Does my Public Liability Insurance meet VBA Requirements?
As a licensed plumber in Victoria, you are required to hold a public liability policy that covers all aspects of the work you perform. To receive or renew your annual VBA license this insurance must meet certain criteria.
Having serviced the plumbing industry for over 20 years, we know that your day is busy enough without having to worry about whether your insurance policy meets VBA standards or not.
To help, our brokers have worked with insurance provider, Chubb, to help offer plumbers’ public liability cover that ticks all the boxes. Making it easier for you to arrange or renew your license, and get back to the job, quick.
You can read the full requirements set out in the Ministerial Orders by the Victorian Government, here.
Public Liability Insurance for Plumbers
✔ Cover limit options for Public Liability start at $5 Million
✔ Cover limit for other liability starts at $250,000
✔ Cover for non-domestic and domestic plumbing work
✔ Cover for the cost of rectifying defective or incomplete plumbing work, as well as trade practices and public or completed work liabilities, for six years after the completion of any plumbing work.
✔ Cover for plumbing work over three storeys
✔ Error and Omission (Product) Cover up to $250,000
✔ Cover for Type B Gasfitting work
✔ Certificate of Currency includes your full name, the name of your insurer, your policy number and the period of time you are covered
If you are a Victorian plumber, we will also send your Certificate of Currency directly to the VBA to assist with finalisation of your plumbing license renewal.
Insurance options offered
Public Liability Insurance
If you accidentally injure a third party, such as a client, or damage their property (including items), you may be liable to compensate them for their loss or injury, and for the legal costs incurred. Public liability insurance provides financial cover for a business up to the limit of liability the insured has chosen.
Personal Accident Insurance
Personal accident insurance, also known as personal injury insurance, is designed to pay out compensation if a person suffers a serious injury or death as the result of an accident. It can cover against loss of income and based on the insurance policy purchased, can also provide financial cover for bills and other expenses.
Tools & Equipment Insurance
We all know the saying ‘A tradie is as good as his tools'. If your tools are damaged, lost or stolen it can be an expensive exercise to get them replaced. Make sure your tools and equipment are covered for replacement or repair if damage or loss occurs.
Looking for a specific Insurance cover?
Marsh offer a range of insurance solutions to help protect your plumbing business. From commercial vehicle insruance to cyber or business interruption cover, get in contact with the team today to arrange a quote.
I’ve got a policy with Marsh, how often should I be reviewing it?
The answer to this question is largely dependent on how frequently changes occur to your business. Whether it’s business growth, a change in the complexity of work, or expanding out your services, there are several changes that should trigger an insurance renewal or review. As a rule of thumb, we recommend reviewing your policy every year to ensure your business is covered appropriately for its risk exposures.
Looking for policy documents?
If you're an existing customer, click below to request your Certificate of Currency, Policy Wording or Tax Invoice or call the team at Marsh on 1300 300 511.Request Policy Documents
Marsh Advantage Insurance Pty Ltd (ABN 31 081 358 303, AFSL 238 369)(Marsh) arrange insurance and are not an insurer. When arranging Public Liability Insurance, Marsh act under binding authority on behalf of Pacific Underwriting Corporation Pty Ltd (ABN 77 091 225 535, AFSL 237 270), who act as agent of the insurer, Chubb Insurance Australia Limited (ABN 23 001 642 020 , AFSL 239 687). The other insurance solutions referred to on this website are underwritten by various insurers. When arranging insurance for you, Marsh will disclose to you the insurer and the basis upon which it acts. This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire the product, refer to the specific policy wordings available from Marsh. The Master Plumbers and Mechanical Services Association of Australia receives a financial benefit when an insurance policy is arranged by Marsh. LCPA No. 21/035.