What Could Go Wrong If I Don’t Have The Public Liability Insurance?

Professional Public Liability Insurance is a type of insurance that covers the cost of third-party claims for loss or damage caused by your business. The costs associated with Public Liability Insurance for your Business can vary significantly depending on what kind of business you run and how likely you are to get sued by other people.

But it’s always worth taking out cover if you can afford it, as this could help protect your assets against expensive lawsuits if anything goes wrong while you’re running your company.

You could lose credibility

If you don’t have Insurance For Business Assets and one of your customers gets injured on your premises, then you could lose credibility with that customer.

Suppose an employee has an accident at work. In that case, it is crucial to them that they know their employer has taken the necessary steps to protect them from injury and loss of income through purchasing public liability insurance.

If a business partner suffers damage while visiting your premises (for example, because of tripping over a pothole), they may not want to do business with you in the future.

You could lose more than just your business.

In the event of a claim, your business could lose more than just its assets. You could also lose your reputation and ability to trade.

Many businesses fail because they don’t have the correct public liability insurance coverage in place. This can lead to a loss of income and expensive legal costs – or worse still, if you are found guilty of negligence or misconduct, your livelihood will be at risk.

Public Liability Insurance is a type of insurance that covers your business against claims made by members of the public as a result of an accident at your premises. It also covers your legal fees and any other costs incurred in defending yourself against a claim.

Public Liability Insurance is usually mandatory for some businesses, such as retailers, restaurants and event organisers. It’s strongly recommended for many others, such as builders or those who run fitness clubs or gyms.

How does it work?

Public Liability Insurance covers you if someone makes a claim against your business because they were injured while on your premises or because their belongings were damaged while they were there (for example if they tripped over something).

The policy will pay out compensation to those who have suffered a loss due to an accident caused by one of your employees during the course of their employment (or during rogue behaviour outside working hours).


The decision to take out Public Liability Insurance for your Business is not one to be taken lightly. It’s important that you understand what you can and can’t do with this type of cover and how much it will cost.

If you don’t have a policy already in place, then it might be time to talk with an insurance broker about getting one today!

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