Tailor Insurance
Tailors work diligently to create bespoke clothing, adapting clothes to fit a client perfectly and the way they want. While there are fewer tailors in the UK than there were in the previous year, this does not take away from the fact that their services are still needed, especially for clients with couture pieces that cannot be replaced or expensive items clothing that need to be altered. Clothing pieces most popularly include suits.
However, they can range from dresses to blouses. Measuring, sewing and advising are just three of the many jobs a skilled tailor does, and so having tailor insurance is helpful when claims arise not to affect the business costs.
If you would like to read more information or learn more about the pricing of business insurance, you can do so here.
Types of Tailor Insurance
A tailor can find many types of cover advantageous when searching for personalised insurance.
Public liability insurance
Public liability insurance is helpful because clients can unintentionally get injured during the service and need medical attention, or their clothes may get destroyed and need repairing. Insurance covers the medical costs and costs for replacing personal items that were ruined as a result of the tailoring process. This could occur when a client stands up for a measurement, and one of the pins pricks them through the fabric, causing bleeding and possibly treatment.
Likewise, if a tailor makes an error in modifying the garment, which destroys the fashion piece, the client could sue for the damages caused, especially if the piece was one of a kind. These expenses are costly and could mount up if the tailor is famous and has an extensive client list, so it is vital to obtain this insurance and protect against such costs.
Tools and equipment insurance
Tools and equipment insurance for a tailor means that any expensive machines or gadgets they use in operations are insured. Therefore, should they be damaged or stolen, the insurance company covers the price for replacing or repairing them. However, the general deterioration of quality is not covered under most policies, and neither is equipment that was damaged before the obtainment of the insurance.
A tailor may use various pieces of expensive equipment, like a sewing machine, lots of fabric and string, ironing boards and scissors. Some of these items can cost hundreds of pounds, if not thousands, so any damage caused to them from fires or earthquakes, even theft, may be detrimental to a company. Insurance will provide a payout for these costs as long as they are insured, and the way they were damaged is covered under the policy.
Business building insurance
Business building insurance should be acquired if there is a fire, flood, earthquake, storm, or another kind of disaster that may ruin or even destroy the infrastructure of the tailor shop. Without a building, the company may have to suspend business operations until the damage is repaired. However, this occasion is made worse if there are insufficient funds to cover the rebuilding costs. Business building insurance can vary in levels but will cover most repairs and put the tailor at ease regarding monetary problems.
Additionally, some insurance companies offer alternative accommodation for the business to run whilst the original shop is under construction, meaning that the revenue does not have to suffer and clients can continue to use their services. Quotes may vary depending on how close the premise is to water, the size of the building, materials and claims history. Similarly, contents insurance may be added to this policy to protect the infrastructure and the furniture and fitting inside.
Employers’ liability insurance
Employers’ liability insurance is compulsory for tailors with more than one employee. Most businesses have many workers to improve the time it takes to complete work and grow the client base, as modifying clothes can take lots of time when done precisely and carefully. This type of cover protects employees if they are hurt whilst working to feel safer in the workplace and have guaranteed coverage.
For example, if they injure their hand with the sewing machine and need an operation, the insurance would cover the medical expenses. Similarly, if they trip on a loose tile and fly down the stairs, this could cause extensive damage to their body and may require rest; lost income is also covered as employees rest at home until they can work again. However, this cover only protects employees against work-related accidents and not those at home or outside.
Tailors Insurance
To conclude, tailor insurance can be a variety of covers that work together to protect a company from claims that could be harmful to their business and cost a lot of money to repair.
Find out more about the importance of insurance here.
Other useful links about Business Insurance:
Subcontractor Insurance
Startup Insurance
Surveyor Insurance
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