5 reasons a tradie needs an insurance broker

October 1, 2018
Builders Liability Insurance

Cut out the middle man. Sounds like a great idea, right?

You stand to save on costs, it should be simple, you can get it done quickly, ensure your particular needs are covered and control the security of your personal information.

Except that when it comes to insurance it doesn’t work like that. Here are 5 reasons imar reckons you might want to use an insurance broker – and they’re pretty similar to why you might think of going direct.

You’ll get the best cover for your money

Insurance contracts can be complicated and difficult to understand. If you buy insurance online, ie direct, basing your purchasing decisions on price alone, can you really be sure you’re covered for the risks you face? That’s where an insurance brokers comes in handy for a tradie. They understand builders’ insurance contracts. They can assess your individual risks, advise you on the type and level of business insurance cover you need and then shop around for the best prices available in the market.

You’ll get a package solution

Insurance brokers aim to create one-stop solutions, saving you having to cobble together policies to meet your needs, and providing a single renewal date. And in the event that you have to make a claim they will have already made sure you have recorded the required documentation to support it.

It streamlines the process

When you engage a brokerage a dedicated client manager will take ownership of your insurance needs and act on your behalf, saving you time, trouble and the risk of getting things wrong or missing something essential.

You’ll get bespoke service

While you get on with your business your broker will search the market for the most appropriate trades insurance cover for your situation and assets, using their assessment skills to make sure you are not underinsured. Then they will put together some options and talk you through the fine print, alerting you to exclusions and policy excesses.

You’ll stay on top of changes to your risk profile

When it comes time to renew your business insurance policy your client manager will conduct a re-broking check to find out if you have acquired or disposed of any assets, and reassess any significant factors affecting the value of your cover.


Get a quote now

Because imar is a trades insurance specialists, you can rely on us to provide you with the kind of cover that you need. Just talk to us. Give imar a call today on 1800 284 627 for an obligation-free discussion and quotation on your business insurance needs or fill in your details on our get a quote page.

This is a general overview of insurance issues. To the extent that any material in this document may be considered advice, it does not take into account your objectives, needs or financial situation. You should consider whether the advice is appropriate for you and review any relevant Product Disclosure Statement and policy wording before taking out an insurance policy.

Related articles

September 12, 2023
Safeguarding Landscapers, Lawn Mowers and Gardeners: The Benefits of Insurance
Maintaining beautiful landscapes and well-manicured lawns requires the skilful hands and dedicated efforts of landscapers and lawn mowers. Landscapers, Lawn…
Read more
July 24, 2023
Tradies Ultimate Guide To Public Liability Insurance
As a tradie, understanding the importance of public liability insurance is crucial to protect your business from potential loss. This…
Read more
July 10, 2023
Is Public Liability Insurance Worth It for Tradies?
There can often be lot of confusion over public liability insurance, and the protection and security it brings to your…
Read more