But sometimes, the damage is worse than others and people can get hurt.
What is Public Liability?
How Does Public Liability Insurance work?
Why is Public Liability Insurance important?
What does Public Liability Insurance cover?
- Loss or damage to property
- Legal fees and claims related loss
- Injury or damage to third party
- Others acting on your behalf
Who needs Public Liability Insurance?
Although it is our notion that all businesses need PL, it is especially vital for organizations who have interactions with third parties. You will not want your business to inadvertently inflict injuries or cause property damage. It shows an ethical duty of care as it demonstrates you are carrying out all the necessary precautions for both the public and business’ safety.
How much does a Public Liability Insurance policy cost?
- Number of employees
- Geographic location
- Limits and deductibles
- Claims history
- Risk management policies