Locksmiths public liability insurance will protect you from any liabilities from a Third Party (other than your employees) bodily injury or damage to their property that may occur during the normal operation of your business.
Public Liability Insurance Provides Security
Being a locksmith means that the majority of your work will take place at either your customers homes or business premises. Putting all these potential risks in the context means that you should consider a way of protecting yourself against these potential pitfalls.
As a locksmith you job means that you are responsible for the security of customers properties and businesses. Considering that you are working in effect in security there is a good deal of responsibility associated with the job. If the level of work you have completed is proven to be inadequate, the customer could be unfortunate and experience a break in .This only increases the risk of an expensive claim and highlights the potential need for public liability insurance.
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.
Employers Liability Insurance For Locksmiths
If you have any employees then you will also have to get employers liability insurance which is a legally required insurance and without it you can be fined a lot of money or even banned from owning a company again.