Do I Need Public Liability Insurance?
8th July 2013
If you work with the public, or the public come to your offices or premises to do business with you, then you will need public liability insurance.
Even though public liability insurance is not compulsory, many customers will want to know you have public liability insurance before they do business with you. This is especially true for small building companies and contractors and increasingly true for other businesses that are in frequent contact with the public.
Public liability insurance is designed to protect you and your business against any claim that a member of the public might bring against you for injury of damage.
It covers you for accidental injury to a member of the public, for example a bottle of drink falling off a shelf and hitting someone on the back, or someone falling over in your office. It also covers you against any claim if you are working on or in someone else’s property – something many small business people do – for example an investment banker visiting a client at their office, or a decorator going to a property to give a quote.
Public liability provides you with protection against all kinds of claim for any injury or damage by a member of the public, against you. It covers all of your costs including legal fees, expenses, out of pocket costs, hospital treatment and can even cover you against claims made against you by the NHS for their costs.
Public liability insurance is not compulsory for most businesses. Price for Public Liability insurance will depend on the kind of business you are in and do, your businesses turnover (not profit ) and the level of cover you require, this is determined by how much money the insurer will pay out for a single claim against you.
Horner Blakey Insurance Brokers strive to provide our clients with the highest quality of independent, expert advice and service to ensure that you get real value for money from your insurance arrangements.
Our aim is to ensure that you have complete peace of mind with the right cover provided by an Insurer that has the ability and desire to pay your claims quickly and efficiently.
To find out more or for a free no obligation quotation please call 020 7929 0108