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Articles

Should builders insure their tools?

Should builders insure their tools?

Tools theft is rife around the country at the moment and if it hasn’t happened to you yet you’ve probably at least heard of it happening to someone you know. We’re urging all tradies to take extra precautions when on site and to ensure your tools are securely locked away, ideally out of sight from the road at night.

Risk Management & Insurance Basics for Tradies

Risk Management & Insurance Basics for Tradies

Running any kind of business involves a certain degree of risk, and building trades are no exception. Indeed, tradies face additional responsibilities placed on them by the Building Act, such as disclosure requirements, mandatory contract terms and implied warranties....

A better way to manage retentions – with a retention bond

A better way to manage retentions – with a retention bond

From the 31st of March 2017 retention money withheld by a principal or contractor must be held “on trust” until being released to the subcontractor. Retention bonds offer many benefits for principals, contractors & subcontractors, including improved cashflow and no onerous “on trust” obligations.

Videos

Guides & Checklists

Simple Risk Management Checklist

Key Risk Checklist

Easy Guide to Contract Works Insurance

Defective Workmanship Cover Explained

Quick Insurance Review For Contractors

Tools Inventory