How much does bricklayer insurance cost?

If you are a bricklayer looking at taking out insurance or renewing your cover, you will want to know what your bricklayer insurance is going to cost.

What is included in bricklayers’ insurance?

You will nearly always need to consider different types of cover, including:

• public liability insurance
• professional indemnity insurance
• employers’ liability insurance
• insurance for tools

Check any quote for insurance to see what it includes, so you know you are comparing like with like.

How much cover do I need?

This will depend on you, the type of work you do and the clients you work for. It will also affect how much you pay for your insurance.

You will normally need to consider:

• public liability insurance cover of between £1 million and £10 million.
• at least £5 million of employers’ liability insurance cover.
• cover starting at around £100,000 for professional indemnity insurance.
• cover for your tools, which typically starts at between £1,000 and £15,000.

Does it matter how my business is set up?

Insurance costs are often partially calculated according to the number of employees you have. If you are a sole trader and one-man band, then the cost of your insurance will be less than if you are a limited company or partnership with a handful of employees.

What else is considered when calculating my insurance premium?

Some other considerations for an insurer include:

• the nature and location of your business
• the type of clients you work for
• the type of work you do.

Some locations are seen as higher risk, as are some types of projects. For example, a single domestic project in a leafy suburb may be seen as lower risk than a highly complex, modern development.

Any previous claims you may have on record will also be taken into account.

So how much will my bricklayers’ insurance cost?

Your insurance will be calculated while considering the unique circumstances of your business. It is not possible to give an accurate quote without knowing more about you. However, insurance premiums can be less than you may expect.

For sole traders with no employees, prices may be as low as £65 a year. For small, limited companies with three employees, premiums can start at about £380 a year.

Remember: always check what is included in any quote you are offered.