Don’t fall into the trap of thinking that because you’re a small business, you don’t need public liability insurance. Accidents could be as simple as spilling paint on someone’s carpet while working as a painter and decorator. You’d be deemed liable for putting this right, which could involve the cost of replacement carpets, the labour to fit them and compensation for any inconvenience. If you drop equipment onto someone’s foot and cause an injury, consider the cost of legal fees, specialist medical treatment and any after care that might be required. Having public liability cover in place could save you a lot of time and money.
Public liability insurance should also cover you if you take your business on the road, say you host events or activities in connection with your work. And if you want to set up a market stall or become a regular at a craft fair, then you might need public liability insurance before you’re given a pitch.
Be aware, though, that if a member of your staff (full-time or temporary) or someone on work placement makes a claim against you, this will fall under your employers’ liability insurance.