What is Public Liability Insurance for builders?
Working in a hazardous sector, things going wrong could seriously affect your business financially. Public liability cover can protect you financially if someone makes a claim against your business should the worst happen and give you peace of mind that if someone does have reason to claim, your business can continue to run without worrying.
Here's what it could cover:
1) If someone makes a claim because they were injured as a result of proven negligence from your actions. Say a member of the public trips over equipment you've left on a pathway and gets hurt.
2) If someone is injured due to work you have carried out. For example, a customer falls down their stairs because the bannister wasn’t completed properly.
3) If someone's property is damaged due to you or your employees. For example, you drop a drill on a customer’s brand new porcelain bath and it now has a crack through the middle.
Depending on the specifics of your policy, public liability can cover defence costs incurred in the process, any medical costs and other reasonable expenses that the injured person may claim.