Painters And Decorators Public Liability Insurance
Painters and decorators 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 cover in the event of claims made against you by members of the public for injury, illness, death or disease caused by you in the line of your work. An example of this could be if someone falls over your equipment causing personal injury. Personal injury claims can run into many thousands of pounds and your public liability insurance is designed to cover painting and decorating contractors for such an event.
Do You Have To Carry Liability Insurance?
You are not legally required to have public liability insurance but it is prudent to have some. If you are uninsured, a claim made against you could ruin your business.
Liability Insurance Provides Security
Being a painter and decorator 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.
Employers Liability Insurance For Painters And Decorators
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.
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.
Details to look out for on your policy:
Is your business covered for the right things? For example, if you work at heights above 10m, is this covered?
Which exclusions are on the policy? Cheaper quotes may exclude circumstances that are important for your business.
Have you chosen the right level of cover for your business and a level that is acceptable for your clients?