Public Liability Insurance Quote

Let’s face it, life is full of risks. The minute you wake up in the morning, you face risk. Anything could happen, from a large wall-mounted TV falling on your baby to a rabid dog attacking you as you walk down the street. Although dwelling on these risks may not seem gruesome, you do need to face this reality.

What’s more, you need to consider not just the risks you face individually and as a family. You also need to be very aware of the liability you assume for any accidents or damages caused by your actions, whether in your home, auto, or business. If someone is gravely injured or, God forbid, killed, and you are responsible, their claim could cost you hundreds of thousands, even millions, of dollars.

For this reason, many people opt to protect themselves and get a public liability insurance quote. In fact, some states will require that business owners have such coverage. Ask any reputable and knowledgeable insurance agent; she will be able to outline your state’s requirements.

Let’s take a closer look at public liability insurance and what it can provide. First off, a definition; here’s how The Oval Group, a large insurer (www.theovalgroup.com/terms-of-business) defines public liability insurance “The insurance of liability for accidental bodily injury or damage to the property of third parties, designed to cover businesses from the risk of being sued by a member of the public.”

Although homeowners and individuals can cover themselves against public liability, the larger group of purchasers of this coverage are business owners. We shall limit our investigation to that community.

So, what exact risks can you protect against with this insurance? Although policies vary, for the most part, a policy protects you against bodily injury and property damage suffered by third parties (think customers, shoppers, and bystanders) either on your business premises or in the course of your doing business, either on site or off your premises.

Here’s an example. Let’s say you own a commercial lawn care business. You have several crews that care for large corporate lawns and shrubbery all over the city you do business in. One day, while one of your workers is mowing a customer’s lawn, his mower spits out a small stone that strikes a passerby and causes damage that requires surgery to correct an injury to his eye.

A good public liability insurance policy would shield you against any and all claims related to this injury. Not only would they pay the claimant’s medical claims but they would also defend you against any additional damages this person seeks through a lawsuit.

So if you have decided you need this coverage, start by getting a public liability insurance quote online. Armed with that preliminary information, you’re ready to meet a well-referred and experienced local agent or broker to get all your questions answered. And don’t underestimate the importance of dealing with an agent or broker with whom you have great rapport.

Should you encounter a claim, having a person whom you know, like, and trust makes all the difference in the world. Such an agent or broker can make the unpleasantries of this claim much more bearable and easier to handle.