High risk trades – Roofing liability, scaffolding liability, welding liability, fabricators liability, skip hire liability.
Why are these trades high risk? Because people get injured and killed whilst doing these trades. These trades come with high risk injury rates therefore are more expensive to insure than your standard run of the mill trades.
– Scaffolders liability insurance
– Roofers liability insurance
– Steel erection liability insurance
– Welding contractors insurance
Think of the risks a scaffolder operating at 50 foot has. If he were to fall from that height, there is pretty much only one outcome! He drops some steel from that height and hits a pedestrian below, or it goes through a shop window or hits a car! again only one outcome, serious damage in one way or the other.
The same rule really applies to public liability for roofers, again they work at height , there is the same injury element and accidental damage element. But on a other level a roofer deals with a naked flame when fixing or laying a new roof. If the roof is still smouldering and the roofer has just left it and is not standing guard until all is settled then there is the risk of potential fire. On a big scale the roofer is working on a block of flats, he goes missing for 3 hrs comes back and then the whole premises is burnt to the floor.
Again same rule applies to welding insurance. Mig welding and Tig welding. An underwriters biggest turn off is insuring a risk where heat is involved due to the above. Boats need to be welded, just imagine the risk of insuring a welder who works upon 20 million pound yachts. It’s a huge risk, one mistake and the whole boat and 20 million in value goes up in smoke.
A lot of trades differ in that the jobs undertaken may be minimal risk, so at Goldcrest Insurance we always make sure that we take a full description of your work before we present your details to our underwriters, just to make sure we and they get a full understanding of what you do then they can give you the best quote based on the knowledge they have.
Covers provided by Goldcrest Insurance
* Employers’ liability (£10m)
* Professional indemnity
* Tools cover
* Contract works
* Plant cover
* Stock cover
* Business equipment
* Revenue protection
At Goldcrest insurance we are continuously quoting for these sort of high risk liability insurance risks. so we know where to get them insured and we know that we can obtain a competitive rate for the client. So for all high risk insurance please give us a call.
