As a kitchen fitter, the new year often attracts customers eager to start renovations and home improvement projects. With the increased demand, preparing your business to handle this busy period smoothly and securely is crucial. With the right preparation, you can tackle the coming period and ensure your business thrives. Insurance is a surefire way to ensure that you and your business are protected in the coming months. From public liability insurance to the right tools and equipment coverage, we’ve put together our key tips for your Kitchen Fitters Insurance policy.
Review Your Public Liability Insurance
Public Liability Insurance for Kitchen Fitters is a must-have, protecting you against claims for accidental injury or property damage caused to third parties during your work. With more projects in the pipeline, your exposure to potential claims may increase. Whether a client trips over your equipment, or you damage their property while conducting your work, claims made against you have the potential to be devastating financially, which is where your public liability insurance will come into play.
Now is a good time to review your coverage limits to ensure they’re sufficient for the scale of your work. You should take care to ensure that you have the right level of cover for the size and scale of your business, as well as the nature of your operations.
Consider Tools and Equipment Coverage
Your tools are essential to your business and replacing them can be costly and time-consuming. If you haven’t already, look into coverage for your tools and equipment. When travelling from property to property and working in homes that might be more like construction sites, your tools and equipment are at risk of being damaged, lost or stolen.
Tools insurance can cover repair or replacement costs if something happens to your tools while you’re working. Given the new year rush, the last thing you want is to experience a disruption in your work due to missing equipment. It’s important to make sure your coverage extends to both on-site and off-site storage, as well as transit between locations. This could mean taking out goods in transit cover.
Evaluate Employer’s Liability Insurance (If Applicable)
If you employ a team or subcontractors, Employer’s Liability Insurance is legally required. This coverage protects you if an employee gets injured or becomes ill as a result of their work. With potentially higher workloads and new hires for the new year, ensuring you have adequate Employer’s Liability coverage will keep your team protected and help you meet legal obligations. Take care to ensure all team members, including temporary staff, are covered under your policy.
Plan for Business Interruption
Business Interruption Insurance can help cover lost income if your business is unable to operate due to unexpected events like fire, flood, or even a break-in. With the increased demand in the new year, any delay can be costly in terms of lost revenue and dissatisfied clients. Having a Business Interruption policy in place ensures that you’re financially supported while getting back on track.
Update Your Risk Assessment and Safety Protocols
An up-to-date risk assessment and safety protocol can go a long way in preventing accidents and claims. Many insurance companies may recommend having a risk assessment and safety protocol before they will provide full coverage, but it is also a must-have regardless. With a comprehensive risk assessment, you can determine the potential downfalls or shortcomings of your business and make changes to ensure that they are managed and prevented.
Assess potential risks in your work environment, particularly as you prepare for a busy period. Updating your safety measures not only reduces risk but also reinforces your claim of maintaining a safe work environment if any disputes arise.
Partner with an Experienced Company
Having a trusted broker who understands the needs of kitchen fitters is invaluable, especially during a busy season. Our team are experts in their field, utilising years of experience and an ever-growing knowledge of the changing insurance market to help you find the best policies and premiums for your business. We can guide you through the renewal process, help you find tailored coverage, and make recommendations based on the demands of your business, including the size, scalability and nature of your work.
Preparing for the new year rush requires more than just planning your schedule and ordering materials – it means making sure your business is protected. By taking the time to review and update your insurance coverage, you can focus on delivering quality work to your clients without worrying about the potential financial impact of unexpected issues.
Contact Ashburnham Insurance on 0800 1696137 to ensure you’re fully covered and ready to tackle the year ahead with confidence.