Public Liability Insurance

Public Liability Insurance

Public Liability LARK Insurance meeting

What is Public Liability Insurance?

Despite the very best of intentions, accidents can still happen in any business. Public Liability Insurance protects you against claims for personal injury or damage to a third party. In NSW, Public Liability Insurance is a government requirement for all businesses, including sole traders and smaller operations.

What does Public Liability Insurance cover?

Today’s businesses are exposed to an ever-growing list of legal liabilities. As increasing globalisation makes the world and legal systems more complex, so does the process of ensuring your liability policy is broad enough to pick up all of the legal liabilities you’re potentially exposed to in the normal operation of your business. 

Liability Insurance covers the cost of legal action and compensation claims made against your business if a third party is injured, or their property suffers damage whilst at your business premises or when you are working in their home, office or business. 

While it is something that most of us would hope to never make a claim on, the costs associated with a Public or Product Liability claim can be enormous. In 2018, the total amount of claims paid over the year was over $1.9 billion

How much does Public Liability Insurance cost?

The cost of Public Liability Insurance has a few factors such as; activities, employees, turnover, etc. Smaller, lower risk operations will likely have cheaper Public Liability Insurance. Whereas, larger operations with higher staff and turnover will pay more for their policy.

Other things such as the insurance provider that holds the policy will also play a part in the price of your policy. LARK Insurance are experts at making sure we match the right policy with the right client. We find you cost effective cover that will ensure you are covered when you need it most.


Talk to us today about your Liability Insurance needs. LARK Insurance specialises in Liability Insurances and tailoring specific insurance recommendations to give you the cover you need to run your business.

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