Public Liability And Property Damage Insurance
- Over 6,000 Occupations Covered
- Competitive pricing with our Price Promise
- Flexible payment options – monthly or annually
Compare quotes from our trusted insurance partners*:
Public Liability Insurance Explained
... cover for product liability. Related: What does Public Liability insurance cover? What does Public Liability insurance typically not cover? Personal injuries to you or your employees Damage to your own property Costs of ...
read morePublic Liability
... , community and their property. Public Liability Insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as ...
read moreWhat does Public Liability Insurance cover?
What does Public Liability insurance* cover? Public Liability insurance provide s cover for your business if a customer, supplier or a member of the public is injured or sustain s property damage due to your negligent ...
read moreHow much does Public Liability Insurance Cost?
... injury or property damage that may be caused by the products they manufacture or sell, under the liability provisions of the Australian Consumer Law. How much do Tradesmen pay for Public Liability Insurance? There are ...
read morePublic Liability Insurance In Rockhampton
... Rockhampton businesses Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result ...
read morePublic Liability Insurance In Port Macquarie
... Macquarie businesses Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result ...
read morePublic Liability Insurance In Perth
... * for Perth businesses Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result ...
read morePublic Liability Insurance In Mandurah
... Mandurah businesses Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result ...
read morePublic Liability Insurance In Hobart
... for Hobart businesses Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result ...
read morePublic Liability Insurance In Darwin
... for Darwin businesses Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result ...
read morePublic Liability Insurance In Brisbane
... Brisbane businesses Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result ...
read morePublic Liability Insurance In Adelaide
... for Adelaide businesses Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public is injured or sustain property damage as a result ...
read moreHow much Public Liability insurance do I need?
... for compensation due to damage to property owned by a third party due to your negligent business activities; and Legal and defence costs associated with a covered claim Many public liability policies also provide cover ...
read morePublic Liability vs. Professional Indemnity insurance: What’s the difference?
... is Public Liability insurance*? Public Liability Insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as ...
read more5 tips for getting the best Public Liability insurance for your business
... your customers with Public Liability insurance . It offers protection should a customer, supplier, or even member of the public, sue your business for personal injury, death, or damage to their property. And whilst you ...
read moreDo I Need Public Liability insurance?
What is Public Liability Insurance? Public Liability Insurance is a type of insurance designed to protect you and your business against claims of personal injury or property damage sustained as a result of your business ...
read moreDoes Public Liability insurance cover employees?
... does Public Liability insurance cover? Public Liability (also referred to as Personal Liability) covers you and your business if you are held responsible for personal injury to a third-party, or damage to their property ...
read moreHow much does Public Liability Insurance cost for Tradesmen?
... Public Liability (PL) insurance , but deep down you know it's the smart thing to do. It protects you financially if you hurt another person or damage their property ... , including: The type and nature of your business, ...
read moreNew Public Liability-1b
... , community and their property. Public Liability Insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as ...
read moreNew Public Liability-1a
... , community and their property. Public Liability Insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as ...
read moreNew Public Liability-1c
... , community and their property. Public Liability Insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as ...
read morePublic Liability Insurance NSW
... needs to consider. Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result of ...
read moreA sole traders guide to understanding Public Liability Insurance
... or member of the public) Damage to property owned by a third party due to your negligent business activities Legal and defence costs associated with a covered claim Your Public Liability insurance policy will typically ...
read moreLegal Requirement for Public Liability Insurance
... of risk and should have a public liability policy of some nature. What Does Public Liability Insurance Cover? Broadly, public liability insurance covers loss or damage to property, injury or death and other negligent ...
read moreWhat tradies need to know about Public Liability Insurance
... is Public Liability insurance? In a nutshell, Public Liability insurance * is there to protect you and your business if a customer, supplier or member of the public were to injure themselves or experience property damage ...
read moreProfessional Indemnity Insurance And Public Liability Insurance
... have occurred prior to the period of insurance Acts of fraud and dishonesty Accidental injury and property damage ( these kind of claims would typically be covered by Public Liability insurance ) How Much Cover Should I ...
read morePublic Liability Insurance NSW
... - they do happen! Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result of ...
read morePublic Liability Insurance WA
... but they do happen. Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result of ...
read morePublic Liability Insurance QLD
... but they do happen. Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result of ...
read morePublic Liability Insurance in QLD
... business activities Damage to property owned by a third party due to your negligent business activities Public Liability insurance also provides cover for the compensation payments to a third party and legal costs ...
read moreTop 5 reasons for having Professional Indemnity and Public Liability insurance
... work at a clients place or another venue and you accidentally injure someone or cause property damage, you face the risk of legal action. Public Liability insurance protects you against claims from customers or other ...
read morePublic Liability Insurance for Cabinet Makers
... or as a condition of entry to a worksite. If so, make sure you have your Public Liability insurance policy sorted before you pick up the tools and that you have the right level of cover required. What can happen if your ...
read moreClaim for Public Liability
... insurance partners: Public Liability It's important to notify your insurer as soon as possible of all compensation claims made against you for third party personal injury or property damage ... the incident and your comments ...
read morePublic Liability PPC
... claims that are made for personal injury or property damage. Public Liability Insurance does just that. It covers the expense of legal and defence costs; court attendance costs; and compensation awarded, in the event of ...
read moreHow much does Public Liability Insurance Cost for Restaurants & Cafe?
... party personal injury or property damage. Looking at NSW BizCover customers in 2021/22, a business with only one employee could expect to pay around $43 per month for Public Liability insurance, however, employing five ...
read moreFitrec and Health People
... costs and expert fees). Public Liability insurance* is designed to provide protection* for you and your business in the event a customer, supplier or member of the public are injured or sustain property damage as ...
read moreThe risky business of insurance
... must have” insurance: Public Liability - protects against legal and court costs in the event that someone is injured, or has their property damaged while you are providing a service to them. Every business should have PL ...
read moreA sole traders and freelancers guide to business insurance
... . What is Public Liability Insurance*? Public Liability insurance provides protection* for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a ...
read moreInsurance for Carpenters
... for carpenters is Public Liability insurance*. It provides cover for legal fees and compensation costs if a customer, member of the public or supplier sues you for injury or damage to their property as a result of ...
read moreBusiness Insurance
... protection in place should you accidentally cause injury or damage to their personal property. Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or ...
read moreInsurance for Tradesmen
... of a Public Liability claim. Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public is injured or sustains property damage as a ...
read moreEarthmoving and Excavators Insurance
... Public Liability* Public Liability insurance is a common insurance coverage for all types of businesses. It covers legal fees and ... insurance (also known as General Property insurance) covers you for loss and damage to ...
read moreUnderstanding insurance for recruitment consultants
... Professional Indemnity insurance policy: Intentional damage Contractual liabilities Professional fees Known claims and circumstances Fraud and dishonesty 2. Public Liability insurance* Public Liability insurance is one ...
read moreInsurance for Flooring Installler
... for your flooring business. Public Liability helps shield your finances against bodily injury and property damage claims made by third parties. Business Insurance* Business Insurance is an insurance package designed to ...
read moreInsurance for Concrete Contractors
... a member of the public (Public Liability) Accidental third-party property damage claims (Public Liability) Legal costs (Public Liability) Equipment and tools damage or loss (Business Insurance - Machinery Breakdown ...
read moreInsurance for Fencing Contractors
... for events like: Third-party injury claims (Public Liability) Third-party property damage claims (Public Liability) Loss or damage to your tools or equipment (Business Insurance - Machinery Breakdown, Portable Equipment ...
read moreInsurance for Cleaners
... is yes. Thankfully, Public Liability insurance is there to provide protection for you and your business in the event a customer, supplier or a member of the public is injured or sustains property damage as a result of ...
read moreSole Trader Insurance
... to your place of work. Public Liability insurance helps shield your business against injuries and property damage claims brought by these people or other third parties. Public Liability insurance for sole traders is ...
read moreManaging Risk and Liability as a Sole Trader
... against claims by third parties relating to property damage or personal injury caused by your products. Product liability insurance usually forms part of a public liability policy, and the word 'product' will be a ...
read moreInsurance for Consultants
... consultancy services. Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result ...
read more6 ways to prevent customer injury and property damage
... where Public Liability insurance comes into play. It can cover medical expenses if a customer is injured on your premises, provide legal defence if necessary, and even pay for repairs or replacements if customer property ...
read moreDo I need insurance for my market stall?
... be very costly. Most market organisers/owners make it mandatory for stall holders to have their own Public and Product Liability insurance and may request a copy of the policy before you can even set your stall up. In ...
read moreInsurance for Architects
... and the general public. Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public is injured or sustains property damage ...
read moreA Mumpreneurs Guide to Understanding Business Insurance
... with customers and create your products. Public Liability insurance covers legal fees and compensation costs if a customer, member of the public, or a supplier sues you for injury or damage to their property as a ...
read moreInsurance for Engineers
... and the general public. Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public is injured or sustains property damage ...
read moreInsurance for Landscapers
... . That's where Public Liability insurance comes into play . Public Liability protect s you and your business in the event a customer, supplier or a member of the public is injured or sustains property damage as a result ...
read moreInsurance for Retailers
... retail shop owners. Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public is injured or sustains property damage as a result ...
read moreInsurance for Car Wash and Auto Detailers
... s where Public Liability insurance comes into play. Public Liability insurance is designed to protect your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a ...
read moreInsurance for Electricians
... against you for injury or damage to their property as a result of your alleged negligent business activity. Electricians in most states and territories must have minimum levels of Public Liability cover to maintain their ...
read moreInsurance for Handymen
... can go on! Public Liability insurance is designed to cover legal fees and compensation costs if a customer, member of the public or a supplier claims against you for injury or damage to their property as a result of ...
read more5 questions to ask yourself before buying Insurance for your small business
... Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public brings a claim against you due to their being injured or sustaining property ...
read moreInsurance for Gardeners
... must-have by many gardeners. Public Liability insurance covers legal fees and compensation costs if a customer, member of the public, or a supplier claims against you for injury or damage to their property as a result of ...
read moreInsurance for Painters
... creating. Public Liability insurance for painters and decorators is designed to protect you and your painting business in the event a customer, supplier or a member of the public is injured or sustains property damage as ...
read moreInsurance for Concrete Pumping
... Third-party injury and property damage claims (Public Liability) Equipment damage or loss (Business Insurance - Machinery Breakdown, Portable Equipment) Business property damage (Business Insurance - Contents) Unplanned ...
read moreInsurance for Personal Trainers
... , together with medical costs and loss of income. Public Liability insurance offers you piece of mind in the event an unwanted personal injury or property damage claim arises. Business Insurance If you own expensive ...
read moreInsurance for Convenience Stores
... and the general public. Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public is injured or sustains property damage ...
read moreBusiness Insurance in Townsville
... Public Liability insurance* Public Liability insurance is designed to provide protection for you and ... not required. Public Liability insurance helps you manage third-party claims of injury or property damage that could ...
read moreInsurance for Land Surveyors
... . Public Liability Insurance* Public Liability insurance is designed to provide protection for you and your business in the event a client, supplier or a member of the public are injured or sustain property damage as ...
read moreInsurance for Roofers
... fees and compensation costs if a customer, supplier, or member of the public makes a claim against you for injury or damage to their property resulting from your alleged negligent business activity. A Public Liability ...
read moreInsurance for Yoga Teachers
... if one of your clients stretches a bit too far and injures themselves? No matter how carefully you may plan ... cover. Public Liability insurance also covers you for claims relating to damage to third party property caused ...
read moreInsurance for Plumbers
... to consider is Public Liability insurance *. It is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result ...
read moreProfessional Indemnity Insurance
... have occurred prior to the period of insurance Acts of fraud and dishonesty Accidental injury and property damage ( these kind of claims would typically be covered by Public Liability insurance ) How Much Cover Should I ...
read moreInsurance for Glaziers
... , property damage, broken equipment and more. BizCover makes it easy to buy insurance for glass professionals. Get quotes, compare cover, and buy online in minutes. Switch and save today! Did you know? Public Liability ...
read moreInsurance for Lawn Mowing Services
... or you accidentally causing damage to the neighbouring property for a claim to happen. Your Public Liability insurance policy provides financial protection by covering the legal and defence costs, court attendance ...
read moreInsurance for Victorian Plumbers
... of business insurance plumbers need to consider and is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a ...
read moreInsurance for Recruitment Consultants
... damage). A Business Insurance package can also cover your portable equipment, glass and for loss of revenue due to business interruption in specified circumstances. In addition, cover is available for public liability ...
read moreCyber Liability Insurance
... is Cyber Liability Insurance? Cyber Liability insurance* is designed to help protect you from claims and support your ... injury and property damage Prior known facts or circumstances Intentional or fraudulent acts Damage ...
read moreInsurance for Professionals
... damage). A Business Insurance package can also cover your portable equipment, glass and for loss of revenue due to business interruption in specified circumstances. In addition, cover is available for public liability ...
read moreInsurance for Registered Migration Agents
... Liability insurance is an easy choice for Migration Agents. It is designed to provide protection for you and your business in the event a customer, supplier or a member of the public is injured or sustains property ...
read moreBusiness Insurance Savings
... often consider these types of insurance. Public liability insurance Covers you if a third-party claims that your negligent business activities caused them injury or property damage. This includes defence costs cover ...
read moreThe 5 biggest mistakes tradies make with their insurance
... ’t get Public Liability insurance , you could be facing increased risks. You are found liable and are without insurance, you could be out of pocket for hundreds of thousands or even millions of dollars in damages. It’s ...
read moreInsurance for Contractors and Subcontractors
... . And if ... Public Liability coverage , which helps protect you if a third party claims that your negligent business activities caused them injury or property damage. This includes defence costs cover. Business Insurance ...
read moreHow real estate agents could save on their business insurance
... , or you unintentionally damaging their property. This is where Public Liability insurance can help save the day and reduce the impact on your business. Public Liability insurance* protects you and your real estate ...
read moreInsurance for HR Consultants
... Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public brings a claim against you due to their being injured or sustaining property ...
read moreInsurance for the Self Employed
... is Public Liability insurance. Public Liability insurance * is designed to provide protection for you and your business in the event a customer, supplier or a member of the public is injured or sustains property damage ...
read morePublic Liability Insurance Scenario
... needed was public liability insurance or insurance that protects you and your ... business from being found liable to a third party for loss, injury or damage ...
read more5 Things to Consider When Buying Public Liability Insurance
... in place. 4. Take the time to compare quotes There are many options when it comes to purchasing your Public Liability insurance and one thing to keep in mind is the cheapest option may not always be the most suitable for ...
read morePI And PL Insurance
... have occurred prior to the period of insurance Acts of fraud and dishonesty Accidental injury and property damage ( these kind of claims would typically be covered by Public Liability insurance ) How Much Cover Should I ...
read moreThe risks of growing your small business
... primary insurances - public liability and professional ... liability! Public Liability (or 'PL') covers claims against personal injury or property damage to a third party and can include Product Liability to cover damage ...
read moreHow to become a successful consultant in 7 steps
... Public Liability: Public Liability insurance (PL) provides consultants with protection for consultants and their business in the event customers, suppliers, or a member of the public is injured or occurs property damage ...
read moreTop 6 reasons why you should choose a career in disability care
... maintain an adequate level of insurance, including Public Liability insurance (PL) and Professional Indemnity insurance (PI). Find out more about insurance for disability workers and why it matters for your business ...
read moreSalon owners urged to consider combined cover
... of the public, making Public Liability insurance a vital type of cover for beauty salons . It provides cover for legal costs and compensation for claims made against you by third parties for injury and property damage. A ...
read moreWhy personal trainers should think about an Allied Health Combined Liability policy
... of the public, making Public Liability insurance a vital type of cover personal trainers. It provides cover for legal costs and compensation for claims made against you by third parties for injury and property damage. A ...
read moreHidden costs you shouldn't ignore when starting your business
... Public Liability (PL) can cover your legal liability to pay compensation for injury or damage to property ... pick and choose the business insurance policies that you think suit your needs, and you may include PL in your ...
read moreWhy do welders need insurance?
... heat, sparks, soldering, and often heavy machinery. All of ... insurance is Public Liability (PL) . PL provides financial protection for your welding business if you happen to cause injury to a person or damage to property ...
read moreReviews related to Public Liability And Property Damage Insurance
-
Easy very fast and efficient, 1st timer on public liability insurance
Les K
Door Or Window Wholesaling -
I have never purchased public liability insurance so I had no idea about anything. I rang Biz cover and spoke to Patrick who was super helpful and explained everything to me in a simple way that was easy to understand, I believe that I have also received
Simona F
Kitchen / Bedroom / Bathroom Furniture Manufacture & Installation -
seems easy enough to obtain our public liability. Hopefully we are fully covered now.
Natalie R
Commercial Cleaning Services -
Very affordable insurance for public liability. I now use Bizcover for both my fast food business and my contractual training work.
Katrina S
Fast Food Retailing -
very easy to get my public liability insurance done within minutes!! Thanks.
Troy M
Landscape Construction
Public Liability insurance
Public Liability insurance is one of the most common types of business insurances that a variety of different small businesses choose to take out. It is there to provide protection if someone makes a claim against the insured, the business or its employees. Claims from a third-party can be for personal injury or damage caused to their property caused by your business activities.
Here’s the lowdown on Public Liability insurance*
As a small business owner you already have lots to worry about. From paying your employees to getting stock delivered on time to generating new work opportunities – the list is endless! But have you taken the time to think about what an accident involving a third party could mean for your business?
As a small business owner, you have a legal responsibility to take reasonable steps for the safety of your customers, suppliers, community and their property. Public Liability Insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result of your negligent business activities.
Public Liability Insurance also provides assistance with the legal costs associated with managing claims that are covered by the policy.
What kind of businesses need Public Liability insurance?
In a nutshell, if your business is interacting with any third parties like customers, suppliers and members of the public on a regular basis, then you may need to consider Public Liability insurance. The chance of Public Liability insurance claim can be hard to predict, but if it were to occur, the costs to your business could be extremely costly and potentially enough to send you out of business.
An example of some of the typical types of businesses that may take a Public Liability insurance policy include:
- Trades
- Professionals
- Wholesalers
- Manufacturers
- Travel and tourism
- Office based
What is typically included?**
Compensation for:
- Compensation costs for the personal injury suffered by a third party (e.g. a customer, supplier or member of the public)
- Compensation for damage to property owned by a third party due to your negligent business activities
- The legal and defence costs associated with a covered claim
- Compensation for damage of third-party goods not owned by you which are in your care, custody or control
What is typically not covered?*
- Injuries to your employees
- Damage to your own property
- Costs of rectifying faulty workmanship or product recall
- Professional negligence
- Contractual liability
- Events occurring before or after the policy period
- Aircraft products
- Asbestos
- Liquidated damages
- Gradual pollution
- Punitive damages- where the insured acted so badly that extra damages were awarded
- Liabilities assumed under contract which the insured would not be liable for at common law
Get the right cover
Your Cover Options
With BizCover you can choose from 3 limits of liability (levels of cover): $5million, $10 million or $20 million.
Policies are tailored to the unique needs of individual businesses. One business may require a different amount of cover compared to another.
When deciding on how much cover you should have a think about factors like:
- Do any of your contracts require a minimum level of public liability cover?
- Has your industry body set a minimum level of public liability cover for membership?
- Does your business or trade licence require a minimum amount of public liability cover?
- What kind of accidents could occur due to your business operations and what could be the potential cost of a claim?
Why choose BizCover for your Public Liability insurance?
Built for small business
We know insurance and what makes small businesses tick
Clear and competitive pricing
You can compare and choose from a range of highly competitive prices right there on your screen. Seriously.
Cover to match your needs
You can tailor policies from selected Australian insurers to suit the needs of your business, and we are there to help!
Real people adding real value
Our friendly service team is on hand and on a mission to make you smile!
Frequently Asked Questions on Public Liability Insurance
Small business owners on average in the 2018/19 Financial Year paid around $63.53 per month^ for Public Liability insurance through BizCover. Public Liability Insurance is one of the most common types of insurance for businesses.
When it comes to the pricing of Public Liability insurance, there isn’t a one price fits all. There are a variety of industries and occupations, each with different risk factors that can impact the pricing greatly. Some of these key factors include:
- The type and nature of your business
- Your business turnover and size
- The amount of insurance cover your business needs
Additional factors that determine the cost of your Public Liability insurance policy include:
- The location of your business
- What is included and excluded in your policy
- The insurance provider you choose
The most accurate way to find out the cost for your business is to simply get an instant online quote.
| *We know, sometimes you just want a quick idea of how much your insurance is actually going to cost. However, it’s important to note that the data included within this article was sourced from BizCover’s Australia wide customer data for all “pay by the month” public liability policies purchased through BizCover during 2018/19 Financial Year and is intended as a guide only. It may not reflect pricing for your particular business as individual underwriting criteria will apply. Get a hassle-free quote for your business here. |
Public Liability insurance is designed to provide protection* for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result of your negligent business activities.
While it is not a legal requirement in Australia for most businesses, there are some situations where it may be mandatory for you to have you an active Public Liability policy before you can operate. For example, it may be a contractual requirement to have before you are allowed “on site”.
No matter how much care you may take, if your business interacts with clients, suppliers or members of the public, there is always the potential for a claim to occur.
You may need to consider Public Liability cover if any of the following apply to your business:
- You have customers, suppliers or members of the public who visit your business premises, e.g. diners who visit your cafe, or clients who visit your office, whether in a commercial building or home-based office
- You manufacture and/or sell any kind of products, e.g. food, beauty products, furniture, clothing or household items
- Working at your client’s site, e.g. a tradesperson carrying out repairs or work in other people’s homes
- If your business hosts or participates in public events, like a stand at a tradeshow attended by members of the general public
One of the first things to consider when calculating which level of Public Liability insurance your business may need is to think about the risks your business faces and any industry or contractual requirements involved.
While it would be nice to be told the exact amount of cover you should have, the decision is ultimately up to you.
If you work with contracts, these commonly stipulate the minimum amount of Public Liability cover your business must hold to comply with the contract. Professional bodies and industry associations may also require members to maintain a minimum amount of Public Liability insurance to become a member or to meet licensing requirements.
Take the time to consider the amount of work that you perform and the appropriate amount of financial protection you would need in the event a Public Liability claim is made against you.
With BizCover there are three levels of cover (limits of liability) available to select: $5 million, $10 million or $20 million.
The appeal of having the freedom to be your own boss is why so many Australians operate as a sole trader, but it is not one that comes without its own risks. Unlike working for a company, the reality is when things go wrong and a claim is made, you could be held responsible and it’s your back pocket that could be left financially destroyed.
An unplanned event could not only put your personal finances in havoc, but you could end up shutting up shop for good. Fortunately, with the right insurance in place, not only will you have a solid financial safeguard in place, but protection for your hard-earned reputation too.
Public Liability insurance is a popular type of insurance amongst sole traders. As a small business owner you have a legal responsibility to take the right steps to create a safe environment for third-parties when they interact with your business.
Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public become injured or sustain property damage as a result of your negligent business activities.
The short answer? No. Each type of insurance provides specific cover for very different kinds of business risks.
Business insurance* is an insurance package designed to provide cover for your business contents, stock, tools and commercial premises when an insured event occurs (such as fire, storm, theft or even accidental damage). A Business insurance package can also cover your portable equipment, glass and for loss of revenue due to business interruption in specified circumstances. It also offers the option of selecting public liability cover but that is not automatically included.
Public Liability* insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public are injured or sustain property damage as a result of your negligent business .
If your business manufacturers or sells products you may also need to consider Product Liability insurance. Product Liability insurance* protects your businesses against claims by third parties relating to property damage or personal injury caused by your products. It typically forms part of a Public Liability policy.
Public Liability insurance can be purchased as a stand alone product or as part of a Business insurance package.
One of the first steps you need to take in lodging a claim (or to report a circumstance which may lead to a claim) is to complete a claim form – please click here to download.
To assist with the processing of your claim and to avoid delays, please attach all the supporting documents you have, which may include original invoices, receipts, manuals, pictures, reports and replacement quotes.
Once you have completed the form, email it to: claims@bizcover.com.au and we’ll manage the process directly with the insurer.
Public Liability and Professional Indemnity insurance both offer different types of cover, for different kinds of risks your business may be exposed to.
Public Liability insurance is designed to provide coverage for legal fees and compensation costs if a customer, member of the public, or a supplier claims against you for injury or damage to their property as a result of your alleged negligent business activity*.
This differs from the type of coverage Professional Indemnity insurance* provides. Professional Indemnity insurance focuses on protecting you against losses claimed by a third party due to alleged or actual negligence or errors in your professional services or advice. Professional Indemnity insurance will meet the associated compensation payable to a third party together with your defence costs (which can include legal costs, investigator costs and expert fees).
If your business requires having clients visit your premises, or you going to visit them, providing your advice and services, then Public Liability and Professional Indemnity insurance may be two important forms of coverage your business needs to consider.