There are not many business owners who don’t take measures to protect their business from possible third party claims. For this reason, most business owners carry some level of public liability insurance. Without this coverage, businesses could be quite vulnerable to possible claims which could have detrimental effects on the business.
If a third party becomes injured or has their property damaged due to suspected negligence on the part of a business, they are entitled to file a claim seeking retribution for the incident. Sometimes these claims can be settled out of court. However, many times legal assistance is needed. Legal fees can be quite costly. Fortunately, if a business has public liability insurance, these expenses can be covered up to the policy limit. In some situations, claims must be taken to court. These expenses are also paid by public liability insurance.