Public liability insurance simply means that you will be covered in the event of any claims against your company or you. This could include personal injury or property damage. If someone sues you, public liability insurance will protect you from legal fees.
The insurance company will cover you for all claims for damages, so you don't have to pay anything out of pocket. You will be represented by lawyers in the event you are sued. As you may know, legal fees can be very costly. Here you can find answer for "Why Purchase Public Liability Insurance"?
Who should have public liability insurance?
Public liability should be a priority, regardless of whether you are a shopkeeper or a contractor. There are many companies that you can find online, but you won't want to do business if they don't answer your questions about public liability insurance.
When purchasing this type of policy, you want to ensure that you speak to professionals. An expert will review your company and recommend the best liability coverage for you.
The type and amount of coverage you need will depend on your business's size and other factors. The premiums that you'll need to pay will also vary depending on the size and nature of your business.
Before you buy the plan that suits your needs, compare prices and coverage options. You can always shop for something else if you don't like the plan offered.
There are many websites that offer public liability insurance. You should ensure that they are knowledgeable and take the time to get to know the details of your business.