What is Public Liability Insurance?
For example, if you own a beauty salon and one of your customers is burned accidentally with hair straighteners, he or she may choose to take legal action against you. With public liability insurance, the legal and compensation costs would be covered by your policy. It does not just apply to incidents that occur on your business premises, but also as part of the day to day running of it. Taxi drivers, whether self-employed or working for a firm, could be involved in an accident in which case public liability insurance would cover any medical costs or claims made by your passenger. Furthermore, if there is an incident involving a pedestrian rather than a customer, the same costs would be covered by a public liability insurance policy.
Anyone who works with or in close proximity to members of the public will benefit from this type of cover. No one can predict when an accident will occur and, even if you do everything you can to prevent it, there are still risks. Better planning can help you defend yourself against even the most apparently baseless claims.
Why do I need Public Liability Insurance?
If you run a business that deals regularly with members of the public, it is highly advisable to take out a policy that includes public liability insurance. There are many ways members of the public could become injured or ill at any business premises, which is why it is so important to be fully protected.