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Glazier Insurance NZ
Your Go-To Glazier Insurance Experts.
Are you a glazier business owner in New Zealand? If so, you’ve landed on the right page. As specialist insurance brokers, Gerrards Insurance Brokers are here to help you find the right insurance cover for your unique glazier business. Feel free to contact us now to get a quote or continue reading to gain a deeper understanding of glazier insurance.
Why Do Glaziers Need Insurance?
Operating a glazier business comes with its unique set of risks. Whether you are replacing window panes or installing entire glass fronts, the potential for accidental property damage, injuries, or legal disputes is high. This is where glazier insurance steps in, acting as a financial safety net, protecting you from unforeseen costs and giving you peace of mind.
Glazier Insurance: Essential Coverages
Public Liability
This policy covers common business risks including bodily injuries, customer property damage, and advertising injuries. It’s required for most commercial leases.
Best For
- Business Accident Coverage
- Third-party Damages
- Legal Cost Protection
Statutory Liability
This cover is a type of protection that helps people or businesses cover costs if they accidentally break certain laws or regulations.
Best For
- Unintentional breaches protection
- Legal costs
- Fines and penalties
Business Vehicle Insurance
Protects vehicles used for work purposes. It covers accidents, damages, and injuries related to the vehicle while it’s being used for business and personal activities.
Best For
- Repair costs
- Third party damages
- Injuries
Loss of use
Coverage that helps when your vehicle is unusable due to an accident. It covers the cost of a temporary replacement vehicle, so you can still get around while your car is being repaired.
Best For
- Temporary vehicle
- Reimbursement expenses
- Accident downtime
Tool Insurance
Safeguards your tools against unexpected events, like burglary or accidental damage, ensuring you won’t have to bear the financial burden of replacing them.
Best For
- Burglary protection
- Accidental damage protection
- Anywhere in New Zealand cover
Cyber Insurance
Insurance that helps protect individuals and businesses from financial losses caused by cyber-related incidents, like data breaches and computer attacks.
Best For
- Ransomware attacks
- Phishing scams
- Cyber extortion
Glazier Insurance Claims Examples
Real-life examples can further illustrate the importance of comprehensive glazier insurance. Let’s consider the following scenarios:
Accidentally using different spec glass
A client might file a claim against you for using the wrong spec glass, leading to additional costs for rectification. In such a case, the defective workmanship extension of your public liability insurance could cover the claim, protecting your business from financial loss.
Door Left Unlocked
Suppose one of your employees forgets to lock a client’s door after a service, resulting in theft or damage. Public liability insurance could cover the resultant damage.
Painting damaged on way past
If you accidentally damage a customer’s property, like a precious painting while transporting glass panes, public liability insurance can cover the cost of restoration or replacement.
Car broken into and equipment stolen
In this unfortunate event, your plant/tools insurance and vehicle insurance could kick in, covering the cost of replacing stolen tools and repairing vehicle damage.
WorkSafe Investigation
If your business is under a WorkSafe investigation due to a breach of health and safety regulations, your statutory liability insurance could cover the defense costs.
Transferring Money into a Fraudulent Account
If your business falls victim to a phishing scam leading to financial loss, cyber insurance can cover the lost amount.
Glass Installation Error
Your team incorrectly installs a glass panel, and it shatters a week later. Your the defective workmanship extension of your public liability insurance could cover the cost of glass replacement and potential damage caused by the broken glass.
Vehicle Accident
If one of your company vehicles is involved in an accident, your business vehicle insurance would cover the repair costs, and potentially any third-party damages, depending on your policy.
What to Watch Out For with Glazier Insurance
Here are some aspects you need to consider when selecting a glazier insurance policy:
Inclusion of property being worked on or defective workmanship cover under your public liability policy
Without this, there’s no cover for anything you’re actively fixing or working on.
Policy limit
In light of recent claims in New Zealand, it’s crucial to have a high enough limit for your public liability cover. Consider a limit of $2,000,000 or more, even if you are solely working in the residential space.
Keys and locks cover
Ensure this is included in the public liability policy to cover the cost of replacing locks if keys are lost.
Theft cover
Make sure your tool insurance policy includes cover for open-air theft.
Coverage for fraudulent transactions
With increasing cyber threats such as scams, hacks, phishing, fraudulent invoices and more, you should seriously consider taking out Cyber Insurance.
Deductible
Ensure that you’re comfortable with the deductible in your policy as you will be responsible for this amount in the event of a claim.
Exclusions
Be aware of any exclusions in your policy. This will help you avoid nasty surprises when you need to make a claim.
How Much Does Glazier Insurance Cost?
The cost of glazier insurance can greatly vary, starting from as little as $300 a year for a small business seeking public liability cover to thousands for larger businesses with multiple vehicles and employees.
Key factors influencing cost include:
Business size and turnover
Location
Who is being covered?
Claims history
Level and types of cover required
For instance, a glazier business owner who wants comprehensive coverage, including public liability insurance, statutory liability insurance, business vehicle insurance, loss of use cover, plant/tools insurance, cyber insurance, and employment disputes insurance, will naturally pay more than an owner who only wants public liability cover.
What Happens When I Need to Claim on My Glazier Insurance?
When you need to make a claim on your glazier insurance, Gerrards Insurance Brokers will handle the claim on your behalf. With a team of claims experts at the ready, we’ll ensure the process is smooth and swift, helping you get back to business as soon as possible.
How to Purchase Glazier Insurance?
To purchase glazier insurance, contact us at Gerrards Insurance Brokers. We’ll provide you with the right coverage at the best possible price.
What Insurers Do We Use?
We work with reputable insurers, including Vero, NZI, QBE, Ando, AIG, TLC, UANZ, and many more.
Why Use a Broker for Glazier Insurance?
Choosing to use a broker for your glazier insurance can be an excellent decision. Not only can we provide expert advice tailored to your unique business needs, but we can also advocate for you in the event of a claim. Moreover, we can negotiate the best deals on your behalf, saving you time, money, and unnecessary stress.
In Conclusion
When it comes to insuring your glazier business, having a tailored, comprehensive insurance policy is crucial. At Gerrards Insurance Brokers, we understand the unique risks and challenges of the glazing industry. We’re committed to helping you find the right insurance solutions to protect your livelihood, assets, and reputation.
Don’t leave your business exposed to unnecessary risks. Contact us today for expert advice or a quote tailored to your glazier business needs.
