Public Liability

Public Liability insurance is a type of coverage designed to protect businesses and individuals from financial losses and legal liabilities that may arise from third-party claims for bodily injury, property damage, or other forms of harm that occur on the insured’s premises or as a result of their business operations.

Description

This insurance provides coverage for legal defense costs, settlements and compensation payouts that the insured may be required to pay to the injured party. Public Liability insurance is particularly important for businesses that interact with the public, customers, or clients in physical locations or through their services. Business owners should consider seeking advice from insurance professionals or brokers to ensure they have adequate coverage tailored to their specific circumstances.

Cost

The size of the business can impact the cost and requirements of Public Liability insurance. Larger businesses with more extensive operations, higher foot traffic, or greater interaction with the public might have a higher risk of accidents or incidents occurring. As a result, they may need higher coverage limits and may face higher insurance premiums.

Requirements

Public Liability insurance is not legally mandatory for all businesses in the UK. However, many businesses choose to obtain this insurance to protect themselves from potential financial losses and legal claims. Additionally, some contracts or agreements with clients, landlords, or vendors may require proof of Public Liability insurance as a condition of doing business. Staying informed about insurance regulations and industry standards is important to make informed decisions and protect the business from unexpected financial liabilities.

Insurance With A Purpose

Speak to our Public Liability

Expert Advisor

We understand the importance of having easy and accessible ways to get in touch with us. That’s why we’re excited to offer you a way to connect directly with our Senior Team quickly and conveniently.

Stuart Deacon

Insurance Practitioner

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Let’s chat about your coverage. Get in touch now!

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