Public Liability Insurance Cover should be considered if members of the public, clients or customers visit your premises. If you run a home-business, and customers sometimes visit you there, public liability cover might also be a good idea.
What does it cover?
Public Liability insurance will cover you if someone is accidentally injured by you or your business operation. It will also cover you if you damage third party property while on business. The cover should include any legal fees and expenses which result from any claim by a third party.
This type of insurance will only cover third party claims (i.e. not your own employees – you need Employers Liability Insurance for your own employees).
You should always ensure that your insurer knows what type of business you run, and you should always inform them if your circumstances change, as this may affect your policy.
How much cover do I need?
This will depend on the nature and size of your business operation. Many small businesses will have €1m of public liability insurance cover – this may sound a lot, but if you suddenly have several claims against you, the costs can mount up. Despite the seemingly large amount of cover, typical premiums are not high.
How to get a quote
As public liability is the most common insurance taken out by small business, you should be able to find a competitive quote in the marketplace. Daly Insurance has several insurance partners who will be able to help – simply fill in the form below for more information: