A simple definition of public liability insurance is something that will protect you if there is any claim against you or your company because of damage to property, or personal injury to people in your running business.
Public liability insurance will cover you from legal fees if someone decides to sue you. Instead of having to pay from your own pocket or the cost of your business, the insurance company will compensate you for all damage claims. You can also visit https://www.bourkelove.com.au/ to know more about public liability insurance and to get the desired services related to insurance.
Image Source: Google
They will appoint a lawyer to defend you in the event of a lawsuit and as you know, legal fees can be one of the biggest costs in the dispute.
Who Should Have Public Liability Insurance?
If you have a business or service, the costs that you can incur from accidents or injuries can be high and for many people having this protection is good business practice. In some fields of work, companies will not deal with organizations that do not have appropriate public liability insurance.
The public wants to know they are protected and you must want to protect the public. Whether you have a shop or a construction business, having public responsibility must be your top priority.