Public Liability insurance and indemnity?

[HappyHippyDad]

I have just had my renewal quote through. It's up to £290. This includes employees liability and £5000 for tools. It doesn't include indemnity.

I thought this was high, but when I've gone on line to compare, it comes out in the £400 + range.

I just wondered if there were any recommendations for business insurance? Also, what sort of prices are you paying?

basically I need PL insurance, tools, employees liability, and I'm going to add indemnity.

 

[Rockingit]

It's the tools and PI that will be adding the ££'s. Unless you do a lot of design work for clients who demand it, do you really need it?

 

[tony9i9i9i]

Thread 'Cheapest insurance companies cor public liability, indemnity etc'

Jan 16, 2025

Hi there, just doing the annual rounds of obtaining insurance quotes for public liability, employers and professional indemnity insurance and wondering if anyone has any recommendations or thoughts on the subject as prices have gone through the roof again!

• JOURNEYMAN
• cheapest companies indemnity insurance liability public
• Replies: 6
• Forum: Business Related

 

[HappyHippyDad]

It's the tools and PI that will be adding the ££'s. Unless you do a lot of design work for clients who demand it, do you really need it?

It seems like the right thing to do if I am carrying out EICR's. I'd much rather not have it, but then you're taking a pretty big gamble.

 

[Risteard]

I have just had my renewal quote through. It's up to £290. This includes employees liability and £5000 for tools. It doesn't include indemnity.

I thought this was high, but when I've gone on line to compare, it comes out in the £400 + range.

I just wondered if there were any recommendations for business insurance? Also, what sort of prices are you paying?

basically I need PL insurance, tools, employees liability, and I'm going to add indemnity.

Sounds extremely cheap to me. Including charges mine was £1,082 ten days ago. Has been pretty constant around that for the last few years.

 

[JK-Electrical]

Public Liability: £2,000,000

Tools: £8000

Professional Indemnity: £100,000

Financial Loss: £100,000

Personal Accident: £5000 Death, £2,500 Capital benefits and £400 weekly


£542.23 this year, £492.60 last year. Trade Direct.