As a specialist in the scaffolding industry you have a duty of care, both to clients and the public, to act with appropriate care, diligence and expertise. Failure to assess and minimise risk can result in prosecution under the Health and Safety at Work act as well as costly Public Liability claims under your Scaffolders Insurance policy.
Articles in Category: Construction
When you are insuring your business the different types of cover and policies can be confusing. As such, it is important to take the time to understand some of the key fundamental options, together with the potential exposures which they protect.
One of the most frequent questions we are asked is the difference between Public Liability Insurance and Professional Indemnity and which is the most important.
Any job which involves specialist height work carries increased risk of injury, be it to a member of the public (Public Liability Insurance) or an Employee (Employers Liability Insurance). The price of scaffolding insurance can be a significant cost to your business and it is important to manage risk effectively to reduce your claims exposure and in turn your premium.
The say that you can never have too much of a good thing and a strange as that sounds it probably also applies to a businesses liability insurance.
We are often asked “How Much Public Liability Insurance Do I Need?” and that is not an easy question to answer, as in reality it depends directly on the maximum amount which you could ever be liable for should you be unfortunate enough to suffer a loss.
As we don’t have a crystal ball the exact level of a future claim is impossible to predict, but what we can do is examine some of the key factors which influence claims exposure.
It’s important to remember that, as a lead Contractor, you also have a duty and responsibility for the safety of any sub-contractor which you may employ as well as their capability to carry out the required work. In the example below, the contracting firm fell down on both counts and ended up with a court appearance as well as a costly Employers Liability Insurance claim.
Arranging both your Public and Employers Liability Insurance can prove much more difficult if you work at height despite ever increasing regulation. Whether it’s a one-off contract or a key component of your business, understand both your regulatory and insurance requirements is critical to your business.