Public Liability Insurance

• Public liability insurance protects against claims made by third parties for property damage or personal injury caused by business operations. This can include accidents that occur on the business premises or as a result of products or services provided by the business.

• In addition to covering the costs of any damages awarded to the claimant, public liability insurance can also cover the legal expenses associated with defending against a claim.

• Having public liability insurance can provide peace of mind for business owners, knowing that they are protected in the event of an accident or injury. 

• Public liability insurance policies can be tailored to meet the specific needs of different businesses, with coverage amounts and deductibles that can be adjusted to match the level of risk associated with business operations.

• With a wide range of insurance providers offering public liability insurance, businesses can compare rates and coverage options to find the best policy at a competitive price.

• Bodily injury: If a member of the public is injured as a result of your business activities, your public liability insurance may cover the costs of medical treatment and other related expenses.
• Property damage: If your business activities result in damage to someone else’s property, such as a customer’s vehicle or a client’s building, your public liability insurance may cover the cost of repairs or replacement.
• Legal fees: If you are sued by a third party as a result of your business activities, your public liability insurance may cover the cost of legal fees and other related expenses.
• Loss of income: If your business activities result in a loss of income for a third party, such as a client who is unable to work due to an injury caused by your business, your public liability insurance may cover their loss of income.

• Retail businesses: Any business that sells products directly to the public, such as a store or online retailer.
• Service providers: Any business that provides services to the public, such as a hairdresser, electrician, or plumber.
• Contractors: Any individual or business that performs work on a client’s property, such as a construction contractor or a landscaping company.
• Hospitality businesses: Any business that serves food or beverages to the public, such as a restaurant or a bar.
• Entertainment venues: Any business that hosts events or provides entertainment to the public, such as a music venue or a theatre.
• Health and fitness providers: Any business that provides health or fitness services to the public, such as a gym or a yoga studio.
• Professionals: Any individual or business that provides professional services, such as a lawyer, accountant, or consultant.

Exclusions of public liability insurance can vary depending on the specific policy, but some common exclusions can include:

• Intentional acts: Public liability insurance typically does not cover deliberate or intentional acts, such as assault or theft.
• Professional negligence: If you are a professional, such as a lawyer or accountant, your public liability insurance may not cover professional negligence claims, as these types of claims typically require a separate type of insurance called professional indemnity insurance.
• Contractual liability: Public liability insurance generally does not cover liability that you have assumed under a contract unless the liability would have existed even without the contract.
• Pollution: Some public liability policies may specifically exclude coverage for pollution-related claims.
• Employer liability: Public liability insurance typically does not cover claims made by your employees for work-related injuries or illnesses. Instead, you may need to purchase a separate type of insurance called employer’s liability insurance.

It is important to carefully review the terms and conditions of your public liability insurance policy to understand what is and is not covered. If you have any questions about the exclusions or limitations of your policy, you should consult with your insurance provider or broker.