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Public liability INSURANCE

Why do you need public liability insurance?

Public liability insurance provides protection against your legal liability to third parties following injury or property damage caused in the course of your business. Cover extends to both defence costs and awards.

  • Protect your business
    If you are found liable for injury or damage, the damages awarded could cause severe financial hardship. Public liability insurance can help to manage this burden.
  • Protect yourself
    Whether a customer slipping on a loose floor, inadvertently damaging another person’s property, or causing injury in some other way, Public liability insurance offers valuable protection.
  • Excess costs
    If someone does make a claim against you, whether you feel you are at fault or not, it can still be expensive. You may otherwise need to self-fund any legal defence costs or compensation awards. Costs for personal injury claims in particular continue to rise, and failure to hold appropriate insurance cover could jeopardise your business.

How we can help

Whether arranged as part of a commercial combined insurance solution or placed in isolation, we have experience in arranging this cover for companies from many industries and of different sizes. We can advise you on the level of cover you may need within the appropriate insurance package for you.

Public liability insurance

Public liability insurance covers compensation payments and legal fees if you are found to be responsible for injuries to any third party or damage to their property. The person injured could be a client or customer, one of your suppliers, or just a passer-by.

Public liability covers you for your legal liability following accidents like:

  • Slipping on a wet floor
  • Spilling coffee on a client’s phone or computer
  • Tripping over loose carpet
  • Tripping over exposed wiring or cables

Public liability insurances tend to be available with cover limits from £2m upwards. In the event that you require limits of £10m or more, it is essential that you receive the right advice from experienced and qualified advisors.

Frequently Asked Questions

Q
Is PL insurance legally required?
A
No. However it may be required by any client contracts you have and some companies who are governed by a regulator or membership body may be obliged to take it out. 
Q
Do I need PL Insurance if I am self-employed?
A
Yes. We would advise any business to hold such cover, whether you occupy a premises or whether you work away.
Q
How much PL insurance will I need?
A
The level of cover you need is related to the amount of risk faced by your business. Cover can be anywhere from £2m to £10m or beyond. The minimum value could be dictated by the clients you work with.
Q
What isn’t covered by my PL insurance?
A
Accidents that happen to you or damage to your own property or property being directly worked upon are generally not covered by your PL policy. Other cover may be available. Incidents that affect your employees are also not covered – this would be covered by your employers’ liability insurance.