Cabinet Makers: Insured Or Not?

Cabinet makers need insurance to protect themselves from financial losses in the event of accidents, property damage, or legal claims. Public liability insurance is essential for cabinet makers, as it covers injuries to third parties and damage to others' property caused by their work activities. Accidents are common in this line of work, given the use of tools and volatile materials. Cabinet makers may also require tool insurance, personal accident insurance, and business insurance packs to cover their equipment and premises.

Public liability insurance

Cabinet making is a high-liability profession, with accidents possible on-site. Cabinet makers work with tools and materials that can cause injury or property damage. For example, a client could trip over an extension cord for your tools and injure themselves, or you might accidentally spill chemicals and damage their carpet. Cabinet makers also work with volatile materials such as wood, sawdust, paint, solvents, shavings, chips, adhesives, and other chemicals, which increases the probability of an accident on-site.

• A client trips over your equipment and is injured.
• You accidentally damage a client's property while working.
• Your products cause harm to a third-party person or their property.
• You leave tools or materials in a doorway, someone injures themselves by tripping over them.

Personal accident insurance

Cabinet making is a high-liability profession that involves working with volatile materials and tools that can cause accidents and injuries. As such, cabinet makers should carry insurance to protect themselves and their business from financial loss in the event of property damage, injury to a third party, or injury to themselves.

When considering personal accident insurance, cabinet makers should pay attention to the specific details of the policy, including the coverage period, the percentage of income covered, and any optional extras such as sickness and capital benefits. By choosing the right insurance policy, cabinet makers can ensure that they are protected financially in the event of an accident and can focus on their recovery without worrying about their livelihood.

Tool insurance

Cabinet makers work with a large number of tools, which are essential to their work. Good tools can be expensive, and without insurance, the cost of replacing or repairing them in the event of theft, damage, or loss would have to be covered by the cabinet maker themselves. This could involve dipping into savings or borrowing money.

Optional tool cover can be added to a Tradies Insurance policy, which will cover the cost of repairing or replacing tools in the event of theft or attempted theft following forcible entry. Tools are covered even if they are stolen from a vehicle, as long as there is proof of forced entry, such as a broken window or damaged door locks.

Another type of insurance that includes tool cover is a Business Insurance Pack. This type of insurance combines multiple covers in a single policy, including Public Liability Insurance and Product Liability Insurance. Optional inclusions are General Property, Contents, Machinery, Plant and Stock, Glass, Money, Business Interruption, and Marine Cover.

Commercial vehicle insurance

Commercial auto insurance helps protect you and your employees on the road while using company-owned vehicles for business. It covers vehicle damage and driver injuries, as well as property damage and medical expenses resulting from accidents. It also covers injuries and damages caused by uninsured or underinsured motorists.

Commercial auto insurance is similar to a personal auto insurance policy but offers higher coverage limits to account for the increased protection that business vehicles require in the event of accidents. It typically covers liabilities, collisions, comprehensive, medical payments, and uninsured and underinsured motorists.

The cost of commercial auto insurance depends on various factors, including the type of vehicle, driving records of the employees, the location of the company, and the amount of liability coverage chosen.

Cabinet makers who drive their vehicles from site to site may need commercial motor insurance to protect themselves and their employees in the event of accidents or vehicle damage. It is important to note that tools and materials transported within the vehicle may not be covered under a commercial auto insurance policy and may require separate coverage.

Workers' compensation insurance

Cabinet makers work with tools and materials that can be dangerous to themselves and others. Cabinet makers can reduce their risk of financial loss by taking out insurance.

• Paying for employees' medical expenses if they are injured while performing their job duties.
• Covering the costs of first aid or emergency responder treatment for employees.
• Paying employees' lost wages if they need to take an extended period of time away from work due to injury, so they can continue to pay their bills and provide for their families.
• Providing ongoing disability payments if an employee is no longer able to perform their job duties due to injury.
• Offering vocational rehabilitation services to retrain injured employees for new fields of employment.
• Providing benefits to the surviving family members of an employee who dies due to a work-related accident, such as a lump-sum payment, payment of funeral expenses, or ongoing stipend payments.

Frequently asked questions