Choosing the Right Public Liability Insurance Policy for You and Your Business

If you are holding a business, factory, warehouse or a shop, where the general public can frequent, then you will need public liability insurance. Public liability insurance protects you from legal and medical costs that arise from Bodily Injury or Property Damage to third parties as a result of running your business.

public liability

Public liability insurance has become increasingly popular with an increasing number of liability lawsuits being filed every year. For this reason, public liability insurance has become one of the most important type of insurance protection a business can have.

Public Liability Insurance can be a complex subject for you to figure out on your own. It is sometimes difficult to choose the right policy that meets your needs. Working with a specialist Insurance Broker (not an insurance company) like Midas Insurance Brokers can make that process much smoother, as we will work with you as part of your team to tailor the right policy for you and your business.

If you are looking for comparative public liability insurance quotes, you have come to the right place.

The other important piece of the equation rarely ever discussed... Products Liability Insurance

Products Liability Insurance is equally as important as Public Liability Insurance. Products Liability Insurance covers you for bodily Injury and/or property damage suffered by third parties as a result of products manufactured or imported by you.

wheelchair

Manufacturers Products Liability is important if you manufacture goods as there is always a chance that a customer could get injured or killed as a result of an accident with your product. Injury can be as simple as suffering a skin reaction to clothing, or more severe bodily injury caused by faulty brakes in a car. Dont forget that Products Liability also covers you for property damage to third parties as well. You may be a component manufacturer for large machines. If your component breaks down and it causes the entire machine to stop working

If you import products into Australia, it is very important that you have products liability insurance. Under the Trade Practices Act, importers are deemed to be manufacturers for the products that they introduce to the Australian Market. Ie: your business is responsible under law for any products imported by you as though you had made the product yourself.

Products Liability also covers you for property damage to third parties as well. You may be a component manufacturer for large machines. If your component breaks down and it causes someone elses machine to stop working you may be responsible for the repair costs.

6 Reasons to Choose Midas Insurance as Your Public and Products Liability Insurance Broker

It makes good business sense to use a specialist broker such as Midas Insurance when choosing Public and Product Liability Insurance. Listed below are 7 main reasons to choose Midas Insurance as your Insurance Broker:

  1. Midas Insurance is a specialist insurance broker with over 35 years of experience that they will bring to the table when offering you tailored advice for your business
  2. Midas is a broker not an insurance company. Many people use brokers for Liability Insurance because we are more experienced with the dreaded fine print, ie policy exclusions, terms & conditions.
  3. With Public Liability Insurance and Product Liability Insurance its not one product fits all. Thats why we work with you as your partner to tailor the policy to suit your industry, your business and you.
  4. We work for you the client NOT the insurance company
  5. We can help you choose and provide for you the right level of coverage from $5,000,000 all the way up to $20,000,000 for your piece of mind
  6. We are committed to helping you discover the best insurance protection for you.

What this all equates to is reducing your risk and liability for your business workplace and products.

Getting You the Best Comprehensive Insurance Protection at Highly Competitive Rates

Apart from having a wide knowledge of General Insurance we our staff have access to all the leading Australian Insurance Companies but can also facilitate International Insurance Markets, such as Lloyd's of London and the International Underwriting Association of London.

We are thus in a position to obtain the most favourable rates and coverage for our clients.

We can help you no matter how you decide to pay, as we cater for both monthly and annual payments.

Next Steps

Contact Midas Insurance on 1300 664 272 today to have a member of our expert team assist you to choose the right Public and/or Products Liability Insurance policy that meets your needs.

Alternatively complete the form below and we will contact you promptly to discuss your insurance requirements.