Public Liability Insurance
What is Public Liability Insurance?
Public Liability insurance covers you and your business for losses or damage a third party suffers (or claims to have suffered) as a result of your business activities.
In plain English this provides protection against legal and court costs (i.e. legal liability) in the event that someone is injured, or has their property damaged while you are providing a service to them.
This type of insurance will only cover claims made by external parties and not those made by your own employees (you will require Workers Compensation insurance for this).
Why do I need Public Liability Insurance?
In every line of work there is always the potential for something to go wrong. If this happens, you or your business can be held liable.
Regardless of the size of your business, Public Liability claims can be incredibly costly, and even if you are not at fault, you may still incur considerable legal costs while defending yourself.
Public Liability insurance is recommended for anyone running a business that generates revenue. Investing in a good policy can provide you with the peace of mind that your business will be protected regardless of what life throws at you.
Who is covered by my Public Liability insurance policy?
A Public Liability insurance policy should cover:
- Your business, including any subsidiary companies, and
- Your staff, including any principal, employee, director, partner or employee whilst they are acting within the scope of their duties.
How much cover do I need?
The most suitable level of cover will differ greatly depending on the type of business you run, so it is important to discuss your individual needs with our brokers.
If you sell, supply or deliver goods, even in the form of repair or service, you may need cover against claims of goods causing injury or damage. Product liability insurance covers damage or injury caused to another business or person by the failure of your product or the product you are selling.
With access to a wide range of business insurance products, we can tailor a liability policy to specifically suit your company, needs and budget.