Personal liability insurance protects you from legal and compensation costs due to injury or property damage to a third party.
It is fairly uncommon to take out this type of insurance, as it is unlikely that your personal activities would pose a risk of injury or accident. However, if you’re self-employed or a business owner, there’s a good chance that you’ll be interacting with customers or the general public on a day-to-day basis. As such, taking up public liability insurance—the commercial equivalent of this cover—is something you’d want to consider.
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This is our ultimate business insurance guide. We help walk through the specific business insurance elements you may need to consider for your business as well as relevant partner offers.