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Public liability insurance is important because it is designed to protect a self-employed tradesman such as contractors, plumbers, electricians, nurses and personal trainers to name just a few of a long list naming a wide range of trades.

Self Employed Public Liability Insurance covers all company types which include limited liability companies, sole proprietors and partnerships. Coverage is also extended to varied trades and professions. Damages to goods or materials in transit which pertain to the business are also covered under a self employed public liability insurance policy. A self employed public liability insurance policy can be written in various levels of coverages based on the type of business and potential of risks involved in the day to day running of that business.

Public liability insurance is not required, but is highly recommended for the business owner to protect their business and assets from large amounts of damages due to legal claims brought against their business.

A small self empolyed business owner, sole proprietor, a director of the company or even just an employee a risk for blame for injury to a third party, such as a member of the public or damages to the customer’s property exist. The main question a business owner should ask themselves when comtemplating whether to purchase a polcy is if their business involves selling goods or performing services to the general public and/or other businesses. If the answer to this question is yes, then an insurance broker would strongly suggest to the business owner that a self employed public liability insurance policy be obtained in order to protect their business and personal assets against any third party claims.

The law will normally hold a business or individual responsible for payment for losses which were caused by a business or its employees. If a business does not carry a policy then the responsiblity for these payments fall on the business or the sole proprietor. These losses could cause a business to close their doors, force the sale of a home and loss of any other assets.

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