Public Liability Insurance

Any business that involves contact with members of the general public requires public liability insurance. It is these people (known as "third parties") who are covered by these insurance policies.

Stride Insurance Cover for small companies and professionals to offer protection in the event of injury or illness to any member of the public and/or loss or damage to their property Visit site

If your business is responsible for injuring a third party, public liability insurance will cover any related costs that are incurred – from compensation to legal fees. As these charges can in some circumstances be considerable, public liability insurance helps to protect businesses from any unplanned financial exposure that could have devastating effects. It also provides protection to the third party by ensuring that they can claim compensation where appropriate.

The level of cover required will depend upon the nature and scale of your business with £2 million being a relatively common minimum. Premiums will also vary depending upon the nature of your business.