Joiners’ Liability Insurance
If you are just about to start your joiner business you may not know what this policy offers you. A public liability insurance policy will help you defend against possible claims that may be placed against you when working in your business.
The public liability insurance will cover for such things as the legal costs to defend an allegation against your business for example the insurance company will appoint a solicitor or claims handler to look after a claim where someone has accused you of either bodily injury or property damage that you may have caused them whilst on site or in the course of your work.
For example if you were working on a project along with other tradesmen and you were accused of damaging someone’s property, it maybe that was the case and you did accidentally cause damage and loss via your actions, in which case the public liability policy could respond to both legal defence (as it may not have been your fault) or where it was proved to be your error, to help with the cost of damages awarded against you.
So basically the public liability insurance will protect your business against the possibilities of mistakes you could make or where you feel you were not at fault to help with the legal costs to defend you.
Amount Of Liability Cover Required
Public liability insurance will protect your business against the possibility of mistakes you could make or where you feel you were not at fault to help with the legal costs to defend you.
The amount of cover you need will vary according to your business type and other factors. Many small businesses take out £5 million of cover.