Indemnity insurance...

[sythai]

Just another one....

Seem to be carrying out quite a lot of PIR's lately and have read before that it advisable to have indemnity insurance for this ?

Any thoughts/advice/prices please ?

Surley though if I test/date/certify a installation then it is only as good as when i tested it on that day.... wouldnt it be like if you'd just had your car MOT'd drove down the road and it blew up, you couldnt go back to the garage and sue them...?

Many Thanks,

Sy

 

[telectrix]

up to a point. however, if you were to do a PIR and miss something which later caused injury or loss, indemnity insurance would cover you in case of court action.

 

[sythai]

Any idea on what sort of price I would be looking at for say £500,000 cover?

Might be worth getting some sorted I think, I do worry about these things. the last couple I done were on 400/500 year old thatched roof properties.

One of them with a very dodgy installation.

 

[telectrix]

you should be able to get it tacked on to your public liability. if not try the meerkats

 

[sythai]

It's up for renewal soon, so I'll see what deal I can squeeze out of them

 

[telectrix]

should get both for under £200 with £1000 cover on tools thrown in.

 

[sythai]

Would be happy with that.... think my liability and tools is about £90 with Zurich

 

[Liamsparks]

Been looking for myself tonight, heres two good sites.
Trade Direct - The Tradesmen and Construction insurance specialists
https://www.simplybusiness.co.uk

Let me know what you find. Currently cheapest ive found is about £250 for 2M PL and 250k PI

 

[sythai]

Trade Direct.... thats who I've got my liability through, will keep you posted on what price I get

 

[ian1511]

jus ad quote from company through napit 2million liability and 500,000 indemity, £175 all in an you get some tools insurance aswell.best ive found so far.u will get number on there website

 

[sythai]

Thats sounds like a good price... wonder if they'll do the same rate for me registered with niceic

 

[MKS]

Simply are good, with great CS

 

[1shortcircuit]

Been looking for myself tonight, heres two good sites.
Trade Direct - The Tradesmen and Construction insurance specialists
https://www.simplybusiness.co.uk

Let me know what you find. Currently cheapest I've found is about £250 for 2M PL and 250k PI

Thanks for that, I was getting silly quotes just for liability insurance and now I am much happier with the quote that I just obtained using one of those links:clap:

 

[brucelee]

I need to get pli and was thinking tool insurance and if cheap enough woill get the indemnity also
Short circuit was it a good deal as i will contact them

 

[MKS]

Bruce, Simply Business are really good.. They are very competitive and do offer a number of added options.

 

[1shortcircuit]

I need to get pli and was thinking tool insurance and if cheap enough woill get the indemnity also
Short circuit was it a good deal as i will contact them

The quotes I was getting two weeks ago were averaging around £400 for some reason but this was using the likes of "Compare" etc.

Just received a quote for almost £80 with the free tool insurance offer too.

What a difference???

 

[brucelee]

HI MKS I will give it a try thanks
short circuit mate do you have the company details as i need to sort it out soon as possible or is it the simply business one also

 

[1shortcircuit]

HI MKS I will give it a try thanks
short circuit mate do you have the company details as i need to sort it out soon as possible or is it the simply business one also

I just followed the first link supplied and carried out an online quote to the end.

I have realised thought that I only put 1 million cover and schemes want 2 million so I'll have to do another one

 

[brucelee]

Cheers mate will give them both a go

how much indemnity insurance is ok 100k or 250k needed

 

[MKS]

I would go 250,000 as a minimum