 

Insurers often set out conditions to prevent theft so you may be required to lock away your tools and equipment in a place deemed ‘safe’ and not leave them out in the open or in or in your van overnight. 

Always read your policy documents carefully to make sure you’re complying with the conditions. If you don’t and you make a claim, it might not be paid out. 

At Bionic, we champion UK business owners and want to help in every way we can. That’s why we use a team of knowledgeable insurance brokers who work with a panel of trusted insurers to help find you the right cover. 

Our UK-based team helps business owners daily to compare insurance quotes. Start a quote online to get started.