{"id":3764,"date":"2020-10-06T15:27:18","date_gmt":"2020-10-06T04:27:18","guid":{"rendered":"https:\/\/www.www.covertradie.com.au\/?p=3764"},"modified":"2020-10-06T15:27:21","modified_gmt":"2020-10-06T04:27:21","slug":"public-liability-insurance-cost-victoria","status":"publish","type":"post","link":"https:\/\/www.covertradie.com.au\/public-liability-insurance-cost-victoria\/","title":{"rendered":"Public Liability Insurance Cost Victoria"},"content":{"rendered":"\n

<\/span>The lack of good understanding of the Public Liability Insurance Cost in Victoria results in many Tradies paying too much for their insurance. <\/span><\/h2>\n\n\n\n

<\/span>CoverTradie research can help you get a better understanding of insurance pricing and make an informed choice.<\/span><\/h2>\n\n\n\n
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Let’s face it, who doesn’t want a good deal? Actually, getting a good deal is not a want, its a need. As a tradie business owner, this is how you make your business efficient and profitable.<\/p>\n\n\n\n

This profitability then allows you to spend money elsewhere in the economy which drives wider economic benefits. It’s a must and we get it. We want you to save money hence why we put together this short guide so that you can understand the Public Liability Insurance Cost in Vic better and avoid getting ripped off.<\/strong><\/p>\n\n\n\n

The table below shows the cost of Tradies Public Liability Insurance in Victoria based on the quotes we have observed from the major insurers without naming names.<\/p>\n\n\n\n

Category<\/span><\/td>Price<\/td><\/tr>
Cheapest<\/td>$521<\/span><\/td><\/tr>
Average<\/td>$1,811<\/span><\/td><\/tr>
Highest<\/td>$6,911<\/span><\/td><\/tr><\/tbody><\/table>
Source: CoverTradie Research on quotes observed for business with a turnover of $100,000 to $500,000. All prices are for $20 million public liability insurance.<\/figcaption><\/figure>\n\n\n\n

<\/span>It’s easy to see that there is a huge variation between the cheapest, average and the highest premiums we have observed.<\/span><\/h2>\n\n\n\n

There are a range of factors that result in such variation which we will cover below.<\/p>\n\n\n\n

<\/span>So what drives such a huge variation in the pricing?<\/span><\/h2>\n\n\n\n

There are a few factors some more specific to particular insurers but most commonly:<\/p>\n\n\n\n