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Information required getting a Public Liability Insurance Quote

Information required getting a Public Liability Insurance Quote
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Information required getting a Public Liability Insurance Quote


A liability insurance quote will help in determining the cost of insurance coverage for your business. The major information required to get an offline or online quote are business category or type, details about business activities and number of employees.

You would require all these information to get a Public Liability Insurance quote:

Usually, for a Public Liability Insurance quote, you will need to:

Specify business type.

The second most important thing you need to indicate is the kind of business incorporation like (sole proprietorship, limited company, partnership, etc).

Specify an approximation of the annual turnover of your business. The annual turnover implies to the total sum of the receivables against services or goods sold.

Also it is important for a Public Liability Insurance quote to give information about any previous claims. Also information about any situations that have resulted into a claim filed against you is compulsory. In case of previous claims, you will have to provide the circumstances, details as well as amounts.

You will have to specify whether you work in an industrial zone or commercial sector apart from your shop or office.

Specify whether there are any subsidiary companies that need to be included.

You are needed to choose product liability or Public Liability Insurance on your application. Product liability insurance is coverage in case your business products cause damage to your client. Public Liability Insurance secures you if a third party suffers damage on your work area.

Specify the maximum number of workers to your insurer so that he can calculate the premium rate. The number of partners/directors, clerical employees and number of clerical partners, all are required to be specified.

Any previous claims or incidents in the past which may result in a claim being filed are also included. Cases related to occupational diseases or conditions like (asbestos, lung cancer, deafness, related diseases, dermatitis etc) are usually required. A claim helps the policyholder seek settlement as per the terms of the policy.

The date from which the coverage started is required to be provided for a Public Liability Insurance quote. One month period is provided by most insurance companies for a quote.

If you are filling an online quote, you will generally not be able to get any confirmation instantly to your email account. You are not obligated to anything by submitting the complete quote application. The quoted premium may be higher or lower than the rough estimate given to you if you decide to take it further.





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Information required getting a Public Liability Insurance Quote