Wherever in Melbourne your business is located, public liability insurance is one of the most important forms of protection you can get.
Public liability protects Melbourne businesses from the financial consequences of property damage and personal injury, as well as a number of other forms of liability.
Melbourne Public Liability Requirements
Whilst there are no requirements that are specific to businesses operating only in Melbourne, there are requirements for certain business operating throughout Victoria in general.
One such example is that of plumbers operating in Melbourne and throughout Victoria, who must hold a public liability insurance policy along with included coverage for consumer protection insurance.
For any plumbers taking out public liability it is important to ensure that the policy meets the Victorian requirements, as not all insurers issue policies that do.
What is Public Liability Insurance?
It is important for any Melbourne business owner to understand exactly what public liability insurance is.
Public liability is designed to cover the costs of certain claims against your business for incidents which involve property damage or personal injury suffered by others. Typically these incidents are the result of negligence or simple accidents.
Most policies also include product liability, which covers a business for damage or loss caused by the products they supply or install. There are some restrictions in this area, so it is important to check exactly what your policy covers.
Insurance Brokers in Melbourne
Most small business owners and operators in Melbourne obtain their public liability cover through insurance brokers.
Melbourne is home to hundreds of insurance broking firms. Some brokers specialise in certain industries, whilst others are more general in nature.
An insurance broker will be able to assist you with service and advice on public liability cover, and they will also work to find the most competitive premiums for your business.
In the unlikely event that you unable to locate a suitable broker in Melbourne, there are thousands more brokers throughout Victoria and Australia.
Melbourne Public Liability Cost
The cost of public liability insurance in Melbourne is determined by a number of different factors.
The amount of cover required will have an impact on the cost, as will the type of business that you operate and the size of the business in terms of revenue and staff numbers.
The easiest way to get a quote is via an insurance broker. A broker will be able to assist you in determining your public liability insurance cost along with any other questions you may have.
If you do not already have an insurance broker, you can complete the quote form located here on our website and we will put you in touch with an insurance broker who has experience with assisting Melbourne businesses.