Business insurance · Australia · Head-to-head
Allianz Australia (Contractors & Tradies) vs Smart Business Insurance
Two Australia business insurance options, compared side by side for Australia trades.
Which should you choose?
Allianz Australia (Contractors & Tradies) and Smart Business Insurance are both Tier A, which every business insurance entry without a reputation warning receives, so the tier does not separate them. Weigh the pros, cons, pricing and Australia-specific notes below against your trade and region.
Allianz Australia (Contractors & Tradies)
Tier A · ListedDirect insurer: tradie liability and tools cover, bought online or by phone, monthly at no extra cost
Allianz Australia Insurance Limited issues this Business Insurance Pack cover for contractors and tradies itself, rather than arranging it as a broker. Allianz says Allianz Australia is a wholly owned subsidiary of Allianz Group and has insured Australians for over 100 years. The pack combines public and products liability, general property cover for tools and portable equipment, and optional commercial vehicle cover, quoted online or by phone.
Pros
- + Public liability included in online Business Insurance Pack quotes
- + Tools and portable equipment covered if accidentally damaged or stolen from a secure location, anywhere in the world
- + Pay monthly or annually at no extra cost, Allianz says
- + Certificate of Currency emailed instantly after purchase
Cons
- − No public prices; premium depends on covers, limits and trade
- − Allianz's own cover only, with no comparison across insurers
- − Commercial vehicle cover needs liability or commercial property on the same policy
- − Tool theft is covered from a secure location only
Australia note
Issued by Allianz Australia Insurance Limited (ABN 15 000 122 850, AFSL 234708). Allianz points out that a contract may set a minimum public and products liability amount, and that workers' compensation is compulsory in every state and territory for businesses with employees.
Smart Business Insurance
Tier A · ListedVictorian insurance broker arranging business insurance for small businesses, including tradies
Smart Business Insurance Pty Ltd is a Victorian insurance broking business whose ABN has been active since January 2013. As a broker it seeks quotes from the insurers it deals with regularly and places cover on the client's behalf, rather than selling one insurer's policy. Its financial services guide lists business packages, public and products liability, construction and plant insurance among the covers it arranges.
Pros
- + Advised broker that seeks quotes from several insurers on the client's behalf
- + Arranges a broad range of business covers, including public and products liability, construction and plant
- + Premium funding can be arranged to pay by instalments
- + In business since at least 2013 (ABN active from January 2013)
Cons
- − No confirmed public prices; premiums are quoted per client
- − Premium funding for instalments charges interest
- − Advice usually covers only the insurers it deals with regularly, not the whole market
- − Not a trades-only broker
Australia note
Smart Business Insurance Pty Ltd (ABN 88 162 162 576) holds authorised representative number 437328 and acts under another firm's Australian financial services licence; ask for its current financial services guide to see which licensee is responsible and how it is paid.
More Australia options
See all Australia business insurance vendors and the rest of the Australia directory.