What to Know About Public Liability Insurance

Public liability is a vital form of insurance for many businesses. Companies that interact with the public are exposed to potential hazards that a general liability policy will not cover. Here are the important facts about public liability insurance to help you determine if it is a necessary policy for your business.

Customer-Facing Coverage

Public liability is important for any business that deals with customers in person. It is also crucial for a company that has foot traffic moving through business-owned or contracted property. A PLI policy should be purchased if your business includes one of the following professions:

  • Hairdressers
  • Retailers
  • Builders
  • Manufacturers

If you conduct business similar to one of these professions, or you specialize in an industry that interacts with a third party, contact an insurance provider to find the right PLI policy for you.

Customer and Third-Party Protection

A PLI policy is vital since it covers liability with parties that are not employed by the business. Some of the main protection provided by a PLI policy can include:

  • Cost of repairs
  • Legal expenses
  • Medical fees

PLI is essential for any business that exposes non-employees to damage or injury. Investing in a public liability insurance policy is the best way to protect your business along with the general public.