Tax time’s not just about receipts and deductions, it’s also a wake-up call to double-check whether your business is still properly protected.
If you’re a builder, landscaper, concreter, or tradie working on sites across NSW, VIC, or QLD, your Public Liability insurance isn’t just a box to tick, it’s your safety net.
Here’s the thing: construction is a high-risk game. One slip, one mishap, or one accident involving a third party and you could be staring down the barrel of serious legal and financial fallout. The catch? If your insurance hasn’t kept up with your growing business, you could be left dangerously exposed.
Why Reviewing Your Insurance Before EOFY Is So Important
- The Risks Change as You Grow
Doing bigger jobs than you were last year? Got more subbies on site? More tools in the ute? You’re not the same business you were 12 months ago—your insurance shouldn’t be either. - EOFY Is Prime Time to Adjust Cover
Tax time is the perfect time to reassess your cover. It’s when you’re already looking at business performance, assets, and overheads. Lining up an insurance review now helps you:- Update your declared income and assets (so you’re not underinsured)
- Ensure your cover limits are still appropriate
- Potentially claim insurance costs as a tax deduction
The Truth About Sticking With the Same Broker
Keeping the same insurance broker year after year can feel easy—but is it smart?
Pros:
- They know your business history
- There’s less paperwork
- Communication is usually smooth
But here’s the flip side:
- They might not shop around for the best deal anymore
- Your policy could be outdated
- You could be paying more than you need to
Why We Back BICs: TAG’s Trusted Insurance Partner
If you’re a TAG member (or even if you’re not—yet), BICs is our go-to for Business Insurance, Public Liability, Tool Cover, and Vehicle Protection. Why? Because they get builders and tradies.
They don’t just sell you a policy and disappear. They’ll sit down, review what’s changed in your business, and make sure your cover still stacks up—especially leading into EOFY when things can get hectic.
Aaron and the team at BICs are known for their no-nonsense advice, clear communication, and competitive rates. Whether you’re a one-man-band or managing multiple crews, they’ll help you sleep better at night knowing you’re protected.
The Bottom Line: Don’t Wing It
Public Liability insurance isn’t a set-and-forget kind of deal. If you’ve bought new tools, picked up more work, hired extra hands, or even changed your business structure, your old policy might not cut it anymore.
Now is the time to check.
Book a free insurance review with BICs today. Whether you’ve been with the same broker for years or you’re just not sure where you stand, BICs can give you straight answers and solid cover.
EOFY doesn’t have to be stressful—just smart.
Make sure your insurance works for your business, not against it.
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