How Much is General Liability Insurance in the UK?
General liability insurance is the American term for public liabilty insurance – sometimes, it can be used in the UK to cover a range of different insurance types, including professional indemnity, product and public liability. Whether you’re a business owner employing other people, or a sole trader working as a tradesperson, having the right business insurance in place is absolutely essential. Here at Tradesman Saver, we are proud to offer a wide range of business insurance policies, including public liability cover to tradespeople of all kinds.
In many cases, we’re able to provide comprehensive public liability insurance for just £59 per year – so if you’re worried about public or general liability insurance cost, you needn’t be! Whatever type of business insurance you’re looking for, our specialist team may be able to provide the right level of cover for you at a low cost.
Key Takeaways
General liability insurance is essential for protecting your business from potential risks and liabilities.The cost of general liability insurance varies depending on factors such as the type of business, coverage limits, claims history, and industry risks.Comparing quotes from different insurers can help you find the most comprehensive coverage at the best price.
What Can Impact General Liability Insurance Cost?
When it comes to purchasing general liability insurance, there are several factors that can affect the cost of your policy. Understanding these factors will help you determine the coverage you need and the amount you can expect to pay. Here are some of the key factors that can influence the cost of general liability insurance:
FactorDescriptionType of BusinessThe type of business you operate can have a significant impact on the cost of your general liability insurance. A high-risk business, such as a construction company or a nightclub, will generally have higher insurance costs compared to a lower-risk business, such as a retail shop.Coverage LimitsThe coverage limits you choose will also affect the cost of your general liability insurance. Higher coverage limits will result in higher premiums, but it’s important to ensure that you have enough coverage to protect your business from potential liabilities.Claims HistoryThe claims history of your business can also impact the cost of your insurance. If you have a history of making claims, insurers may view your business as a higher risk and charge a higher premium.Industry RisksThe risks associated with your industry can also play a role in determining the cost of your insurance. For example, businesses that deal with hazardous materials or dangerous equipment may face higher insurance costs due to the potential for accidents and injuries.
It’s important to note that every business is unique, and the factors that affect the cost of general liability insurance can vary depending on your specific circumstances. Working with an experienced insurance provider can help you understand the risks associated with your business and find the coverage you need at a fair price.
How Much Does Public Liability Insurance Cost in the UK?
When it comes to obtaining insurance coverage for your business, it’s essential to get an accurate quote that reflects your specific needs. Insurance companies use the information you provide to calculate the cost of your insurance policy.
At Tradesman Saver, we make the process of obtaining a general liability insurance quote easy. Our online quote tool is user-friendly and straightforward, allowing you to get a quote within minutes.
Information needed for a general liability insurance quote:Type of businessCompany sizeIndustry risks and claims historyCoverage limits and additional coverage needs
Once you’ve provided the necessary information, we’ll provide you with a comprehensive general liability insurance quote. Keep in mind that comparing quotes from multiple insurers will help you find the most affordable and comprehensive coverage for your business.
At Tradesman Saver, we understand the importance of having the right amount of coverage. That’s why we offer customisable policies designed to meet the unique needs of tradespeople and small businesses in the UK.
How Much does General Liability Insurance Cost?
Here at Tradesman Saver, we can provide public liability and general liability policies from as little as £59 per year. This is lower than the average cost of public liability insurance that you’re likely to find on comparison sites, and our insurance policies are specially designed for tradespeople in the UK. For accurate public liability insurance quotes, choose Tradesman Saver.
What Are The Different Kinds of Commercial General Liability Insurance?
As a business owner in the UK, you need to ensure that you are protected from potential liabilities that could arise from your business operations. That’s where commercial liability insurance comes in.
Commercial liability insurance is designed to protect businesses from claims made against them by third parties. This can include claims for property damage, bodily injury, or personal injury.
Having commercial liability insurance can help you avoid huge financial losses that could arise from lawsuits, settlements, and legal fees. With the right policy in place, you can concentrate on growing your business with confidence.
So what does commercial liability insurance cover? Generally, it covers:
Type of InsuranceDescriptionPublic Liability InsuranceCovers claims made against your business by customers, suppliers, or other members of the public for property damage or bodily injury.Employer’s Liability InsuranceCovers claims made against your business by employees who suffer injury or illness as a direct result of their work with your business.Product Liability InsuranceCovers claims made against your business by customers who have suffered injury or damage as a result of using your products.
It’s important to note that commercial liability insurance policies can vary depending on the insurer, so it’s essential to read the terms and conditions carefully to ensure the policy meets your needs.
Why is commercial liability insurance essential?
As a business owner, you face different risks depending on the type of business you operate. For example, if you run a construction business, you are likely to face more risks than someone who operates a home-based business.
Regardless of the type of business, it’s important to recognize that accidents can happen even when you take the necessary precautions. Without the right insurance coverage, you could be financially liable for claims made against your business. This could include compensation to the person who made the claim and legal fees resulting from any legal action taken against you.
Investing in commercial liability insurance is essential for any business in the UK. It can help you avoid potential financial disasters and give you peace of mind knowing that you are protected from potential risks and liabilities.
What Type of Business Insurance Is Right For You?
If you run a small business in the UK, you’ll face specific risks that may differ from those of larger corporations. As such, it’s crucial to have adequate liability insurance coverage to protect your business from any potential liabilities that may arise.
Small business liability insurance is tailored to meet the unique needs of small and medium-sized businesses. Depending on the nature of your business, you can choose from a range of coverage options, including:
Public liability insuranceEmployers’ liability insuranceProduct liability insuranceProfessional indemnity insurance
Public liability insurance is one of the most common types of coverage for small businesses in the UK. This coverage protects you against any claims made by third parties who suffer injury or damage to their property as a result of your business activities. Employers’ liability insurance, on the other hand, is a legal requirement for any business that employs staff. This insurance covers any claims made by employees who suffer injury or illness while working for your business.
At Tradesman Saver, we understand the importance of affordable liability insurance for small businesses. That’s why we offer comprehensive coverage starting from as little as £59 a year. Depending on your business needs, you can choose from a range of coverage options, including public liability insurance, product liability insurance, and employers’ liability insurance. Our policies are designed to provide complete protection for your business at a competitive price.
Choosing the Right Liability Coverage for Your Small Business
When considering the right liability coverage for your small business, it’s important to consider the nature of your business activities and any potential risks that you may face. For example, if your business involves working with hazardous materials or machinery, you may need product liability coverage. Alternatively, if you employ staff, you will need to have employers’ liability coverage.
At Tradesman Saver, we can help you choose the right coverage for your business. Our liability insurance policies provide complete protection against unforeseen events and are designed to meet the specific needs of small businesses in the UK. Contact us today to find the right liability coverage for your business at an affordable price.
For General Liability & Public Liability You Can Trust, Make Sure It’s Tradesman Saver
At Tradesman Saver, we understand the risks that tradespeople and small businesses in the UK face daily. That’s why we offer specialist general liability insurance policies with tailored coverage options that suit the specific needs of your business.
Our coverage options come with affordable pricing starting from just £59 per year, which makes us the go-to insurer for many tradespeople and small business owners in the UK. We believe that everyone deserves comprehensive protection at a fair price, and that’s what we’re all about at Tradesman Saver.
When you choose Tradesman Saver for your general liability insurance policy, you get peace of mind, knowing that you’re in safe hands. Our policies offer extensive protection against various types of liabilities that could arise in your line of work. We offer flexible coverage options that allow you to customise your policy to suit your business’s specific needs.
Benefits of Choosing Tradesman SaverSpecialist Coverage: We offer coverage specifically tailored to tradespeople and small businesses in the UK.Flexible Coverage Options: You can customise your policy to suit your business’s specific needs.Affordable Pricing: Our policies offer comprehensive protection at a fair price starting from just £59 per year.Easy Process: Getting a quote from Tradesman Saver is simple and straightforward. You can complete the process online in just a few minutes.
At Tradesman Saver, we’re committed to providing reliable and straightforward general liability insurance policies that offer peace of mind to tradespeople and small business owners in the UK. We pride ourselves on our excellent customer service and our commitment to ensuring that our clients have the coverage they need to protect their business.
