Public Liability insurance is designed to cover your legal liability to compensate others for personal injury or damage to their property.
Every tradesman, company & property owner should carry appropriate Liability insurance. The premiums are based upon the activity, trade, the business or profession.
If you can minimise the risk with excellent health and safety procedures in place, bespoke risk assessments and demonstrate a good attitude to risk management, then the premiums will be reflective of this.
If you make or manufacture goods and an injury or damage is caused by products or services you have sold or supplied, you should consider and arrange Product Liability cover.
If you provide advice, design, or give training then you may require Professional Indemnity Insurance. If you install service or supply products that could have serious consequences if they fail, then you may need efficacy cover.