We provide local government business insurance quotes and cover from our panel of specialist liability insurers and our own unique underwriting facilities in the United Kingdom. As business insurance brokers we offer a highly competitive quote and cover service for local government business insurance with full quotations containing all premium and cover information to help you make an informed choice.
What business insurance do local government need?
The types insurance that you need will depend very much on how your business is set up. For many the local government commercial combined policy provides a broad range of covers designed to offer cover for a range of different contingencies such as;
- Property and Material Damage
- Business Interruption
- Business Money
- Glass Breakage
- Combined Liabilities
- Business All Risks
- Goods In Transit
Some policies are arranged on a package basis and these tend to provide extremely good value with broad cover at competitive premiums, whilst other policies will provide a basic level of cover and you can decide which sections of cover you require under the policy. For many local government businesses the most important business insurance protection they need is an appropriate liability insurance policy and we offer a fast and very competitive quote service for the liability insurance needs of local government.
Why do local government need liability insurance?
As with other businesses, local government are exposed to the possibility of legal action being taken against you in respect of your legal responsibility for personal injury or property damage arising during the course of your activities. Claims is respect of these liabilities can be expensive to defend and even more costly if your are found legally liable. Your local government liability insurance is there to protect you against these losses by providing you with insurance in respect of awards made against you and the defence costs of any claim.
What sort of liability insurance do local government need?
For the majority of businesses there are basically two types of liability insurance that need to be considered.
- Public liability insurance protecting you against claims made against you in respect of your legal liability for personal injury or damage suffered by third parties. The public liability insurance can also include products liability insurance to protect you against claims made against you arising from the sale or supply of a product.
- Employers liability protecting you against claims made against you in respect of your legal liability for death, disease or injury sustained by an employee during the course of their employment.
It is worth nothing that businesses that provide professional services may also need to consider professional indemnity insurance as part of their liability insurance arrangements.
These days it is a very simple process to obtain quotations for your liability insurance, simply apply on-line or call us directly to discuss your requirements with a broker and you will have your quote in less than 5 minutes. The on-line service presents you with fully detailed quotes from a range of insurers, with the lowest priced option first and full documentation is available for each policy on-line. If you are happy with the quote you can buy it there and then and receive your policy immediately. if you need further assistance, talk to a member of our team and they will be delighted to help you.
How much does liability insurance for local government cost?
The cost for liability insurance for local government is, as with all insurance, based upon the risk information received by the underwriter. These days liability insurance tends to be less costly than in recent years, but unusual factors such as work in hazardous locations will affect the premium you pay along with the number of people engaged in the business and whether you have previously had claims made against you.
How much liability insurance do local government need?
The limit of indemnity is the maximum amount the insurer will pay our for a single claim, or in some cases the maximum amount they will pay out in a year. This limit is set you based upon your requirements. Common limits under these policies are £1M, £2M £5M and £10M although other limits are available for local government. Choosing this limit you will need to decide how much cover you think you will require and this may depend on the type of work you undertake, but more commonly these days, the contractual requirements you work under such as requests for a certain limit from local authorities etc. For employers liability, the statutory minimum is £5M although in practice policies are not issued with a limit of less than £10M, again higher limits are available upon request,
What is the excess on local government liability insurance policy?
The policy excess is an amount of money that you are responsible for in respect of each and every claim that occurs under your policy. You will generally find a policy excess applies to property damage claims under the public liability insurance and this is commonly £250 or £500. There is no policy excess in respect of claims for personal injury under either the public or employers liability insurance policies.
Additional insurance for local government.
If you have additional insurance requirements, you may find that the commercial combined policy is more suited to your needs. In addition to your liability insurance needs, the commercial combined policy can provide you with a full range of business insurance covers including property damage and business interruption. If you are unsure as to what insurance you actually require, please call us to discuss a full range of business insurance products that are available to local government. Apply on-line for local government business liability insurance or call us direct to discuss your requirements with one of our business insurance team.