You’re probably here because you’re self-employed or running a small business, and you’ve heard that you should get public liability insurance. If you want to find out what exactly this insurance is, why you might need it or how to buy it, you’ve come to the right place.
So what is public liability insurance, anyway?
Basically, this kind of business insurance is there to protect you if members of the public make a claim against you for something bad that happens in connection to your business. As the owner, you’re responsible for making your workplace as risk-free as possible, but unfortunately accidents do happen.
The kind of thing this might involve could be an injury that happens to someone while they are at your business premises, or if their property is stolen or damaged there.
Say you own a shop, and it’s a wet day. A customer comes in and slips on the floor near the doorway and breaks their arm. They see this as your fault for not keeping the floor in a safe condition, and put in a personal injury claim against you.
Your liability insurance means that if someone is injured at your premises or their property is damaged, you can claim on your insurance to cover any compensation due to them, or legal costs if they take you to court.
Policies do vary according to the insurer, but most public liability policies cover you for incidents that occur on your business premises. They also cover incidents that take place elsewhere, at events or activities organised by your company.
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