Ensure your business is protected with public liability insurance in Perth, Sydney, Melbourne, and Brisbane. This insurance covers legal costs and damages if your business activities injure a third party or damage their property. In Australia, many small businesses are sued each year, making this coverage essential.
Public liability insurance covers bodily injuries to third parties that occur on your business premises or due to your business operations. In Australia, the average public liability claim for injury is around $10,000.
This insurance also covers damages to third-party property caused by your business activities. Property damage claims can be substantial, particularly in industries like construction, where equipment and property damage can run into tens of thousands of dollars.
Public liability insurance covers the legal costs of defending your business against claims. Legal fees can be significant, with complex cases often costing upwards of $100,000. This coverage ensures you are not financially burdened by legal disputes.
This coverage is crucial for businesses that interact with the public. For example, retail stores and restaurants need protection against potential slip-and-fall accidents.
If your business manufactures or supplies products, public liability insurance can cover claims of injury or damage caused by those products. In Australia, product liability claims are on the rise, with many businesses facing significant financial risk without proper coverage.
Many public liability policies offer worldwide coverage, ensuring your business is protected even when operating internationally. This is particularly important for businesses that export goods or provide services overseas.
Certain industries in Australia are legally required to have public liability insurance. For instance, businesses operating in public spaces, such as markets and events, must have this coverage to comply with local regulations.
Public liability insurance is a vital component of risk management. It provides financial protection against unforeseen incidents that could otherwise cripple your business. According to a report by the Australian Small Business and Family Enterprise Ombudsman, the cost of claims can be a significant burden on small businesses.
Having public liability insurance also helps protect your business reputation. In the event of a claim, the insurance ensures that the matter is handled professionally and efficiently, preserving your business’s good name.
Our team of insurance experts provides professional advice to ensure you have the right level of coverage. We stay updated with the latest industry trends and legal requirements to offer the best possible service.
We pride ourselves on our efficient claims handling process. Our dedicated team works closely with you to ensure that claims are processed quickly and fairly, minimizing disruption to your business.
BAU Risk Services offers competitive pricing for public liability insurance without compromising on coverage. We aim to provide affordable solutions that offer comprehensive protection for your business.
For comprehensive public liability insurance in Perth, Sydney, Melbourne, and Brisbane, contact BAU Risk Services today. Get a quote now to protect your business from potential risks.
Understanding the claim process is crucial. At BAU Risk Services, we ensure a smooth and efficient claim experience. From the moment you report a loss, our dedicated team guides you through every step. We aim to process claims swiftly, minimizing stress and disruption to your business.
Keeping your business covered, so you can keep business as usual.
BAU Risk Services Pty Ltd is a Corporate Authorised Representative (CAR No. 001308013) of Apollo Risk Services Pty Ltd AFSL 403727 and provides General Insurance and Risk Management Services to their Australia wide clientele.