What is liability insurance

Liability insurance provides cover for any damage you cause to a third parties property, for example liability insurance protects a kitchen fitter who knocks over an expensive ornament whilst carrying cabinets into the property. Liability insurance also provides cover against any injury you cause to the public during the course of your work, for example if you were a bricklayer and dropped a tool which caused injury to someone walking past.

Why do I need liability insurance?

• Liability insurance covers damage caused by you to third party property
• Liability insurance covers injury to the public whilst you are working
• Liability insurance legal requirement for building sub contractors from 1st July 2008
• Liability insurance is often a contractual requirement when organisations award contracts

Is liability insurance a legal requirement?

liability insurance is not currently a legal requirement in the UK but it is highly recommended to have a valid policy in place at all times to provide cover for any injury or property damage you caused during the course of your occupation, after all a claim on your liability insurance could be for thousands of pounds which could ultimately bankrupt a business if they didn't have insurance in place to protect themselves.

Finding the best liability insurance

The good news is there's plenty of competition in the insurance market so shop around for the best deal. There are three main ways of buying insurance - going through a broker, purchasing direct from the insurance company or over the internet.

The internet is a great tool for saving you time and money and there are several sites that allow you to compare liability insurance from a range of different liability insurance providers.