What is Public Liability Insurance?

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What is public liability insurance?

Public liability insurance can cover legal expenses or compensation claims if your clients, suppliers or a member of the public suffers a personal injury or property damage because of your business.

Having public liability cover is fundamental if you have visitors to your premises, or if you visit other sites to carry out your work.

Do I need public liability insurance?

Having public liability insurance reassures your customers that both you and they are protected in the unlikely circumstance that things go wrong. It’s not a legal obligation to have public liability cover under UK law, but your industry regulator or professional membership body might require you to have it.

Ask yourself these questions:

  • Do I have employees? If so, you’re legally obliged to have cover.
  • Is my business insured for the right things? If you work at heights above 10 metres, you may not be covered.
  • Do I have the right level of cover? If you’re working on a contract for a public body or larger company, you may need a higher level of cover that’s acceptable for your customer or client.

What does it cover?

Public liability insurance covers your business against compensation claims and any legal costs if a third party suffers injury or property damage while on your premises, or while you’re working on theirs.

Public liability covers:

  • Compensation payments for third party injury, or death.
  • Repair or replacement costs for damaged property or possessions
  • Medical fees
  • Legal expenses

How much cover do I need?

Simply Business’ public liability policies offer a minimum level of £1m. Depending on the nature of your business and customer/clients needs, you might require a higher level of cover to make sure that both you, and your business are protected.

It’s best practice to check your policy when you take on a new job or contract. For example, companies working on government contracts are required to have a minimum of £5m or even £10m in insurance.

Can we help?

We want to open up the law to everyone. Explaining it clearly is part of that, but we also find ways to make everyday legal services cheaper and easier.

If you’d like to start a business or register a limited company, we can help you. We can start your company, handle your PAYE and VAT registration, and plenty more. In fact, we’ve managed to make our cheapest company-formation package cost less than going direct to Companies House. Visit our company formation webpage, or call us on 0345 122 8103 if you need advice.

Can we help?

We want to open up the law to everyone. Explaining it clearly is part of that, but we also find ways to make everyday legal services cheaper and easier.

If you’d like to set up a business or register a limited company, we can help you. In fact, we’ve managed to make our cheapest company formations cost less than going direct to Companies House. We can also help with accounting, payroll and tax services or a central London address – there’s a month’s free trial, and you can cancel any time. If that all sounds a bit daunting, don’t worry. Using a formation agent (like us) to do the legwork could actually save you money. Visit our company formation webpage, or call us on 0345 122 8103 if you need advice.

Can we help?

We want to open up the law to everyone. Explaining it clearly is part of that, but we also find ways to make everyday legal services easier and more affordable.

Perhaps you’re thinking about how to take care of things if the worst happens, so there’s less stress for the people you love? We can help with willsliving willspower of attorney and more. Or call us on 0345 122 8103 if you need advice.

Can we help?

We want to open up the law to everyone. Explaining it clearly is part of that, but we also find ways to make everyday legal services cheaper and easier.

If you’re buying or selling a property, we can help you. In fact, we have everything you need to get the conveyancing process done and dusted online. Have a look at our conveyancing webpage, or call us on 0345 122 8103 if you need advice.

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