Dave Beard

Expertly compared by Dave Beard

Products Updated April 30, 2018

Business Insurance For Contractors

Working as a contractor will leave you open to risks when working with clients and on projects. To protect yourself you will need adequate business insurance. Cover from our experts can be arranged quickly across a wide range of insurance needs including professional indemnity, public and employers liability insurance.

Our insurance experts can compare the market to find you the best deal on business insurance. Get a free quote and advice today:

2 providers expertly compared:


Hiscox Business Insurance

Business Insurance

Business Type
Sole Traders, Partnerships & Limited Companies

Small business and commercial insurance

Rated 4.8/ 5

All credit types

Hiscox commercial business insurance provides a professional level of cover to protect every aspect of your business, from the premises to the people who work for you, and any legal matters that may arise from your day-to-day operations.

2 providers expertly compared:


AXA Business Insurance

Business Insurance

Business Type
Sole Traders, Partnerships & Limited Companies

Small business and commercial insurance

Rated 4.7/ 5

All credit types

AXA business insurance can cover you and your business for every eventuality. Apply online today and save an extra 10% on your quote instantly.

Read our customer and visitor reviews for this product:

Rating: 5 / 5 with 1 votes

Recieved quotes as promised.

by Clear Eye Wear Limited

Happy with the process and quotes. Simple to use and back up with a phone call. No pressure to buy, which was reassuring.


As a contractor you will be familiar with the requirements of having to work for yourself. This leaves you vulnerable as you are dealing with clients and their specific needs. You may be a building contractor, a plumbing contractor or even an engineering contractor whatever you do you need to protect your business.

Your customers will rely on you to use your knowledge, expertise and experience in order to work efficiently. However, this means that you are exposed to a number of risks that can lead to customers submitting claims against your business. These claims can be linked to bad workmanship, incorrect advice and negligence but fighting them can be extremely expensive. Paying compensation and defence costs regardless of the outcome of the claim could prove damaging for your business so you need to ensure you are protected.

Business insurance will become an important tool for your business because it will give you the cover you need to protect your business. You may have a vast amount of experience and you may never have had a claim submitted against you but remember that it is possible in the future. You could leave out a crucial piece of advice and stress of impending deadlines could cause you to drop your working standards. When you make a mistake you need to be sure that the protection is there for you because it can make a huge difference to your business and your future.

Business insurance can help your business to operate efficiently in the event that a claim is made against you. This protection is crucial to the success of your business.

By choosing to have professional indemnity insurance you will be making the right move to protecting yourself from possible claims. In your line of work your customer may rely on you to offer them advice that they rely on or you could carry out work that is of a poor standard. Both can result in customers obtaining injuries or experience financial losses. If you are a plumbing contractor the wrong advice could result in a catastrophic water leak or if you are an electrical contractor leaving live wires exposed could cause significant injury. Examples such as these could lead to customers making a claim against you.

Carrying out work on the property of a customer puts you at further risks that could lead to a claim and this is why public liability insurance is perfect for you. A customer could become injured by falling equipment if you happen to be working up a ladder or if you happen to damage the electrics in their property that requires further work they will look to recover any lost finances associated with damages and repairs. This is exactly why public liability insurance is a crucial tool for your business.

Business insurance comes with the following features:

  • All claims are fully covered
  • A full assessment is carried out on all claims
  • Your business will be fully protected
  • Costs associated with defending claims and compensation are included
  • The needs of your business are considered to understand the best cover
  • Costs associated with appearing in court are included
  • Regardless of budget cover is available

What Are the Benefits?

There are many benefits linked to this cover:

  • Industry regulations and legal expectations are met
  • Spend more time focussing on your business
  • Complete protection for your finances
  • Advice always available and representation should it be required
  • Re-assurance knowing that you are protected

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