Builders Merchant Insurance

What Is Builders Merchant Insurance?

Builders Merchant Insurance is a tailored insurance package designed specifically for businesses that supply building materials, equipment, and supplies to the construction industry. As a builders merchant, your business faces unique risks daily, from theft and damage to stock, to liability issues concerning customers and employees. ABA Insurance offers a comprehensive solution to protect your business from these risks, ensuring you can focus on serving your customers with peace of mind.

Why Builders Merchants Need Specialised Insurance

Running a builders merchant involves significant investment in stock, tools, machinery, and your premises. It’s more than just a shop—it’s the lifeline for builders, contractors, and developers who depend on the availability of your products. Standard business insurance policies often fall short when it comes to protecting the diverse and complex risks associated with your trade. Here’s why specialised Builders Merchant Insurance is critical:

Stock Protection

Builders merchants typically hold large amounts of high-value stock, including timber, cement, and tools. This makes your business vulnerable to theft, fire, and accidental damage.

Public Liability

Builders merchants are frequented by contractors, DIY enthusiasts, and delivery drivers, increasing the risk of accidents. Public liability insurance covers you in the event of injury or property damage on your premises.

Employer’s Liability

You’re legally required to have employer’s liability insurance if you employ staff. It protects you against claims from employees who may be injured or fall ill due to their work.

Commercial Vehicle Insurance

Builders merchants often operate delivery vehicles. Whether you’re transporting materials to construction sites or delivering directly to customers, you’ll need the right level of commercial vehicle cover.

Business Interruption

If a fire, flood, or any other insured event forces your business to temporarily close, business interruption insurance will cover the loss of income, helping you keep afloat during tough times.

Common Challenges Builders Merchants Face When Choosing Insurance

As a builders merchant, you likely encounter a variety of challenges in finding the right insurance cover for your business. These common challenges include:

Time Consumption 

Managing different policies for various aspects of your business can be time-consuming, especially when dealing with multiple insurers.

How ABA Insurance Solves These Problems

At ABA Insurance, we understand the intricacies of the builders merchant industry and offer bespoke insurance packages designed to cover all aspects of your business. Here’s how we address common pain points:

Hassle-Free Management

ABA Insurance simplifies the process by providing a one-stop solution for all your business insurance needs. You won’t need to juggle multiple policies; everything is handled under one roof.

Key Components of Builders Merchant Insurance

Stock Insurance

Your stock is your livelihood. Whether it’s timber, tools, or cement, losing stock to theft or damage can be a huge financial burden. Our stock insurance ensures you’re compensated for any loss or damage, whether on-site or in transit.

Public and Product Liability

Public liability insurance is essential for protecting your business against claims from third parties who may suffer injury or property damage while on your premises. This could include anything from a customer slipping on a wet floor to a contractor being injured while lifting heavy materials. ABA Insurance also offers product liability cover, which protects you if the materials you supply cause damage or injury once in use.

Employer’s Liability

Employer’s liability insurance is a legal requirement if you have staff. It protects your business against claims from employees who suffer work-related injuries or illnesses. This cover ensures that your business complies with UK law, and you won’t face hefty fines or legal consequences.

Commercial Property Insurance

Your premises are vital to your operations, whether it’s a warehouse, retail shop, or storage yard. Commercial property insurance protects against damage from fire, theft, or natural disasters, ensuring that your buildings and contents are safe.

Business Interruption Insurance

In the unfortunate event that your business is forced to close due to an insured event, such as a flood or fire, business interruption insurance covers the loss of income during the downtime. This cover helps you continue to meet financial obligations, such as wages and rent, while your business gets back on its feet.

Commercial Vehicle Insurance

Whether you use vans, trucks, or HGVs to deliver supplies, having the right vehicle insurance is crucial. We offer flexible policies for fleets or single vehicles, ensuring that you’re covered in case of accidents, theft, or damage.

Protect Your Builders Merchant For A Better Tomorrow

At ABA Insurance, we pride ourselves on understanding the specific needs of builders merchants. Our experience in the insurance industry allows us to offer personalised, comprehensive policies that protect all aspects of your business. We take the time to get to know your operations, providing solutions that give you peace of mind, knowing that your livelihood is protected.

Why Choose ABA Insurance?

Tailored Coverage

We design policies around your specific business needs, so you only pay for the cover that’s relevant to you.

Expert Advice

Our team of specialists are always on hand to offer advice and guidance, ensuring you have the right level of protection.

Easy Claims Process

In the event of a claim, we provide full support, helping you get back to business as quickly as possible.

Cost-Effective Solutions

We offer competitive premiums and make sure you aren’t paying for cover you don’t need, saving you money in the long run.