Your Essential Guide to Public Liability Insurance

Have you recently taken the plunge and set yourself up in business for the first time? If you have, let us congratulate you on joining the brave but growing band of small business owners.

Whether you’ve chosen the self-employed route or have established a limited company, these are exciting times for you. But alongside the exciting tasks, such as choosing a company name, there are some dull things to think about too, like buying business insurance.

Here we take a look at one of the business insurance products you should consider – Public Liability insurance.

If you run your own small business, you should consider protecting it with Public Liability insurance

What is Public Liability Insurance and what does it cover?

Public Liability insurance protects you in three key areas:

If a member of the public gets hurt on your premises

With Public Liability Insurance you will be protected if a third party is hurt or injured while they are visiting your business premises. For example, if one of your suppliers trips over a wire and breaks a leg or a customer slips and falls on a wet floor and hurts their back, your Public Liability insurance will cover any claim for compensation they make against you.

If property belonging to a third party gets damaged on your premises

Your Public Liability Insurance will cover you if something belonging to a third party gets damaged while they are on your business premises. If a visitor comes to your offices for a meeting and their laptop get broken accidentally while you are together, your Public Liability will cover the cost of getting it repaired or replacing it with a new one.

If you damage property belonging to a third party at their premises

Depending on the work you do, you may have to visit third party business premises from time to time, whether that’s for meetings or to undertake work for them. If you accidentally damage something that belongs to them while you’re visiting their premises, your Public Liability insurance will cover the cost of putting it right again.

How much does Public Liability Insurance cost?

Without Public Liability insurance, you would have to cover the cost of any claim for damages or compensation brought against you by a third party if you were found to be liable. And yet, Public Liability insurance is not expensive to buy. The cost of cover does depend on what you do and the risks to which you are exposed. However, for most businesses it is one of the most affordable insurance products you can buy.

Most insurers offer four levels of cover – £1 million, £2 million, £5 million and £10 million. The difference in cost doesn’t tend to be that much so it should be affordable at whatever level you choose.

Public Liability Insurance from Tapoly

Tapoly offer flexible Public Liability insurance for small businesses, sole traders, freelancers and the self-employed. Why not find out more and get a quote today?

If you have any questions or would like to discuss your options please contact our Tapoly team at, call our help line on +44(0)2078460108 or try our chat on our website.