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Public Liability Insurance - Do I Have To Have It By Law?

We hear many horror tales through the media about individuals being injured or having their house or their automobile harmed as a result of accidents including tradesman. There are many things that can fail.

If you are a gardener or painter & Decorator, - you could think that your company is reduced danger and there are really only a couple of things that might take place to leave your business exposed. Have you considered that you might make use of a power tool that blows the electrics causing hundreds of pounds of damage to electrical equipment in the customer's home? Have you thought about that if your client was to trip over a tin of paint and collapse the stairs you could be qualified to pay payment for any injuries caused and any loss of earnings for the client as a result of those injuries?

One of the UK's best known insurance companies is Direct Line and they currently have a price match guarantee on tradesmen insurance, i.e. they will beat any price for the equivalent product (new customers only). You can check out their offering Click Here

Most individuals associate Public Liability Insurance to more high risk trades such as Gas Fitter's and Electrician's for evident reasons - and whilst it is essential for those trades to be sufficiently insured, it is necessary for anybody working with, and around the general public to be insured. Public Liability Insurance can be able to be low cost and is straight ranked to the risk of the trade. Gardeners and handymen might expect to pay significantly less than gas fitters for instance - the dangers are various.
Sadly we live in a time wherein people search for needs to claim for settlement and utilize the tiniest of errors to make complaints - any sole trader or company owner who wants to risk their credibility and monetary future 'trusting' their clients not to journey over their a wire, or slip on a damp surface and attempt to cases hundreds and countless pounds in damages - could be viewed as foolish?

With premiums for Liability Insurance beginning at around £56 per year, it is an unnecessary risk; There are numerous insurance companies that offer detailed liability policies to fit your trade and needs completely. You will be able to get quotes online and over the telephone rapidly. You could even find that a few of your clients will ask to see a certificate of insurance prior to they accept become part of an agreement with you, this is completely acceptable and is fast ending up being the 'standard'. Clients want to see to it that if anybody is hurt, or any property is damaged - the tradesman is insured sufficiently to cover the damages.

Don't be the product, buy the product!