Business insurance · Australia · Head-to-head
Allianz Australia (Contractors & Tradies) vs Upcover
Two Australia business insurance options, compared side by side for Australia trades.
Which should you choose?
Allianz Australia (Contractors & Tradies) and Upcover 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.
Upcover
Tier A · ListedSydney online insurance platform: tradie public liability and tools cover, quoted and bought online
upcover is a Sydney-based online insurance platform that arranges business insurance with selected insurers and underwriters; it says it has more than 80 insurance partners and more than 70,000 small-business customers. Its trades and construction page offers public and products liability, tools of trade, commercial motor and fleet, and tax audit cover, quoted online. Business News Australia reported in February 2025 that it raised a $19m Series A in debt and equity.
Pros
- + Quotes and purchase online; upcover says quotes take minutes
- + Tools of trade cover for theft, damage or loss of tools and equipment, including power tools and machinery
- + Proof of insurance can be sent as soon as the policy is bought, upcover says
- + Monthly instalment option
Cons
- − No public prices; a quote is needed
- − Monthly instalments carry an instalment administration charge (a flat percentage of the total cost), per its terms
- − Service fee of $0 to $300 (ex GST) per policy on top of the premium, per its terms
- − Acts as agent of the insurer, not the customer, when it effects a policy
Australia note
upcover Pty Ltd (ABN 17 628 197 437) is a Corporate Authorised Representative (CAR 1299211) of Experience Insurance Services Pty Ltd, AFSL 539078. Its terms say it acts as agent of the insurer, not the customer, when it effects a policy, and its site says it does not compare all insurers in the market.
More Australia options
See all Australia business insurance vendors and the rest of the Australia directory.