|By PR Newswire||
|April 17, 2014 05:02 AM EDT||
ILFORD, England, April 17, 2014 /PRNewswire/ --
A survey conducted by research consultancy ComRes estimates that poor work carried out by tradesmen costs consumers in Britain around £1.9bn per year. The study also shows that around 18 million British consumers employed tradesmen over the last year.
Approximately 20% of the cases surveyed found that work was not appropriately carried out. The average bill to rectify poor work was approximately £600.
Whilst many homeowners had to foot the bill themselves, some were able to cover the costs with their home insurance policies. Others were able to resolve disputes using the Trading Standards agency or official bodies such as TrustMark.
Poor workmanship has become a problem in the UK over the last few years, with many career changers entering the building trade after being made redundant from a previous career. Training provisions are not always adequate, and many workmen attempt jobs far above their competency levels.
Nova Insurance, a tradesmen insurance provider, has warned that the risk does not just lie with homeowners. Many tradesmen find themselves in disputes over quality of work. The regularity of trade disputes means that even quality work is often put under considerable scrutiny.
Nova Insurance reminds tradesmen who have been affected by a dispute of the importance of tradesmen liability insurance, which can protect builders and traders in the event of a dispute. Often tradesmen are able to reclaim the expenses for legal claims and are normally protected in the event of legal action being taken against them.
New regulations in the industry should help to improve the situation in the UK, and organisations such as TradeMark are striving to improve trading conditions for tradesmen while ensuring customers are being fairly charged for work.
About Nova Insurance
Nova Insurance provides a variety of insurance policies for self-employed and freelance tradesmen. Nova Insurance provides tradesmen insurance for all manner of building trades, alongside shop insurance and salon insurance. Nova Insurance are based in Ilford, Essex.
SOURCE Nova Insurance
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