Trades Insurance Online :: Articles

Trades Insurance Online Articles

Trades Insurance Online recommends the following articles which we hope you find of interest.

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Trades Insurance Articles

How Tradespeople Can Maximize Tax Deductions Through Insurance
How Tradespeople Can Maximize Tax Deductions Through Insurance
Tradespeople work hard to earn their income, often facing unique expenses that can impact their bottom line. Understanding and maximizing tax deductions is crucial for minimizing these costs and keeping more of what they earn. By making informed decisions about expenses, tradespeople can significantly reduce their taxable income. - read more
How to Choose the Best Commercial Vehicle Insurance for Your Trade Business
How to Choose the Best Commercial Vehicle Insurance for Your Trade Business
For tradespeople, protecting your tools and equipment is crucial. These are not just tools; they are the backbone of your business. Without them, you can't complete jobs, meet client expectations, or generate income. This includes your Vehicle. - read more
Top Strategies for Australian Tradespeople to Slash Insurance Premiums
Top Strategies for Australian Tradespeople to Slash Insurance Premiums
Trade insurance is an essential aspect of running a successful trade business in Australia. Whether you are a carpenter, electrician, plumber, or any other type of tradesperson, having the right insurance coverage protects you from unexpected risks and liabilities that could otherwise derail your operations. - read more
Protecting Your Tools and Equipment: A Tradesperson's Insurance Checklist
Protecting Your Tools and Equipment: A Tradesperson's Insurance Checklist
As a tradesperson, your tools and equipment are your livelihood. They are essential for performing your job efficiently and effectively. - read more
5 Common Budgeting Mistakes Small Trade Businesses Should Avoid
5 Common Budgeting Mistakes Small Trade Businesses Should Avoid
Budgeting is one of the most crucial aspects of running a small trade business. Without a proper budget, it's easy to lose track of your expenses and revenues, leaving you in a financial mess. This can be especially challenging for small trade businesses where margins are often tight, and a minor miscalculation can lead to significant issues down the line. - read more

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

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Insurance News

Understanding the Surge in Home Insurance Premiums Across Australia
Understanding the Surge in Home Insurance Premiums Across Australia
21 Oct 2025: Paige Estritori
Australian homeowners are experiencing notable increases in home insurance premiums, a trend largely driven by the escalating frequency and severity of extreme weather events. Recent data indicates that average annual premiums for new home and contents policies have risen by 14%, equating to an additional $343 per year for policyholders. This surge is a direct response to the substantial claims resulting from natural disasters that have impacted various regions across the country. - read more
The Vital Role of Reinsurance in Safeguarding Australian Insurers
The Vital Role of Reinsurance in Safeguarding Australian Insurers
21 Oct 2025: Paige Estritori
Reinsurance has emerged as a cornerstone of financial stability for Australian insurers, effectively shielding them from potential losses that could have reached up to $70 billion. In the past financial year, general insurers in Australia invested approximately AUD2.5 billion in reinsurance, a strategic move that has proven invaluable in mitigating the financial impact of increasingly frequent and severe natural disasters. - read more
Suncorp's Earnings Surge and Share Buyback Announcement
Suncorp's Earnings Surge and Share Buyback Announcement
13 Oct 2025: Paige Estritori
Suncorp, a prominent Australian insurer, has reported an 8% increase in full-year cash earnings, reaching A$1.49 billion for the year ending June 30, 2025. This performance exceeded analyst expectations and underscores the company's robust financial health. - read more
ASIC's Legal Action Against RACQ Insurance: What You Need to Know
ASIC's Legal Action Against RACQ Insurance: What You Need to Know
13 Oct 2025: Paige Estritori
The Australian Securities and Investments Commission (ASIC) has commenced Federal Court proceedings against RACQ Insurance, alleging that the insurer misled more than 570,000 customers through deceptive premium comparison figures in renewal notices issued between September 2019 and December 2024. - read more
ACCC Raises Concerns Over IAG's Acquisition of RAC Insurance
ACCC Raises Concerns Over IAG's Acquisition of RAC Insurance
05 Oct 2025: Paige Estritori
The Australian Competition and Consumer Commission (ACCC) has expressed significant concerns regarding Insurance Australia Group's (IAG) proposed acquisition of the Royal Automobile Club of Western Australia's (RAC) insurance business. The deal, valued at approximately A$1.35 billion (US$877 million), aims to expand IAG's presence in the Western Australian insurance market. - read more

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Endorsement:
An amendment or addition to an existing insurance policy that changes the terms or scope of the original policy.