How you can get cheap Public Liability Insurance in Australia

We’re all looking for a way to make our budgets a little but more manageable and stretch that little bit further. And if you work as a tradesperson it’s important to have cash flowing through the business all year round. However, it’s not easy to maintain that cash flow when there are bills flying through the door. Luckily, there are ways to make sure your insurance stays cheap and you don’t get ripped off.

The benefits of monthly payments

Many tradespeople opt in for monthly payments in order to spread out the cost of the premium throughout the year. Paying it all at once can seem a little daunting. And if you work as a subcontractor, paying monthly is an attractive option as you don’t need to look at paying all of your premiums at once if you have a regular cycle of bills coming at the same time or when work dies down. Paying monthly won’t put as much pressure into your budget each time the bill comes around the payment is spread out throughout the year.

Monthly payments help with regulating cash flow throughout the year which is very important with small businesses. Annual payment can be great if you want to pay the lump sum and forget about it but you might not want to be caught out if all your bills are due at once and all of them are high amounts.

Another reason why many choose monthly payment options is the non-committal nature of the policy. If you pay for a year you need to be committed for a year. Some companies may charge you if you cancel earlier than one year in so be aware of any fine print before signing up to any payment plans.

Consider the options

If you want cheap Public Liability insurance its worth looking into policies that allow you to pay monthly and don’t charge more for it. Many insurers charge more for this so look for one which offers free monthly premiums to make it cheaper for you. It might not be worth switching if you will be paying more for it. Annual or twice-yearly payments can also be cheap option but as mentioned can impact your cash flow.

All Trades Cover in Australia offers monthly payment for your Public Liability Insurance premiums. This means we understand the specific needs of small businesses and we can help find an insurance package to suit your needs. We have found that spreading out your payments over the year is very helpful to businesses. To organise some cheap Public Liability Insurance for yourself, contact All Trades Cover today or fill in the online quote form.

AllTradescover is Australia's fastest growing trade insurance provider offering low cost tradesman liability insurance and public liability insurance packages. Request a quote today.