Business insurance and public liability for sole traders made easy. Compare costs, insurers and get suitable
quotes for your requirements from our friendly team of brokers- wherever you are in Australia.*
Public liability insurance for sole traders can provide cover for claims against :
Sole Trader Personal Injury Insurance is cover that can provide a weekly benefit when you have an accident or are injured and can’t work for extended period.
This cover can provide up to 85%* of your weekly income for 52 or 104 weeks at the time of the injury.
In Australia, all sole traders need public liability insurance.
As a sole trader you need public liability insurance as it can protect you and your business against the financial risk of being liable for negligence.
If an accident happens as a result of your sole trader business activity you are responsible. Public liability insurance is needed to help cover damages and legal fees.
List of insurance covers needed as a sole trader:
List of risks insurance can cover for a sole trader:
Protection for the risk :
Where your business activities causes harm to others via public liability insurance
Where your business activities causes damages to others property via public liability insurance
Where your business products causes harm to others via product liability insurance (In Australia product liability is often bundled with public liability for sole traders)
Where injury that prevents you from working from an extended period via personal accident insurance of damage to your commercial premises and contents , including against fire, plate glass, theft, and stock via small business insurance pack of damage or loss to commercial vehicle , tools , and trailer via specific cover for these work assets of being used for advice that leads to a loss for a client , where you provide advice for a fee via professional indemnity insurance.
In Australia , sole traders, such as accountants , consultants , and IT contractors that provide advice for a fee need professional indemnity insurance.
As a sole trader that provides professional advice you need professional indemnity insurance as it can protect you and your business against legal costs and damages when one of your clients makes a claim for damages against you.
As self-employed sole traders do not qualify for Workers compensation insurance in Australia it is recommend that they cover themselves under an income protection or personal accident policy.
Workers compensation is compulsory if you have employees.
Public liability insurance cost snapshot for sole traders is below:
self employed office based sole traders,
eg. consultants and contractors
$5 million public liability insurance costs start from $480 annually or $40 per month for some office based self employed consultants
$5 million Public Liability Insurance costs for some lower risk self-employed tradies, such as some domestic painters, gardeners and domestic cleaners starts from around $550* or $50 per month.
* Important : the above is a guide only ; pricing may vary significantly from the above based on your size, clients, experience and self-employed business activities.
List of states and territories in Australia we can help the self-employed find the insurance cover they need :
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We are business insurance brokers
What does this mean to you ?
What that means is that we are YOUR representative, and our first responsibility is to YOU, unlike an insurance agent who represents the insurance company.
And in the event of a claim, we fight for YOU, which may mean a faster and more successful claim.
Important : We have no power to authorise claims. However, our experience and assistance can help you when you have a claim.