Whether you’re fitting simple locks or state-of-the-art security systems, there are risks associated with your work. From accidents and injuries to the theft of expensive equipment, a lot can go wrong. This means it’s vital that you have appropriate insurance in place to protect your business.
At Markel, we offer great value locksmith insurance that will help you to safeguard your finances and give you added peace of mind.
What is locksmith insurance?
Locksmith insurance is there to protect your business from a wide range of financial risks. It can include multiple types of cover, such as equipment insurance that will pay out if your tools are stolen, lost or damaged. Other important types of protection to be aware of include public liability cover and employers’ liability insurance.
Do I need locksmith insurance?
No matter how careful you are, things can go wrong when you’re working as a locksmith. And if they do, it’s important that you’re prepared. For example, what if you accidentally cause damage to a customer’s door jamb? Or perhaps a passer-by trips over your tool bag and injures themselves.
In situations like these, you might find yourself subject to costly legal claims. Could you afford to cover the legal fees and possible compensation costs out of your own pocket? Or what if the tools you rely on to do your job are stolen, lost or damaged? Would you be able to replace them if you didn’t have equipment insurance in place?
If your finances would come under significant pressure in scenarios like these, it’s essential that you have suitable locksmith insurance in place.
Also, if you hire employees to work for your business, you are legally required to take out employers’ liability insurance. Bear in mind that this applies even if your workers are temporary or part-time. You could face a fine of £2,500 for every day that you lack this type of locksmith liability insurance.
By making sure that you have the right cover in place, you can reduce the risks to your business and benefit from enhanced peace of mind.
Why choose Markel for locksmith insurance?
At Markel, we’re experts when it comes to locksmith insurance. Here are just some of the reasons to choose us for your cover.
✔ Get a quick quote
Fill in our online form to get a quote in as little as 90 seconds. It couldn’t be simpler.
✔ Affordable cover
We pride ourselves on offering excellent value for money. Also, our pricing is fully transparent, so you won’t be hit with fees you don’t expect.
✔ Great customer feedback
We put customer service at the heart of everything we do, and this is reflected in our high ratings on Feefo.com.
✔ 24/7 legal helpline
We offer a round-the-clock legal helpline run by experienced solicitors. So no matter the time of day or night, you can count on us for information and advice.
✔ 25 years of experience
We’ve been offering business insurance to self-employed professionals for over 25 years and are perfectly placed to give you the protection you need.
How much does locksmith insurance cost?
The amount you will pay for locksmith insurance depends on a number of factors, including the size of your business, the equipment you use and whether you employ people. Provided by our insurance partners at Caunce O’Hara, locksmith insurance starts from £71* a year.
For a clear idea of how much you can expect to pay, simply get a quote today.
*Price based on a locksmith requiring £1 million public liability insurance cover.
