Q: Do I need public liability insurance?

You should always consider public liability insurance , although it is not a legal requirement. It covers you if something you or an employee does causes damage to a third party’s property or injures them. Larger clients may require you to have public liability insurance as a term of your contract with them.

Q: Are there any other types of insurance I need?

You may also need professional indemnity insurance . It protects you if you give any professional advice about things like materials or specifications. If that advice turns out to be negligent and causes financial damage, the policy will cover the court-ordered costs. You should also consider getting insurance for your tools . If they are lost or stolen, you need to be able to replace them as quickly as possible. There may be other types of insurance you want or need, such as personal accident cover. It’s worth speaking to your insurance company about this if you’re unsure.

Q: How much cover do I need?

You are required to have at least £5 million of employers’ liability cover. For public liability cover, it is normal to have between £2 million and £10 million in cover. How much you need will depend on the nature of the projects you do and the level of risk associated with them. With professional indemnity insurance, you may need anything from between £50,000 and £500,000 of cover, depending on the nature of what you do. Insurance for your tools will depend on the value of your tools and the cost of replacing them. It’s common to have tools insurance of between £10,000 and £15,000 .

Question 1

How much does upholsterer insurance cost?

Accepted Answer

If you work as an upholsterer, it’s essential you have the right insurance. But while you’ll want to make sure you have sufficient cover, you don’t want to pay too much – especially when you have other overheads to manage.

Question 2

What upholsterer insurance do I need?

Accepted Answer

First, if you employ anyone, you are legally required to have employers’ liability insurance. It protects you in the event an employee suffers an injury or illness as a result of working for you.

You will need employers’ liability insurance even if you only have one employee, or they are a part-timer, trainee, or work in a clerical position.

Question 3

Do I need public liability insurance?

Accepted Answer

You should always consider public liability insurance, although it is not a legal requirement. It covers you if something you or an employee does causes damage to a third party’s property or injures them.

Larger clients may require you to have public liability insurance as a term of your contract with them.

Question 4

Are there any other types of insurance I need?

Accepted Answer

You may also need professional indemnity insurance. It protects you if you give any professional advice about things like materials or specifications. If that advice turns out to be negligent and causes financial damage, the policy will cover the court-ordered costs.

You should also consider getting insurance for your tools. If they are lost or stolen, you need to be able to replace them as quickly as possible.

There may be other types of insurance you want or need, such as personal accident cover. It’s worth speaking to your insurance company about this if you’re unsure.

Question 5

How much cover do I need?

Accepted Answer

You are required to have at least £5 million of employers’ liability cover.

For public liability cover, it is normal to have between £2 million and £10 million in cover. How much you need will depend on the nature of the projects you do and the level of risk associated with them.

With professional indemnity insurance, you may need anything from between £50,000 and £500,000 of cover, depending on the nature of what you do.

Insurance for your tools will depend on the value of your tools and the cost of replacing them. It’s common to have tools insurance of between £10,000 and £15,000.

Question 6

How do you work out the cost of your upholsterer insurance?

Accepted Answer

Once you know what kind of insurance you need, and how much cover you require, the next thing to do is to apply for a quote.

The insurance company will need a variety of information, such as:

how the business is set up (limited company, partnership, or sole trader)
how many employees you have
where you work
whether you have made any previous claims
what sort of work you do.

When the insurer has this information, they can calculate your premium. It may be possible for the insurer to provide a single quote for a bundle of the different types of insurance you need.