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Liability Insurance Explained

Mon, 23 Jul 2018 09:23:52 GMT

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.

Tailored Commercial Insurance Solutions for a Range of Industries

Mon, 23 Jul 2018 09:08:43 GMT

Every business is unique in many respects, and regarding insurance, you need to ensure that you are covered for every eventuality. If you are in the construction industry, for example, there is a constant risk of injury to all the workers,especially those working at height, and at OnSite Insurance, we have tailored comprehensive policies that are specifically designed for those working at height. Many contractors are looking for construction insurance that also covers any self-employed workers they might wish to use, and at OnSite Insurance, our comprehensive working at height policy gives you real piece of mind, as your directly employed staff and any subcontractors are covered by the same comprehensive policy.

Legal Requirement

As you probably know, builders’ insurance is compulsory for all construction employers, which covers any claims made by injured parties, and the reason this cover is compulsory is to ensure that any person who suffers an injury will be compensated fairly. A personal injury claim could run into millions of pounds, and without adequate insurance cover, a case such as this could force a business to close, and with the minimum cover at 5 million pounds, this ensures that any injured party is covered.

Comprehensive Working at Height Cover

Every builder should have adequate insurance for all their site workers, and at OnSite Insurance, we’ve got you covered no matter what. Whether working on a scaffold tower, ladder, or pair of steps, our comprehensive working at height policy is the only insurance you need, and aside from meeting the legal requirements, this policy covers any employee - direct or subcontract – that has an accident while working above ground. This policy is ideal for roofing contractors, as it covers ever eventuality, and we can tailor the cover to include other situations, should it be required.

Employers’ Liability Insurance

Even though it is a legal requirement for every employer to take out adequate employers’ liability insurance, and the minimum cover is 5 million pounds (most contractors take out a lot more), and it matters not whether your business is a limited partnership of you are a sole trader, we can tailor affordable employers’ liability insurance, which can be coupled with the public liability cover that is also compulsory for all registered businesses. Public liability insurance covers youir business against claims made my members of the public for both personal injury and property damage. It might be a customer who injured themselves at your business premises, or even a passer by who is hit by falling debris on a construction site, and as a business owner, it is your responsibility to protect your company in the event a person makes a claim for compensation.

Contracts Insurance

Rather than taking out a policy that covers you for any eventuality, it is often wiser and more affordable to take out a comprehensive policy that covers your company for the duration of the contract. This contractors’ insurance policy can be tailored to suit your needs, and whatever your chosen industry, the chances are we have other clients in that field, giving us the experience to service a wide range of industries, which include the following:

· Construction

· Factory & Warehouse

· Retail Outlets

· Welding & Engineering

· Plant & Machinery Operation

If you are soon to launch your new business and would like a no obligation quote for all your insurance needs, fill in the online form , or call us on 01902 324 194 and we’ll be happy to quote you for the right insurance. If you live in the Midlands, why not pay us a visit at our Wombourne offices, which are situated on Church Road, and we can advise you on any aspect of commercial insurance.

Why Covering Liability In Construction is Essential

Mon, 23 Jul 2018 08:53:42 GMT

Construction sites can be extremely dangerous places, for both personnel and equipment, so it is essential that you carry insurance against every eventuality. One man made or natural disaster and you could find yourself responsible for very large compensation payments. Such an eventuality could have a devastating effect on your business, so it pays to be fully covered with contractors insurance and fortunately we are here to help. Being adequately covered today can be extremely complicated, with a very wide range of situations to be considered and multiple regulations to follow, to operate within the law. At Onsite Insurance, we aim to be the country’s most effective provider of the best insurance cover, whatever your needs and your project. We bring nearly fifty years of experience in the industry, so nobody knows it better.

Keeping it Simple and Understandable

Insurance can be very complicated, in what you are and aren’t covered for, and we realise you want something straightforward that is easy to understand. This is one of our top priorities, along with giving you the right policy for the right price. Our highly experienced team of construction insurance specialists are ready to help and guide you through the application process, so nothing is missed out or left to chance.

Public Liability Insurance

As you may already be aware, public liability Insurance is a legal requirement for every UK business. We understand that if a worker, or visitor to your site is injured or killed, you may find yourself with very large compensation payouts. We are happy to advise you on how to keep your site as safe as possible, but you can relax knowing that any problems that may arise will be covered. Some plant hire companies may insist on seeing your coverage, before allowing their vehicles onto your site, and we can provide all-inclusive policies that cover hired plant and machinery.

Employers Liability and Staff Welfare

As an employer it is a legal requirement that you have at least 5 Million Pounds worth of employers liability cover. While no one wants to see anybody get hurt, accidents do happen and aside from compliance with the law, you will undoubtedly want to ensure your workers are adequately covered. We pride ourselves on being one of the UK’s top providers of employment insurance, covering your full time, or contract workers.

Plant and Equipment Coverage

Regardless of whether the heavy machinery on site belongs to you, or is rented, you will want to keep it operating in top condition. Breakdowns or accidental damage can be very expensive and cause major delays to your project. Onsite Insurance can offer you comprehensive plant insurance policies, to protect you from disaster.

Onsite Insurance are an industry leader in providing all types of builders insurance. We can provide affordable cover and are ready to go the extra mile to keep costs down, leaving you with the peace of mind, knowing all eventualities are covered. We are professional, comprehensive, extremely competitive and ready to help you find the right cover at the right price.

Call us today on 01902 324194, or fill in the online form , and we will be happy to help.

Make Sure You’re Covered With the Right Builder’s Insurance

Wed, 13 Jun 2018 08:12:41 GMT

Make Sure You’re Covered With the Right Builder’s Insurance

Construction insurance is a necessity, with up to 64,000 people suffering an injury every year and theft of tools in the industry rising 30% last year alone. If you are a builder, then protecting yourself is more important than ever, which is why the experts at OnSite Insurance, are here with a guide on getting the right builder’s insurance for you.

Why do I need Builders Insurance?

Regardless of the kind of business you run, you need to have some form of insurance. These days, customers will insist on it, and in the event that anything goes wrong, at least you know that you are covered financially. It may seem like an unnecessary upfront expense, but it’s one of those things that you’ll only really appreciate if things go nuclear.

The construction industry has hazards that both workers and the public face daily. According to the Health and Safety Executive, 80,000 workers in construction suffer from work-related illness every year ( http://www.hse.gov.uk/statistics/industry/construction/ ) and 30 people died from fatal injuries in 2016/2017. Accidents happen every day so it’s better to be protected.

If your property or another’s is damaged on the job, this can be expensive to repair. If a roof tile slips off and hits a car – that needs to be covered. Let’s say your tools are taken? Ordinary insurance won’t cover this.

What are the different levels of cover?

There are different levels of cover for different companies. These include:

Public liability
Employer’s liability
Premises insurance or plant cover
Cover for tools
Vehicle/van insurance
Tools cover
Office equipment
Professional indemnity insurance
Stock cover
Medical insurance
Personal accident and illness insurance
Legal expenses

Most important cover

Builders require public liability insurance in case someone is injured because of something that happened either onsite, or as a result of your business. You may be sued for not warning people of the dangers onsite, or for negligence if the site wasn’t safe. Even if the claim is spurious, legal fees can escalate so it’s important to have public liability insurance in place. How much cover you need will depend on the size of your business, the contracts that you have in place and what is specified in agreements with clients. A minimum of GBP 1 million in cover is standard.

Employer’s liability insurance is also a legal requirement if you employ any members of staff. Even if you only have one apprentice you can be fined if you haven’t taken out a policy. This insurance specifically covers your staff and covers you if someone that works for you is injured, or if their property is damaged as a result of your business.

Talk to the experts today

The right cover at the right price will help reduce your risks. OnSite Insurance are the experts in construction insurance and can advise what kind of cover and how much you need. We are based in Wombourne and cover the construction industry across the UK. Call us today on 01902 324 194 or visit our contact page for more information.

Why Do Construction Firms Need Public Liability Insurance?

Wed, 13 Jun 2018 08:01:05 GMT

Why Do Construction Firms Need Public Liability Insurance?

No matter what kind of business you own in the UK, you are at risk of claims from the public. Whether it’s trips and falls or more serious injuries, there are many things that can lead to a costly legal battle. For those who work in construction and the trades, the risk is higher. In addition to following strict health and safety rules, construction firms should also look for public liability insurance to cover them while they’re working, and here are some reasons why.

Why do construction firms need cover?

There are many reasons why those in trades such as construction need cover:

· They often visit client sites

· Work is often carried out in public areas

· There’s a higher risk of serious accidents

· They use risky items such as tools and chemicals

While firms are always careful to keep people safe, by following guidelines from health and safety, accidents do happen. This is why builders’ insurance and other products are so important. It means that, should a member of the public be injured, the cost of your claim will be covered.

Injury claims are on the rise

In the last few years, personal injury claims have been on the rise, whether it’s from trips and falls or whiplash. You can’t turn on the TV without seeing lots of adverts from legal firms, urging people to sue for their injuries. That’s why construction insurance is so essential for any firms that work around people, whether it’s in their homes or when they’re out and about. It just makes good sense to protect yourself and means you can sleep better at night knowing that your firm is covered.

Reassure your clients

Those who work in trades, from plumbers to tree surgeons to builders, will know how competitive it is for small businesses. When people hire your firm, they want to know they’re dealing with professionals who can keep them safe. That’s why it’s important to have contractors’ insurance , as it reassures people that you’re not just an amateur operation, but a properly licenced and protected firm.

Working for larger clients

If you’re aiming to work with business clients, then public liability insurance is often a term of your contract. When you work on-site, business clients need to know that you are covered, and you will often have to provide copies of your insurance documents. Therefore, all tradespeople who plan to work with a variety of clients should ensure that they have the right insurance when they set up shop.

Which trades need cover?

The list of tradespeople that need cover is too long to list, but if you do any kind of work in public or clients homes, you should be included. From construction to demolition, tree surgeons, electricians and plumbers, there are many trades that need the protection of this sort of insurance.

For public liability insurance and much more, simply call OnSite Insurance on 01902 324 194. You can also contact us via e-mail on customerservice@onsiteinsurance.co.uk , or fill in our online quote page and we’ll get back to you.

3 Mistakes People Make When Taking Out Public Liability Insurance

Wed, 13 Jun 2018 07:58:18 GMT

3 Mistakes People Make When Taking Out Public Liability Insurance

Although public liability isn’t a legal requirement for most UK businesses, the fact remains that it’s a very powerful type of cover for any company that deals with the public. Failure to take out public liability insurance could result in enormous financial losses if a client or prospective customer were to make a claim against your business for injury or damage to their property.

If you’re thinking about taking out public liability insurance , it’s important to remember that not all policies are created equal. Here at OnSite Insurance, we offer a range of construction insurance solutions to meet the needs of contractors and builders across the UK. Read on to learn some of the most common mistakes people make when taking out public liability insurance.

1. Getting Inadequate Coverage

The most critical error you can make when taking out public liability insurance is getting inadequate coverage. While it might tempting to save a few pounds by opting for a minimum coverage policy, there’s always a risk that it might not be sufficient to cover all the costs of a claim. Many insurance companies offer cover ranging from about £1 million to £10 million, but the exact amount that’s right for you will depend on your unique circumstances. Your business operations, the type of work you perform, how often you interact with the public and a range of other factors can all affect your public liability insurance requirements. Be sure to have a chat with an insurance professional for more advice.

2. Not Comparing Quotes

As noted, choosing the cheapest liability insurance isn’t always the best idea. However, it also goes without saying that cost will likely factor into your decision when choosing a policy. With this in mind, before you commit to anything, it’s a good idea to get a few quotes from different construction insurance providers and see what’s on offer. By comparing your options you’ll be able to make a more informed decision and better equipped to find a solution that offers a good balance between affordable premiums and great coverage.

3. Forgetting to Read the Fine Print

There’s no denying that trying to decipher all the clauses and conditions of an insurance policy can be challenging, but it’s absolutely critical that you take the time to read the fine print and fully understand your options. In the worst case scenario, neglecting to do so could leave you without cover and financially vulnerable if a member of the public sustained an injury or damage to their property that involved your business.

If you’re thinking about taking out public liability insurance, you’ve come to the right place. Here at OnSite Insurance, we specialise in providing public liability insurance specifically designed to meet the needs of builders and contractors across the UK. Get your free quote online today or give us a call on 01902 324 194 and speak to our expert staff for more information about our services.

Working at Height: What You and Your Employees Need to Know

Wed, 13 Jun 2018 07:54:55 GMT

Working at Height: What You and Your Employees Need to Know

With buildings getting taller, there have become more and more reasons why people might need to work at height, whether it’s for construction, maintenance, or even cleaning. Working at height covers a wide spectrum of jobs, not just those multiple levels above the ground, and if you’re planning to have employees carry out duties where there’s a risk of a fall, then getting the right construction insurance is essential. It’s also important that those carrying out the job are fully briefed, trained, and know the health and safety rules for the work they are doing. Here are some things your company needs to know before you send people to do this kind of work.

What is the definition of ‘at height’?

Work at height can cover a wide range of jobs where people work above the ground, on a ledge, or close to an opening or hole in the floor. Basically, anywhere where people could potentially fall and injure themselves, even if it’s from a small ladder. If this kind of work needs to be done, then you need to carry out planning and a risk assessment, ensuring you have contractors’ insurance or similar liability cover, as well as covering any potential dangers.

The right equipment

When you are planning a job at height, the right equipment is essential, such as:

· Ladders – for low risk, short jobs, ladders can be used

· Working platforms – with guard rails if necessary

· Mobile access towers

· PPE such as a harness

There are many levels of work at height equipment depending on the risk level of the job such as the duration, height, and kind of work being carried out. For example, someone stacking shelves is going to be much less at risk than someone carrying out work on a scaffold. It’s important for employers’ liability to be covered in case of an accident, and for firms to be able to show they took every precaution, should an accident occur.

Working around the public

Another risk of working at height is when work is being carried out in public areas. Not only do you have the risks associated with falls and injuries, there are risks such as falling debris or tools, which need to be assessed before the work begins. You should also make sure you’re covered for public liability when working in these areas, which means your firm can get help, should a member of the public get injured because of anything related to your business.

Follow HSE guidelines

When work at height is to be carried out, it’s important to ensure you’re up to date with the latest health and safety information and guidelines. The Health & Safety Executive (HSE) has a number of leaflets available about working at heights, so make sure your team have been briefed before the job.

For specialist insurance products for the construction industry, simply get in touch with OnSite Insurance on 01902 324 194, e-mail customerservice@onsiteinsurance.co.uk , or fill in our online quote page to find out more.

How to Reduce the Risk of Falls in Your Workplace

Wed, 13 Jun 2018 07:48:23 GMT

How to Reduce the Risk of Falls in Your Workplace

Employers’ liability insurance is mandatory in the UK, and nowhere is this more justified than in the building industry. As many as 64,000 non-fatal injuries took place in the construction sector between 2016 and 2017, according to figures from the Health and Safety Executive , with trips and falls accounting for 42 percent of the reported injuries.

While investing in quality employers’ liability insurance is critical for protecting your business in the event of an accident, taking a preventative approach can help minimise the chances of a fall happening in the first place. We’ve rounded up four easy ways you can instantly reduce the risk of falls in your workplace:

1. Ensure Your Platform is Secure

One of the most important things you can do to keep you and your employees safe when operating at height is to ensure your working platform is stable and secure. Only use scaffolding that has been properly erected and use guardrails and toeboards to provide extra protection along the edges. In addition, be sure that those using cherry pickers and other powered equipment have been trained to do safely.

2. Always Work to the Elements

Taking a proactive approach to safety is vital for managing hazards in the workplace, but there’s one factor that’s always going to be beyond your control: the weather. With this in mind, it’s vital that you’re mindful of the elements when working at height outdoors and don’t be afraid to pause the work if weather conditions are poor. Attempting to work through high winds, precipitation and snow might have you reaching for your builders’ insurance policy.

3. Ensure Employees Know How to Use Ladders Safely

Ladders can be very hazardous and are commonly involved in employers’ liability insurance claims. To protect both your workers and your company, take the time to verify that your employees know how to safely use a ladder according to the working environment. This might involve training workers on how to best angle and secure ladders to prevent them slipping, avoiding the use of ladders unless there’s no other alternative and discouraging overreaching. Keeping your ladders regularly maintained and in good condition can also do wonders for reducing the risk of a fall.

4. Being Mindful of the Risks

It’s easy to get complacent when you’re surrounded by the same risks every day. Try to avoid this by being mindful of the risks in your working environment and actively identifying the hazards that may contribute to an injury or illness. Being conscious of the dangers and knowing how to control the risks is key to keeping your site a safe place to work.

Are you looking for the best employers’ liability insurance provider in the UK? Here at OnSite Insurance, we’re proud to provide a range of industry leading construction insurance solutions that are designed to help protect employers and employees alike. For more information, give us a call today on 01902 324 194 to discuss your options.

Why You Need Public Liability Insurance

Wed, 13 Jun 2018 07:43:20 GMT

Why You Need Public Liability Insurance

If your business comes into contact with the public, which includes customers and clients, you must have public liability insurance. If a member of the public gets injured on your premises or if you cause damage to their property, it could cost you thousands if you're not protected. Generally speaking, public liability insurance covers costs including compensation, associated medical bills, loss of income, repairs and business disruption.

Public liability can be tailored to your business needs too and if you're unsure which insurance is appropriate for you, speak to OnSite Insurance, who are experts in public liability, employer's liability and contractor's insurance. Let's have a closer look at why it is important to get this type insurance.

Protect your customers

Public liability insurance protects you if you come into contact with the public on your premises or elsewhere. Ask yourself 'Do customers visit my property daily?' Perhaps you're a shop owner or run a café? If the answer is yes to any of these, then you will need to be covered with public liability insurance. On the flip side, if you're out and about meeting your clients either at their home or somewhere else, again public liability insurance is a must.

What it covers

Typically, Public liability insurance covers invitees, licensees and trespassers. This translates to customers who come onto your premises, when you go out to meet your clients and those who come onto your site uninvited. Should an accident happen, you will be covered by public liability insurance therefore, it is critical you take a policy out straightaway. It will give you confidence in carrying out your day-to-day business without having to worry if the worst happens. It's also worth bearing in mind, you need to take separate insurance out for employees. OnSIte Insurance, who serve Wombourne, Wolverhampton and the West Midlands, can assist you in taking out employer's liability insurance too.

Prerequisite for some contracts

Although public liability insurance is not required by law, it's fast becoming mandatory for contracts, especially those in the public sector. Some public sector contracts even outline the amount of public liability your insurance needs to cover, which could be as much as several million pounds. It's worth remembering membership associations and industry regulators also require public liability insurance. You can always check with a reputable insurance company which insurance is suited and required for your business. Experts at OnSite insurance are always on hand to answer any of your queries relates to public liability, employers liability or contractors insurance. Public liability insurance could be crucial for your company giving you the peace of mind you need so you can focus on the running of the business.

Get a quote today

From employer’s liability insurance to plant insurance, commercial insurance experts at OnSite Insurance will be able to assist with your individual requirements. Based in Wombourne, we can easily cover Wolverhampton and areas throughout the West Midlands, and indeed the whole of the UK. Don’t delay and call us today on 01902 324 194 or email us at customerservice@onsiteinsurance.co.uk for a quote.

3 Key Benefits of Taking Out Employer’s Liability Insurance

Thu, 24 May 2018 14:34:09 GMT

3 Key Benefits of Taking Out Employer’s Liability Insurance

While tighter regulations have helped improve health and safety in the U.K. construction industry, the fact remains that builders are inherently subjected to a fair amount of risk. As such, it’s critical that those involved in the sector invest in the right construction insurance policies so that they’re covered in the event that something goes wrong.

One of the most important types of cover is employers’ liability insurance . This is typically a legal requirement for many businesses in the U.K. and can help protect both your employees and you as their employer. In 2015 alone, liability insurers in the U.K. paid out £2.9 million every single day for employers’ liability, according to figures collated by the Association of British Insurers .

Still on the fence about whether you need employers’ liability insurance? Here are three key reasons to take out this type of policy:

1. Provide Employees With Greater Certainty

The first and most important advantage of investing in employers’ liability insurance is that it provides your workers with a higher sense of security. While taking a proactive approach to safety can help minimise the risks associated with the construction sector, it goes without saying that accidents can still happen. If something goes wrong, employers’ liability insurance covers any relevant costs that your employees may face, providing them with financial security and peace of mind during a difficult time.

2. Fulfil Your Legal Obligations

Looking beyond the safety factor, taking out employers’ liability insurance ensures you’re satisfying all your legal obligations as set out by law. Legally, most businesses in the U.K. that have employees (even just one!) are obligated to have employers’ liability insurance. Failure to do so could result in you facing huge fines that could impact your financial security and affect day to day operations. If your business trades as a Limited Company and employs anyone, there’s a very good chance you legally need to have employers’ liability insurance.

3. Protect the Financial Security of Your Company

Last, but by no means least, investing in employers’ liability insurance is critical for the financial security of your company. Although you may think it’s unlikely that something could ever happen in your workplace, in reality the hazardous nature of construction sites means that employers can often be held liable for accidents involving employees. Employers’ liability insurance can pay for the costs of any claims made against you and may also cover any legal or medical expenses associated with the accident. These costs can easily exceed tens of thousands of pounds which - if you’re not covered - would probably have a noticeable impact on your bottom line and ability to operate as a small business.

As you can see, employers’ liability is one of the most important types of construction insurance policies and should not be neglected. If you’re in the market for employer’s liability or any other type of builders’ insurance, give the OnSite Insurance team a call today on 01902 324 194.

Understanding the Risks of Not Having Public Liability Insurance

Thu, 24 May 2018 14:30:15 GMT

Understanding the Risks of Not Having Public Liability Insurance

Although every good builder will go to great lengths to ensure their work environment is as safe as it can be, unfortunately accidents can still occur. In the event that one of your customers, a member of the public or some other third party person was to sustain an injury related to your business operations, it’s possible that your business could be held liable.

That’s where public liability insurance comes in. This type of policy is specifically designed to cover the costs of these claims and can be critical for maintaining the financial security of your business. Read on to learn more about some of the risks of not taking out this type of builders insurance.

1. Compromises the Safety and Security of Your Customers

It’s no secret that safety is paramount in the construction industry. Should anyone happen to get injured on your worksite and your company is found liable, you need to be confident that you’ll have the resources necessary to settle any resulting claims. Public liability insurance provides coverage to ensure that affected parties are fairly compensated for their injuries, protecting your reputation as a business and providing your customers with a high level of security.

2. Devastating Effects on Your Company’s Finances

Without public liability insurance, your company may be directly responsible for paying compensation to the injured person in question. In some cases, this may be relatively inexpensive, but in many cases the claim can easily add up to hundreds of thousands of pounds. Even the most successful business is likely to feel the financial repercussions of such a claim, which may have a huge effect on your profitability or viability as a company.

3. Time Consuming and Emotionally Draining

There’s no denying that being on the receiving end of a public liability claim can eat up your precious time and be incredibly emotionally draining. Having public liability insurance can reduce these effects substantially because, while there’s still a process to go through, at least you can rest assured that your insurance company will support you throughout, the compensation will be paid for and your company’s finances will not suffer.

4. Restricted Business Opportunities

An often overlooked risk of foregoing public liability insurance is that it can potentially limit your business opportunities. How? Well, many companies and local councils in the U.K. simply won’t work with companies that don’t have public liability insurance as there’s too much risk involved for all parties. Investing in public liability insurance is a simple way of proving your responsibility and trustworthiness, and may pave the way for new avenues of growth.

Are you thinking about taking out public liability insurance? If so, we’d to hear from you. Here at OnSite Insurance, our team of experts are committed to providing companies across the U.K. with the insurance they need to protect themselves, their employees and their customers in today’s business landscape. Get your free quote today online or by giving us a call on 01902 324 194.