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.
Contact your nearest Public Liability expert
Need advice? Our advisers can help. Let us know where you are and find your nearest expert.
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
Ensuring health and safety might not be at the top of your list. However, failing to manage these risks can have seriously damaging consequences.
There is increasing legal and regulatory focus on personal accountability whilst at work. Do your senior care home staff have protection from the risks?