The cost of your company’s public liability coverage depends on the size and type of business. Numerous factors need to be taken into accountancy when an insurance company establishes the final cost of your public liability insurance.
Every business is unique, so our insurance brokers and agents make sure to correctly assess your company’s potential risks and exposures to make sure they cover every potential vulnerability. The final number depends on the company’s annual turnover, assets value, type of services, staff, previous claims and the level of the cover required. The common level of cover is $10m for small businesses, although you can also opt for a $5m insurance policy. Larger businesses choose a $20m or $50m coverage, according to the type of services they provide.
Contact us to receive a quote for your personalized public liability insurance.