Third Party Liability insurance for a newbie self employed chap ?

[W.olly]

Why did i forget? Company i went with was GJW insurance they do marine insurance for yachts & also do boatyard insurance, everything from 3rd party upwards. Be aware that hot works ie burning off, gas torches, welding etc will shove you into a different league, GRP laminating will also make premiums rise.
The proposal form is well thick but most of it a guy like can just put "Not applicable".

Thats one thing i will get away with is the hot works part. If i get a lot of GRP work on i will have to add that to the policy, although it will only be small path repairs, still it will have to be notified to them.

I pay over 2 Grand a year for 5 million...roofing with a hot permit, goes up every year even though ive never claimed (thank god)

As above, no hot works thank god if thats what it does.

I did chuckle with a few calls, they went throught he term and questions etc etc for 10 mins and they knew i was working on boats.

Then they asked ` will i be doing any underpinning or structural work ` i joked with one who didnt click on when i said ` i wont be fitting oil rigs just inshore boats`

 

[roofman]

Thats one thing i will get away with is the hot works part. If i get a lot of GRP work on i will have to add that to the policy, although it will only be small path repairs, still it will have to be notified to them.



As above, no hot works thank god if thats what it does.

I did chuckle with a few calls, they went throught he term and questions etc etc for 10 mins and they knew i was working on boats.

Then they asked ` will i be doing any underpinning or structural work ` i joked with one who didnt click on when i said ` i wont be fitting oil rigs just inshore boats`

Sorry mate i forgot to say mine includes employees liability too which sky rockets the price so you should be much much less than the money ive qouted

 

[W.olly]

Sorry mate i forgot to say mine includes employees liability too which sky rockets the price so you should be much much less than the money ive qouted

bloody hope so or i will go bust before i start lol. Just sole trader on my tod , i have been told it will be as low as £150, if so i will be mighty happy with that if it is

we will see.

 

[roofman]

bloody hope so or i will go bust before i start lol. Just sole trader on my tod , i have been told it will be as low as £150, if so i will be mighty happy with that if it is

we will see.

yea when you have public liability it helps you sleep better Goodluck in your new venture