Diamond Drilling Insurance
Get The Right Diamond Drilling Insurance For You
In the specialised field of diamond drilling, your business faces unique risks and challenges. The high value of equipment and the potential for costly mistakes make it essential to have the right insurance cover. ABA Insurance offers tailored diamond drilling insurance designed to protect your business, providing peace of mind and financial security.
What You Get
Liability
Fleet
Plant
Professional Indemnity
Legal
And more…
What is Diamond Drilling Insurance?
Diamond drilling insurance is a specialised policy that covers the specific risks associated with diamond drilling operations. This includes protection against damages, liabilities, and unexpected expenses related to drilling activities and equipment.
Why Your Diamond Drilling Business Needs Insurance
Public Liability Insurance
Public Liability Insurance protects your business against claims from third-party injuries or property damage that occur as a result of your concrete work. This coverage is essential for covering legal fees and compensation costs if a client or member of the public sues your business.
Employers’ Liability Insurance
Employers’ Liability Insurance is legally required if you have employees. This insurance covers claims from employees who suffer work-related injuries or illnesses, ensuring your business is protected against potential legal and compensation costs.
Tools and Equipment Insurance
Tools and Equipment Insurance covers the cost of replacing or repairing your tools and equipment if they are lost, stolen, or damaged. This coverage ensures that your essential tools are protected, allowing your projects to continue smoothly.
Contract Works Insurance
Contract Works Insurance covers physical loss or damage to ongoing concrete projects. This insurance includes protection for tools, materials, and equipment, ensuring your projects are safeguarded from unexpected setbacks.
Professional Indemnity Insurance
Professional Indemnity Insurance covers claims related to professional advice or services you provide. This insurance is crucial for protecting your business against errors or omissions that could lead to financial losses for your clients.
What Makes Us Different
We are specialists in the Construction Industry. We have the expertise and knowledge to get your business the most comprehensive and competitive insurance solution. We add value to your business by working closely with you, helping protect your business from financial loss, all while delivering a seamless easy experience.
Why Do Diamond Drilling Companies Need Insurance?
As a diamond drilling company, you are aware of the potential risks that drilling work can pose to both you and your clients. Diamond drilling insurance provides financial protection and peace of mind, ensuring your business is covered against unforeseen events.
Risk Mitigation
Protects your business from financial losses due to accidents, injuries, and property damage.
Legal Compliance
Ensures your business meets legal requirements for employers’ liability and other mandatory coverages.
Business Continuity
Provides financial protection to keep your business running smoothly, even in the face of unforeseen events.
The cost of your diamond drilling insurance policy depends on several factors, including:
Business Size: The annual turnover and number of employees in your company.
Level of Cover: The amount of coverage you need to protect your business adequately.
Location: Higher-risk areas may result in higher premiums.
Claims History: Previous insurance claims can affect the cost of your policy.
Type of Work: High-risk contracts or large-scale projects may increase premiums.
Optional Extras: Adding extra coverages not included in the standard policy will affect the cost.
Get Independent Advice
This specialist area of insurance benefits from expert advice. Our team can help you navigate the complexities of concrete contractor insurance.
Health and Safety Protocols
Implementing robust health and safety policies and conducting regular risk assessments can potentially reduce your premiums.
Client Testimonials
I cannot recommend this company highly enough. I have been a customer since April 2018 and the service I have received is outstanding. The staff are friendly and extremely helpful. Nothing is too much trouble. I would just like to say an extra thank you to Isabella for her customer service and commitment
Chris Baker
CEO/ Founder
Your Questions Answered
How do I know what level of cover I require?
Speak to one of our expects today who can guide you through understanding the levels of cover limits you may require. Call 01474 833 322.
What does Public Liability actually cover?
In short, this covers any damage you cause to any Third Party Property &/or Persons.
What does Professional Indemnity actually cover?
In short, this covers any claim that can come from any losses you may have caused your client or third party caused by the negligence of your professional services & advice you offer.
What is the difference between (BFSC) and (LOSC)?
A Bonafide Subcontractors is a supply and fit contractor that provides their own tools and materials. A Labour Only Subcontractor is pretty much an employee who you pay on a day rate and is under your supervision, direction & control.
What does Contractors All Risk actually cover?
Also referred to as Contract Works, this covers any damage/losses to your works in progress (on going works).
How can I get a quote from you?
Simple call us on 01474 833 322 and one of the team will assist you through a quick and easy experience.
Who do I contact if I have questions?
If you already have a policy with us, you can contact your account manager or alternatively call us on 01474 833 322 and a member of the team will be happy to help.
Why should I choose ABA Insurance?
We are a specialist brokerage within the Construction and engineering industry which means you only deal with a broker that understands your business. We advise on the best insurance solutions to help you in every way possible from advice, claims handling to any questions throughout your policy.
Who will deal with me at renewal?
The same person you delt with at the start. Our team want to make sure they know you and your business inside out. They are dedicated to you from new business all the way through to your renewal.
One Point Of Contact, Countless Ways To Help.
Get Your Diamond Drilling Insurance Quote Today
Protect your diamond drilling company with ABA Insurance. Use our online quote generator to get a personalised quote or contact our expert team for tailored advice. It’s quick and easy, taking just a few minutes to ensure you have the right cover in place. Secure your business today with comprehensive diamond drilling insurance tailored to meet the demands of your industry.
