Compare Public Liability Insurance Quotes
Public liability insurance is designed to cover your business in the event of third party claims being made against you for negligence that have caused persons to suffer injury or illness as a result. Public liability insurance can also provide cover in the event of damage to a third party’s property. If you were ever put into a situation which made your company liable to be sued, having the right insurance can give you the cover you need.
Find out how much you could save on the public liability insurance for your business by comparing policies.
Public Liability Insurance
Public liability insurance or third party insurance is a form of liability insurance which protects you if you were to damage the property of a third party (such as a customer) or cause injury to a member of the public. PLI prices are based on the type of work you carry out and the number of people needing to be insured.
Unlike employers liability insurance which is a required cover by law if you employ any staff, public liability insurance is not compulsory but is usually considered a key cover for companies looking to protect themselves against unexpected claims that can put the future of the business at risk.
Public liability insurance should be taken out by any business that deals directly with the public or works away from home at other premises.
The growth of the compensation culture throughout the last few years has now resulted in a significant threat to anyone who operates a business. Regardless of the type of business you operate or conduct, if you have any contact with the public at all you need to make certain you have adequate protection. Investing in public liability insurance and/or professional indemnity insurance can provide you with peace of mind and the protection your business needs from potential financial risks.
An increasing number of businesses have now recognized the tremendous benefits of business insurance and are now electing to purchase insurance as a way of protecting their businesses interests. If you have not yet thought about how your business would afford the expenses that might be incurred in the event a client or member of the public should launch a compensation claim against your business, it is certainly time to do so.
To get best value for money, you should compare the market and get a range of quotes from trusted insurers.