Public Liability Insurance - The Basics

This article is going to take you through the world of Public Liability Insurance including what sort of things are covered in a policy, why you would need to get this type of policy and the sort of trades/occupations that you would need cover for.

First of all let me make this point clear, if you are a single person working alone (for example a single builder or bricklayer) then this is not an insurance policy that is required by law but it is one that you should seriously consider getting before starting work so that you yourself are covered for the work that you will undertake, however if you are a single person at the top of a company that has employees then this is required by law along with Employers Liability Insurance which you can only get together with Public Liability Insurance.

Public Liability Insurance is designed to cover a tradesmen throughout the course of their days work including covering them against any instance of third party property damage or even third party injury, in both of these cases the third party mentioned would be the person you are working for or the property that you have been asked to work upon. These are the main covers that you receive on this type of policy which is why £1,000,000 worth of cover can start from as little as £44.63 for a year of insurance cover.

The third party property damage is the first thing that I would like to talk about including a couple of examples of when this can happen and the things that would be covered. If a carpet fitter was going into a clients house and was to knock over a vase or an expensive antique whilst carrying the carpet through then they would obviously have to pay to replace it hence the insurance and another thing is if a roofer was working on a house and dropped a tile off the roof an it damaged the third parties property in any way then this insurance is there to protect.

Third party injury is the other main thing that you would get Public Liability Insurance to guard against and a good example of this is if a workmen, while in the course of his work, left a tool lying around and the client was to trip over this and injure themselves then the insurance would be there to help. Public Liability Insurance can be obtained for many trades such as builders, Bricklayers, Carpenters, Painters and Decorators, Alarm Installers and Plumbers and many, many more.

I hope that this article has helped you and that those of you who are tradesmen realise exactly why something like this can be very beneficial to have and for a tradesmen working alone then it should definitely be something that you give serious consideration too so that in the case of any of the above happening you are not left to pay out of your own pocket when you could get covered for such a low premium.

For more information you can visit this website on Public Liability Insurance

General Contractor Liability Insurance

Normally, it is difficult for general contractors to work without general insurance. General contractor liability insurance is intended to guard operators and owners of companies from claims that may come from a broad spectrum of sources. These exposures could be just about anything, including liability engendered by accidents from the operations of the insured party, contractual liability, products manufactured by the insured party, etc.

The liability you select, whether it is one, two, or three million dollars, determines the cost of general contractor liability insurance. Also factored into the rates the rates are the kind of work undertaken, gross receipts and total payroll expenses. Similar to auto insurance, when it comes to general contractor liability insurance, you will first have to make a down payment and then follow it up with installments. Before buying general contractor liability insurance, it is best to compare the quotes available in the market.

It is the general contractor's job to make sure that the people working under him are covered by an insurance policy. If for example, a person who is not a part of the project gets injured, the injured person's lawyer can target just about anyone involved in the project. The more individuals that are involved, the greater the chances of a successful lawsuit.

The General Contractor will have to make sure that all his subcontractors have general liability insurance. If they have the necessary insurance the liability exposure, and the insurance rate, is distinctly reduced. Generally, the subcontractor is not considered an employee; he is an independent worker. So, the contractor is not liable for his subcontractor's mistakes. Still, a lawyer worth his salt can find ways to charge anybody working on the project with negligence. Thus, liability insurance for everyone becomes imperative.

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Why Do Tradesman Need Public Liability Insurance?

An area being talked a lot about at the moment is Public Liability Insurance and for those of you that don't understand or know about it, I will provide a brief explanation for you. Public Liability Insurance is cover for tradesman to protect them in the course of their daily work for any Third Party Property Damage or Third Party Injury that they may cause whilst undertaking their job.

Now the explanation is out of the way I will try to explain exactly what this Insurance can cover you for and why tradesman need it whilst they work. First of all I would like to make it clear that this type of insurance is not legally compulsory and is therefore something that can be overlooked by many. However, with the cover that it provides, more and more people are insisting that anybody who works on their property are fully covered by this so that if something bad was to happen, they know that they will be able to claim back on the tradesman's Public Liability Insurance. Also if you are going to work on a building site then the head contractor will usually insist that you cannot work or be paid until there is an insurance policy in place.

There are hundreds of trades that can be covered under a Public Liability Insurance Policy ranging from a Hairdresser or Beautician to a Roofer or Electrician and everything in between. Each trade is rated differently depending on the damage that could conceivably be caused during the line of work, for example a roofer is a highly rated trade as where they work high up then things like falling tools could be something which could happen either on to a person below or even a car which could cause some considerable damage falling from that height.

One of the other main explanations of what you would be covering with this type of policy is say a carpet fitter was about to lay a new carpet and whilst they were bringing the roll of carpet into the property they knocked a rare painting off the wall or knocked a vase off a table then obviously they would be liable for the cost of repair or the replacement of these articles and the Public Liability Insurance can cover this.

The final explanation that I would like to talk about is something that seems to be happening regularly these days and that is injuries caused by tradesman such as builders or bricklayers leaving their tools lying around and someone else tripping over them, of course if the person has a bad fall then they could break a bone and be out of work for some time and they will obviously hold the person who left the tool lying around responsible. In this instance the claim could be quite costly; this is why the limit of Public Liability Insurance you can get is £ 1,000,000, £2,000,000 or £5,000,000 which will cover almost anything that could happen.

To summarize although this is not a legally needed policy it is surely one that all tradesman can not do without as we can never tell what will happen during the course of a days work and accidents will happen, so why not get that extra protection just in case something like the above does happen.

For more information on Public Liability Insurance for tradesman.