All sorts of types of professional business bring people into contact with the public or mean that the public have to come once their premises on a regular basis. These firms may want to consider public liability cover, which although it’s not always compulsory, can be advisable for anyone who operates in the public domain. Computer contractors may fall into this category, perhaps fitting and installing equipment and software off site in public, or having members of the public on their promises to discuss projects. Computer contractors public liability cover does not always have to be expensive, and can be a financial lifesaver.
In short public liability cover protects against any awards of damages which are made against your company or you if you are an individual freelance in the event a member of the public launches a legal case due to injury. It can also apply if a member of the public feels that their property has been damaged by your work and launches a case.
Computer contractors public liability cover will also often protect against any legal fees which are run up in defending such a case. Anyone who has inadvertently harmed a member of the public due to something like a road accident will know that they can end up with a bill from the NHS for things like an ambulance call-out if the incident was deemed to be their fault. Companies are equally vulnerable to this.
Public liability cover involves a premium as with other types of insurance, and this may be based on the type of business someone runs and how often they operate in public and on what basis. So computer contractor firm with dozens or hundreds of employees who regularly work off site may find that their premium is potentially more expensive than a company with only a small number of workers which rarely deals in public.
Insurance like this is available from all sorts of specialist insurance providers, and some of them will be able to provide you with some basic advice as to what kind of policy your business might need. Premiums and the payout limit of your policy can also be discussed, and it is usually possible for any computer contractor business to get something which suits them. Computer contractors public liability cover may seem like a luxury at first, but many firms have been caught out, so it is at least worth considering.
When you think of computer contractors public liability cover, what is it that enters your head? For many people they assume that public liability insurance is designed specifically just for retail professionals who have customers regularly coming and going onto their premises. As it is called “public” liability cover the emphasis is usually placed onto members of the public and it is not always associated with any other industry other than retail.
However, computer contractors need public liability cover just as much as the retail profession does. So why exactly is this and why is computer contractors public liability cover so essential to have?
Understanding Computer Contractors Public Liability Cover
When you visit another company’s premises you are putting both yourself and the company at risk. In fact, many companies will not allow you to work for them until you do have adequate insurance to protect them if something were to go wrong.
When you have computer contractors public liability insurance, if you do need to make a claim then you will more than likely have to pay an excess. This is basically where you pay part of the claim before your insurance will even think about paying out. Most insurers do require you to pay an excess; though there may be some providers who don’t ask you to pay anything before they step in and help.
So when might public liability be able to help you? Well a few instances where public liability could help include:
- If your equipment injures a company employee
- If you cause damage to the companies property
- If you have been negligent and the third party has suffered a loss because of it
Basically whatever losses the company suffers that they blame on your performance, you are liable for. Even if you feel that you are being wrongly accused, proving it can be costly. So public liability insurance will help you to either prove your innocence or pay out the adequate compensation for the damages you have caused.
Overall, computer contractors public liability cover can really help you financially if a claim were to be made against you because of negligence. Whether you feel the claim is justified or not, often a good defence is still needed and good public liability cover could really help you out.
As a Computer Contractor Public Liability Cover is an essential type of cover that you will need to have. Many companies will not allow you onto their premises unless you do have computer contractor public liability cover, so obviously if you don’t have it, it will be a problem!
Public liability insurance basically protects you against claims that are made against you for damage to either a person or equipment caused by you, while you are on their premises. If you didn’t have insurance then it could ruin you financially because the legal fees and likely compensation payout would be crippling.
What if Nothing Goes Wrong?
The main reason many computer contractors are reluctant to take out public liability insurance is because they cannot see anything going wrong. They are professionals, they have trained for years and they have a lot of experience within the field. Nothing has ever gone wrong before so why would it now? Unfortunately even if you have gone for years without making a mistake or experiencing a problem, anything can happen at any time. In fact, you would be extremely lucky if you managed to get through your whole career without one company accusing you of damaging something or injuring somebody on their property!
Computer contractor public liability cover helps to ensure that if a client does claim against you, you will have the funds available to get yourself out of the mess you are in. The mistake doesn’t even have to be your fault for the company to make a claim against you. You could easily be wrongly accused. Or it could be a simple accident where you have perhaps tripped over a wire and damaged the property. Or maybe you have put your equipment down and one of the company’s employees has tripped over it, injured themselves and now they are claiming against you?
There are so many instances in which computer contractor public liability cover could be needed. Not only is it needed by the third party, but for your own protection you should take out the best public liability cover that you can afford. There are different public liability policies available to choose from too so you should always find something to suit your business.
Overall Computer Contractor Public Liability Cover is definitely not something that you should avoid! You cannot always predict what will happen when you are working on third party premises and so by protecting yourself with the right insurance, you can have a better peace of mind and rest assured that you are not risking your business!
Protecting yourself and your company against the financial disaster that would happen should a third party claim be made, is easy with computer contractors public liability cover. This insurance can provide monetary recompense in the event that the unexpected does happen.
And in many cases, even those who are self employed can take advantage of the protection offered by this indemnity insurance.
So, what are the benefits of this insurance? Typically, it can protect you against claims for such things as: public liability; product liability; accidental breach of confidentiality; loss of data or documents; defamation; dishonesty; libel and slander; and, unintentional infringement of intellectual property rights
If your business had a claim made against it, computer contractors public liability would provide a number of benefits. These could include financial assistance with legal costs and help with compensation claims.
Where to buy?
Using an independent broker who provides computer contractors public liability cover will help to find the right product for you. A specialist broker can use their experience within the PII market place to find a policy that best suits your needs.
Buying the insurance from a specialist – someone who has expertise within your sector – can help you find the right product, rather than trying to go for a one-size-fits-all type of plan that a traditional or mainstream insurer may offer.
Things to consider before buying
- do check out what the policy excess is should a claim be made;
- always check that the cover will give you the right amount of insurance – never under insure just to get a cheaper premium,
- policy terms and features can vary among the different insurers, so if you are looking at different policies, remember to compare them on a like-for-like basis;
- when considering how much cover to take out, you may find that if your profession is covered by an authorising professional body, this body may well lay down minimum levels of indemnity required;
- look out for any exclusions which would render the policy invalid.
You may think that professional indemnity insurance is an expensive, unnecessary overhead, but should remember that any company – no matter how well run – can be challenged with a claim against them. And with Court awards rising sharply in recent years, it is worth seriously considering this insurance. After all, having the peace of mind that you have computer contractors public liability cover in place can help you focus on the most important thing – your business.
No matter how well run a business is, mistakes can happen that could result in a claim being made against you, such as you being accused of negligence. Computer contractor public liability cover can step in and help provide financial recompense so that your business does not suffer hardship.
Having this type of risk management in place in the shape of professional indemnity insurance can help your business survive if things get rocky and a claim is made against you. Typically the policy can help defend a claim against you as well as cover you for any damages you become liable for. Certainly, having this form of risk management in place in the shape of a professional indemnity insurance policy can help your business stay afloat if things get rocky and a client sues you for damages.
Finding the right insurance policy for you can be difficult if you do not know where to look. However, a specialist computer contractor public liability cover provider can help to find you the right plan. Tailor made, bespoke insurance is available with some specialist providers, meaning you get exactly what you need.
It is important that you consider buying the cover from a specialist provider. Buying it from someone who has expertise within your particular sector can help you find the right product, rather than trying to go for a “one-size-fits-all” type of policy that a traditional or mainstream insurer may offer
Do note that when it comes to choosing your cover, in the event of the claim, you will in more than likely be liable to pay an excess.
Once you have cover, do bear in mind that there can often be a severe delay between the event and the actual claim. So, if you are thinking about at switching providers or even closing the business down, make certain that you are adequately protected with what is called a “run off” period. In the case of the former, see if your new insurer will accept a new claim for a prior incident.
The sum insured is of great importance as being under insured means you will have greater financial responsibility should a claim be made against you. Some of your clients may insist that you have a minimum sum insured in order to provide them a service, so do check.
Also, check out any excesses; policy exclusions; and how long the insurance must be in force for before you are entitled to make a claim.
Computer contractor public liability cover can provide a financial safety net in the event that you are challenged by a dissatisfied customer, so never under estimate its importance.
Protecting your business against the financial ramifications of claims made against it is easy with computer contractors public liability cover. This insurance can help provide financial remuneration in the event of such things as injury to a third party or their property that has been caused by one of your employees.
Claims against you for loss of documents; negligence; third party injury; etc – these are difficulties that any business could encounter at any time.
The good news is that you can get different types of professional indemnity insurance, all of which can help protect you and your livelihood in the face of financial loss.
Computer contractors public liability cover can help keep your business running in the event of a claim against your company which, if it went to Court, could affect its – and your – financial stability.
So what should you consider when purchasing computer contractors public liability cover?
First of all, it is important that you buy the cover from a reputable provider, someone who is a specialist in this niche insurance sector. Finding the right cover that suits your needs can be simple when using a specialist provider of computer contractors public liability cover. They will often be able to offer tailor made insurance so that you get exactly the level of protection, and benefits, you need.
And when buying your policy, remember to check out how much the excess will be in the event of a claim.
It is also key that you ensure that you are properly covered as often, there may be a long delay between an event and the subsequent claim. For example, if you are in the middle of changing insurers, ask your new provider whether they will accept new claims for prior incidents. You may have to overlap your insurances otherwise.
It goes without saying that you should always check that you have the sufficient amount of protection needed. If you are under insured, your policy will probably not be able to meet the full claim against you.
As with all insurance policies, the policy features and benefits of the insurance can differ depending on the providers. Therefore, always ensure that you check them to confirm the pertinent points of the insurance and that you are getting the cover right for your business.
As you can see, having computer contractors public liability cover can help protect your livelihood against the unexpected and should be considered by every company owner.