Public Liability Isurers - What They Are

13th July 2010

Public liability insurers work with business owners every single day to

help them get the right amount of coverage and the right kind of

coverage for their business type.  There is nothing you can throw at

your broker that they have never heard before so do not be afraid to be

honest about your business model and your business needs.  No matter how

off the wall your company may be your professional and experienced

broker will know just what you need to keep you covered.  No matter what

kinds of business you run liability insurance will help to keep your

hard earned money in your pockets, even after being sued.

Public

liability insurers can provide not only the insurance you need but all

of the information about the insurance as well.  To get an accurate

quote for your insurance you will likely need a few key pieces of

information about your company including number of employees, and the

role(s) each member plays in the company, the amount of experiences each

person has in their role, and the amount of insurance you will

require.  Different positions require different amounts of insurance

coverage so be sure to ask about that when you are consulting with your

broker.  It can be hard to know how much insurance you will need when

you are new to the business world but a trained broker can help you make

that job much easier.

Public liability insurers will likely ask

you about many other parts of your company as well including your past

insurance history and how long the business has been open and other such

questions.  As the owner of the business you will likely be able to

answer all of these questions right off the top of your head, but it

does not hurt to bring some of your past paperwork with you for

reference.  Anything you will need to know about your policy can be

clearly explained by your broker in person, over the phone or online in

most cases.  If you are looking to buy your policy online without and in

office visit to a broker you can usually get a live chat, or phone call

from a broker to ensure you fully understand the policy.  Even when you

buy online by yourself there is still a support system behind you to

ensure you are doing everything and getting everything you need.

Public

liability insurers can sometimes enter clients into annual agreements

and even include stipulations about early cancellation fees so it pays

to read the policy fully before you agree or sign anything.  Also look

for anything that discusses rate increases to ensure you know what

prices to expect.  Be honest with your broker and review your policy in

full before you sign on the dotted line and you should be all set. 

Getting insurance does not have to be difficult, you just need to go to

the right places, start online and save yourself some time and money

right away, and in the long term.