Quotatis Pro | Professional Blog

3 Vital Reasons Why You Need Public Liability Insurance

If you run your own business, you’re legally obliged to get insurance. You should have employers’ liability insurance to protect your employees, and you might have professional indemnity insurance too. But have you got public liability insurance?

Taking out this kind of insurance isn’t a legal obligation for business owners, but it’s well worth getting. Not sure why? Here are 3 vital reasons why you need public liability insurance.

1. Financial protection

The main benefit of public liability insurance is that it gives your business financial protection. If a member of the public is injured or a customer’s property is damaged as a result of your work, sufficient public liability insurance will cover the costs.

Legal and medical fees can really mount up, even for the smallest claim. This means that to protect your business and avoid risk of bankruptcy, you’ll need public liability insurance.

2. Peace of mind

Accidents happen. Even top qualifications and years of experience don’t stop mistakes from happening every once in a while. You can carefully follow all relevant health and safety recommendations and still be vulnerable to mishaps.

If you don’t take out public liability insurance you’re risking your business. This could keep even the most confident professional awake at night. Save yourself the worry and take out PLI now.

3. Improved reputation

Taking out public liability insurance can be really good for your business’ reputation, and get you more work. Customers often take it as a sign of reliability and won’t hire a tradesperson who doesn’t have it. And if you bid for a large project, you might lose out to another company if they have more comprehensive insurance.

In fact, we think that PLI is so important that we require all our members to have it. It’s a great way to show your customers that you know what you’re doing as a professional. And it also shows that you take their needs and safety seriously. Quotatis members get a discount on public liability insurance – speak to us to find out how to claim it.

If you want to find out more, take a look at our handy guide to PLI. Or fill in the form below to join our network and get public liability insurance at a reduced rate.


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Evy Coe

Evy Coe works for Quotatis as a Content Marketing Executive. She writes about a range of different new and existing products to inform and advise customers. To learn more about Evy, visit her Google+ profile.

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