When running a business there is always a chance an accident could happen. Public liability insurance is designed to protect your business should a member of the public suffer an injury or have their property damaged as a result of any action carried out by your business. It will cover the legal costs and any compensation claim if your business is found at fault.
Whilst public liability insurance is not actually a legal requirement, you may find it very difficult to trade successfully without it. For example, clients may stipulate that you must have a minimum level of public liability insurance in place before you can work for them. If you wish to undertake public sector contract work, you will definitely need public liability cover.
For injuries to, or damage to the property of, a third party, either on your business premises, a customer’s premises, or elsewhere.
Cover will be provided to help cover the cost of any legal proceedings against you.
The cost of repairing any damage caused by you or your business (for example, say you are a plumber and do something in the course of your work that causes a flood).
The cost, should the NHS choose to claim against you for medical treatment (including calling out an ambulance).
Public liability insurance is usually the first level of cover taken out when a sole trader starts trading. Later, when the workload expands and employees are added, they add employer’s liability insurance. This is commonly referred to as combined liability insurance because that’s exactly what it is – several liability insurances combined into one policy. Tradesure offer combined liability insurance with additional cover for:
If you don’t insure with Tradesure now, check how competitive we are against your current insurer. We will help you to make sure your business has the right level of cover.
Protect your business against the unexpected. Call Tradesure today on 0121 248 9300 to get free advice and a quote.