PERSONAL AND PUBLIC LIABILITY INSURANCE - IS IT POSSIBLE TO GET A COMBINED POLICY?
I'm most to ordered up a diminutive mend dealer playing in the UK making furnishings and I am feat to be agitated into a diminutive industrialized organisation which I module be renting. I hit been wise by the grouping who are dealing discover the organisation that I requirement to intend individualized and open badness insurance. I hit finished a some searches on the internet but I can't wager some companies that hit a compounded policy. In another text it seems I hit to intend digit seperate shelter policies for individualized and open insurance. Is this right? Or is it the housing that open badness also includes individualized liability.
OK, I filter to US Only questions (not english only) and this came up, so I'm guessing that maybe you're not going to get many UK answers.
Here in the US, and most of the rest of the world, it's true - there are TWO different kinds of liability - personal, and business. "Public" is a misnomer - public can be either personal, or business. Or maybe it's just a UK way to say 'business'.
But, you CANNOT combine the two. The rating basis and coverages are WILDLY divergent. Business liability does NOT include personal liability, but it DOES extend coverage, to some extent, over employees IN THE COURSE OF EMPLOYMENT. With exclusions, of course.
Shouldn't be a problem…call an insurance agent.
Landlords typically are looking for a General Liability policy which would pay for injury to someone who gets injured on your rented premesis as well as pays for defense costs for product liability (i.e. you leave a staple or nail sticking out of a peice of furniture and it injures someone). The nice thing about this is that you can generally couple this with a property policy (to cover your equipment and inventory) in what's called a BOP (Business Owners Policy). I am not too familiar with the market in the UK as I am from the US, but I would assume it's not much different.
So after all that, the short answer is yes, just call an insurance agent and let them get you some quotes. Insurance companies that will sell you a policy over the internet probably won't be able to help you out with this one.
Good luck!
Normally you get two separate policies. But this should not be a big deal.