What covers can BJP provide for a locksmith?
As an Independent broker we have access to specialist locksmith insurance schemes so we can ensure your business is protected correctly with all of the key covers you are likely to need:
Public Liability insurance is invariably one of the most important covers that a locksmith will need. By the very nature of your work you are going to be on site at other peoples properties. Should a claim be made that you have caused injury to members of the public or damage to their property in the course of your work, public liability can protect you from the financial costs of defending the claim, as well as any pay out that is subsequently agreed, up to the policy indemnity limit .
Where you have people working for you – even as part time, casual or sub contractors, you need to have Employers Liability Insurance in place. It works in a similar way to Public Liability Insurance, but where a claim is brought by an employee.
Product Liability Insurance
You might supply everything from a simple new door through to a full security system. Where you supply a product that is subsequently alleged to have caused injury or damage, you may find yourself facing a claim. A product liability cover can protect you from costs in this situation.
Professional Indemnity for locksmiths
When asked to take on a new job, it’s likely that you’ll effectively design and recommend a lock or security system. Offering professional advice in this way is exactly what your customers will expect. But should something go wrong, you could face a claim that your professional advice was deficient in some way – or just plain wrong. Even where you are subsequently proven to be innocent, legal defence costs can escalate quickly, so its well worth having Professional Indemnity cover in place.