Up to 5 Million Public Liability Insurance

CraftCover specialises in public liability insurance designed specifically for the UK craft industry.

Our depth of knowledge in the craft market means we understand why you need to protect your business with up to 5 million public liability insurance. With this level of coverage, you can rest assured that your business is protected against unexpected claims, to the highest possible level.

What does £5 million public liability insurance cover?

£5 million public liability insurance covers:

Damage to third party property (extensive damage to property belonging to a member of the public as a result of your business activity)
Death or disablement to the public
Personal injury to the public

Up to £5,000,000, public liability insurance can cover most of your interactions as a business. Whether it’s at a craft fair or a craft workshop you’re attending, or on your own business premises, this type of protection offers comprehensive coverage when you’re dealing with visitors, customers or clients.

CraftCover specialises in policy plans with a minimum limit of indemnity of up to £5m, which is ideal for business expecting to interact with the public on a more regular basis.

Who needs £5 million public liability insurance?

Craft businesses who interact with the public regularly or handle potentially hazardous items or materials should consider £5 million public liability insurance. This is particularly important if you’re selling at high end markets and large events.

No matter how unlikely you think it is, as a business, you always run the risk of causing harm or damage to members of the public and their possessions/property. This includes all craft types, such as:

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How much does £5M public liability insurance cost?

The cost of £5m public liability insurance varies depending on:

– The type of business
– What it is you craft/sell
– Business size
– Other risk factors within your business

If you work with more hazardous materials, or interact with the public more regularly, you might have to pay more for the same policy up to £5m that somebody who does not.

Certain factors such as:

– Your number of employees;
– Area of operation; and
– Your claims history

… will also affect the price of your insurance policy.

To find out exactly how much you’ll pay for an up to £5m public liability insurance policy, be sure to get in touch with CraftCover for a bespoke quote.

The benefits of choosing public liability insurance with up to £5 million of cover

There are many benefits which come with choosing public liability insurance with up to £5m of cover:

- Highest level of cover for serious claims – Up to £5m cover ensures you’re protected against even the most serious claims, giving you peace of mind that your craft business is in safe hands.

- Cover for crafters with the highest risk levels – You’ll be protected even when working with more dangerous crafts which are hazardous either to make or to sell. For example, resin can be a dangerous material to work with due to the toxic fumes it gives off.

- Peace of mind Public liability insurance up to £5m guarantees a very significant level of courage which enables you to sell your crafts without needing to worry about claims which could damage or ruin your business.

- Covers small to medium businesses – Cover up to £5m easily covers most medium to large businesses. This allows you to continue business proceedings and grow your business without the danger of being halted by an unexpected claim.

Will £5 million public liability insurance be right for my business?

If you own a medium to larger business, we’d recommend public liability insurance for you.This is particularly true if you interact with the public on a semi-regular basis, given that each interaction or sale puts you at risk of a claim, sometimes in ways you wouldn’t even expect.

With £5 million public liability craft insurance, you’ll be able to operate your business without the fear of a claim causing serious financial harm.

If you want to know more about how up to £5m public liability insurance will protect you, get in touch with us.

Protect Your Craft Business with £5 Million Cover

Should I get £2 million or £5 million public liability cover for my craft business?

£2 million and £5 million public liability insurance plans both offer comprehensive coverage for craft businesses. As a smaller or medium sized business, you can consider up to £2m coverage, as this will cover most claims associated with your business activities.

However, if your craft business is on the larger side, we’d definitely recommend up to £5m coverage. This is to cover all possible claims which might arise, even more serious ones.

Equally, if you want that added peace of mind, up to £5m coverage is probably the better choice for you. Get in touch with CraftCover to further discuss your options.