Why choose Hiscox for insurance for your alarm installer business?
Someone is injured after an accident
As you’re installing a new security system in a large office complex, a ceiling tile falls and lands on an office worker. They’re sent to the hospital to check for concussion and ultimately, must take sick leave and recuperate for a few days.
The employee takes action against you. Public liability insurance can help to cover compensation and legal fees.
Your apprentice falls from a ladder
An apprentice is taking part in a system installation and is fitting an alarm to the outside of a customer’s home. The uneven surface results in a slip and they fall from the ladder and sprain their ankle.
Your apprentice decides to take legal action. Employers’ liability insurance could cover the costs of legal fees and any potential compensation.
Your tools are missing or damaged
As an alarm installer, you work with tools day in, day out. When you return to a job after taking a lunch break you realise your tools aren’t where you left them. Whether they’ve been stolen, or you’ve misplaced them, you’re stuck.
Taking out property away and in transit insurance in the previous months may help you to come unstuck. This insurance, also known as tool insurance, could cover missing or damaged tools on a job, so you can rest assured you’ll be back to work soon.
Contents insurance may also step in, should tools be stolen from your business premises. Meanwhile, equipment breakdown cover can deal with sudden mechanical failures.
What insurance is available for alarm installers?
Wondering what might be the best package of cover for your alarm installer business? Our team can help you to build a tailored quote.Build my cover
Insurance for alarm installers: FAQs
Is any insurance required by law for an alarm installer’s business?
If you’re an alarm installer, the law doesn’t automatically require you to have insurance to operate. However, if you have employees, you will be legally required to purchase employers’ liability insurance in most cases. Similarly, certain contracts may require you to have some form of insurance, typically public liability.
How much can I insure my alarm installation business for?
It depends on which insurance product you’ve taken out. At Hiscox, you can get up to £5m cover with our public liability insurance for claims where a member of the public has suffered an injury or their property sustained damage through your business activities.
Is legal protection cover for alarm installers?
Legal protection cover can help you to cover the costs of any legal disputes that arise in relation to your business, so if you’re running an alarm installer business that could be relevant to you. It helps to cover solicitor fees, court costs and expenses. So, if you got into a legal dispute over claims you had damaged a client’s property, for example, it could prove useful.