| Public liability insurance is often the last thing on the | | | | delivery men, contractors and others that have need |
| minds of small business owners who are just starting | | | | to visit your working premises. |
| out but conversely it is one of the most important | | | | Most professions benefit from this insurance, even if |
| insurances any business can have. This is because this | | | | they don't think they need it. For example, dog |
| type of insurance can save you thousands, if not | | | | walking businesses may never have an accident while |
| millions, of pounds in the event of an accident... and | | | | at the home of their clients but if the dog they're |
| as we all know accidents will happen. | | | | walking inadvertently causes a traffic accident then |
| What exactly is this insurance? | | | | at least the business owner is covered against claims. |
| Public liability insurance covers you and your business | | | | Is it the law? |
| in the event that a member of the public, or a visitor | | | | The only business that are legally bound to have the |
| to your business premises has an accident that | | | | insurance are horse riding schools and outdoor pursuit |
| results in physical injury or damage to their property. | | | | companies. Saying this, it is rare that one business will |
| Some policies also cover the pavement outside your | | | | do business with another if they don't have insurance |
| premises and the private car park if you have one. | | | | to safeguard any staff or visitors that may have |
| The insurance pays for medical bills, legal fees, the | | | | cause to travel to the working premises. |
| replacement of property, the cost of an ambulance is | | | | So in summary, it is much more advisable to pay the |
| one is called and any other related claims. | | | | insurance premiums for this particular type of |
| Who needs Public Liability Insurance? | | | | insurance than to pay claims and expenses when |
| In short, any business that has any form of face to | | | | inevitable accidents happen. Public liability insurance |
| face contact with members of the public should have | | | | shouldn't be left until your business has a bit more |
| this type of insurance. This includes businesses that | | | | cash spare because by then it may be too late - and |
| have public visitors on their premises and those that | | | | the last thing you want is to end up bankrupt before |
| go out to customer's premises and do some form of | | | | you even get your business off the ground. |
| work there. The insurance also covers people such as | | | | |