Find the Best Public Liability Insurance

Before buying any type of insurance it always pays to shop around. The market place is full of companies wanting to sell you insurance for all sorts of things so do your research and make sure that you get the best policy for your business at the best price.

The insurance industry is regulated by the Financial Services Authority (FSA). Who hold an online register of all registered insurance advisers who are able to offer advice about the different insurance products which may be suitable to you and your business.

Not all insurance policies are the same so take a look at the table below for tips on features which are worth considering when comparing Public Liability Insurance;

Feature	Description	Comments
Trade	Make sure the insurance provider understands your business.	The type of business will have an impact on the premiums payable for the insurance.
History	Insurers will consider any previous claims made by the business owner as well as claims made by other businesses within the same industry.	If it is found that there are a high number of claims made within a particular industry it may well raise the premiums as the risk factor is considered greater.
Exclusions	Some insurers will have exclusions in their policies.	Check what exclusions are listed, if a policy has lots of exclusions this could make it appear considerably cheaper than others.
Benefit	Most Insurers will provide a minimum cover of £1million. £2 million, £3million and £5million liability cover is also available.	The amount of liability cover should be checked, as some local authorities and other companies often state their preferred minimum amount of liability.

In the UK alone, there is over £1BILLION paid in public liability claims each year!

By doing simple searches on the Internet it is possible to find numerous suppliers of Public Liability Insurance. There are even brokers who can source several competitive quotes from various insurers. A list of brokers located in your area is available on the BIBA website, and all registered Financial Advisers are listed on the FSA website.

Guide Contents

Public Liability Insurance
Finding the best Public Liability insurance
Frequently asked questions about Public Liability insurance
Where to get more help about Public Liability insurance

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