Liability Insurance Explained

If you are a business owner, especially in the construction industry, you should consider taking out various types of liability insurance with us to protect your business. Therefore, to make sure your business is protected, you should first understand the various types of liability insurance which we provide whilst you should also consider the benefits to both your employees and the members of the public. Indeed, it should be noted that the various types of liability insurance are not legally required if you operate a construction business. However, if the activities conducted by your business could potentially interact with the general public, then it is beneficial to take out the right kind of insurance with us which can protect your business against any potential liabilities for damages or injuries which could be caused on a construction site.

Types of coverage

Taking out liability insurance with our company will cover your business for a variety of eventualities and is especially important to prevent any claims by the general public or employees for damages or injuries which happened as a direct result of the activities of your business. Indeed, if you are looking for builders insurance to protect your employees, then you should consider contacting us online for more advice.

When you need insurance

Actually, there is no legal requirement for a business to take out any kind of public liability insurance. However, if your business activities involve a number of different tasks, especially involving any kind of building activities, then you should consider taking out construction insurance with our company to prevent any liabilities in the future. This is especially important if your business conducts any of the following activities:

·        construction work in a public place

·        building work at a specific location

·        receiving visitors or deliveries on site

Furthermore, if your business is covered by liability insurance, then you can rest assured that in the event of any accidents or injuries occurring, then our insurance coverage for your business will not result in you being liable for compensation.

Employer’s liability

In addition, you should also consider whether you need employers liability insurance as well as public liability insurance to protect your business from any claims of compensation by injured parties. You should also consider whether you need our contractors insurance which can also protect your business in the event of a claim being made for damage or injury.

Choose how much liability insurance you need

Lastly, determining how much liability insurance your business should take out with us is another important factor when considering the various options which we offer. Indeed, several factors can influence the amount of liability insurance you need to take out which include:

·        the number of employees as well as the size of your business

·        the right level of cover you need

·        the amount of public engagement

·        the level of risk in your business

It is common sense to make sure that your business, employees and the general public are protected by taking out various types of liability insurance. This is especially important should any party make a claim against the company.

You can visit us at Church Road, Lowcroft, Wombourne, Wolverhampton, West Midlands, WV5 9EZ or contact us online, or failing that, you can call us on 01902 324 194 during office hours for advice about the various types of insurance which we offer and to make sure that your business is covered to prevent any legal issues from occurring in the future.