Public liability insurance is essential if you want to ensure that you’re covered if a customer, member of the public or third party injures themselves due to your business operations.
We think it’s so important that we won’t allow anyone on our service without it.
So how does public liability insurance work and what does it cover? This simple guide explains all.
What does public liability insurance cover?
Public liability insurance covers you if a customer, member of the public or a third party is insured or suffers an illness because of your work. It’ll also cover you if your work damages your customer’s or someone else’s property.
If you make a claim and your insurers accept it, they will pay out for yours and the claimant’s legal fees and any compensation due.
Choose the amount of cover you need
You can decide how much cover you need for your public liability insurance. It probably depends on the type of business and the limit of protection your trades need.
If you’re not sure how much you need, contact a broker or insurer and ask for a guideline amount for your business.
Like any type of insurance, they will state reasonable exclusions. Some of the exclusions common for public liability insurance include:
- Deliberate damage or acts to cause harm
- Defective work
- Property that belongs to the insured (you)
Exclusions vary between insurer, so ask about them before you buy.
It doesn’t include your employees
Public liability insurance only covers customers and other third parties. To cover your employees, you’ll need employer’s liability insurance, which is a legal requirement under the 1969 Employers’ Liability (Compulsory Insurance) Act. You can only buy this alongside public liability insurance.
Even if you follow procedures to the book, accidents still happen. So public liability insurance is well worth getting – and remember, you can’t join Quotatis without it. Quotatis members also get a discount on public liability insurance – speak to us to find out how to claim it.