If you are looking for liability insurance cover for your company, Warrings offer a number of products through our arrangements with some of the country’s largest insurers.

What is public liability insurance?

Public liability insurance cover protects your business against claims from third parties who are not employees but might have been injured or suffered property damage while work is being carried out by your business. In the emerging compensation culture that is evident in the UK, billions of pounds are paid out each year in public liability insurance claims. Failing to be covered is known to put thousands of firms out of business each year. Many lawyers have taken on cases under ‘no win no fee' arrangements, offering those with potential claims easy access to the legal system. It is this increasing access to the judicial system that has led to public liability cover being seen as an essential insurance for businesses, contractors and freelancers.

Insuring for public liability risks

Typical claims for compensation from public liability cover include slips, trips, falls, injuries from faulty products, collisions with cars, getting burned, or other forms of injury. If the accident was caused by someone else, it is possible that a claim for compensation can be brought. While the law does not require this cover, the cost of claims can make it essential to purchase a policy. Business owners could be held responsible for damages amounting to thousands or even millions of pounds. If you are pursued for compensation but have no cover, you may be liable for the full amount of a claim that you are unable to pay. If that happens, you risk losing your business and home, as well as other assets of value. While cover cannot prevent your company being sued, public liability insurance provides financial protection should claims be awarded against you, including meeting legal costs which can be as expensive as damages claims.

Public liability insurance from Warrings

Warrings is a leading UK insurance broker with helpful staff able to promptly arrange public liability cover for your business. Call us now on 0844 209 0566 to speak to someone immediately about your requirements. Alternatively, enquire online and we will call back at a time that is convenient for you.