What is Public Liability insurance?

If your work means you come into contact with members of the public and their property - and that includes customers - then you really should have Public Liability insurance. Without it, you could face losing your livelihood. Public Liability insurance covers you if you’re unlucky enough to injure someone or damage their property, and they sue you for compensation. As well as the amount of compensation involved, you’d probably be liable for their legal costs too; all in all it could be a significant amount, which you might only raise by selling your business – unless you have Public Liability insurance.