Whenever you have a workplace that is open to the general public, the potential exists for someone to slip and fall or otherwise become injured on your property. Electrician public liability insurance is the solution to this inevitable occurrence. Here is what this policy covers and how it differs from general liability.
What Public Liability Covers
Public liability is the most basic type of business insurance. It allows you to focus on running your electrician service rather than living in fear that someone visiting your facility will slip and fall and sue you for more than your company is worth. It covers injuries, loss of property, and property damage sustained by third parties such as the following:
- Neighborhood children
- Delivery drivers
How It Differs From General Liability
Public liability is narrower in scope than general liability. Besides visitors, general liability covers employees, vendors, and the business owner. It also pays for costs of legal claims resulting from accidents in the workplace or copyright disputes. For these reasons, general liability is usually the more expensive option.
Liability insurance is necessary for anyone who wants to protect their business from potential claims from the general public. Talk to your insurance agent about whether public or general liability is best for you.