Why every business needs public liability insurance
Most businesses deal with the general public in some way or another. If a business has any contact with the public at all, even if it's just for a short time , the owner must buy insurance to protect his business. Public liability insurance in places like Sydney is the best protection for this kind of business, no matter what industry it is in. Public Liability insurance protects a business from having to pay out-of-pocket costs because of a claim. This is true whether the public comes to the business for services or to buy products. Public Liability insurance is not usually required by law in Ireland. However, when competing for contracts or work, most contractors and local governments will expect the competing business to have Public Liability insurance to protect them from any claims. If a competing business or subcontractor doesn't have a policy that covers the public, then it's unlikely that their business will do as well as others. Some contractors don't ...