Bathroom Installation Insurance
Public Liability Insurance for bathroom installation contractors is very important. As a bathroom installation contractor your business activities mean that you could be sued by the public for your negligence. Bathroom Installation Insurance is therefore something that should be considered. Although the demise of some firms actively pursuing compensation claims on behalf of customer is well known, the arrival of 'no-win no-fee' agreements and legal expenses cover 'after the event' has meant that access to the courts has never been easier. This ease of access, together with the perception that judges will award compensation in virtually every case - assuming that the business will have cover so that 'no-one loses' - of course this is not the case as the premiums insurers charge have to be increased to meet these claims. As a result businesses have to charge more to meet these increases so eventually the customer pays for the awards that come out of Bathroom Installation Insurance.
Public liability insurance quotes for bathroom installers - minimum premium £750.00
Employer Liability Insurance is compulsory for any firm that employs people. Due to the increase in duties imposed on employers and the rights given as well as ease of access to compensation, a similar increase in claims has arisen with the same result as above - premiums have increased and businesses have to increase their prices to pay for the costs.
Professional Indemnity Insurance basically covers your advice rather than your actions. Many professional people will have a minimal risk of claims arising due to their actions, but may be liable if their customers suffer loss due to their giving bad advice.