Public liability insurance is the most important cover you must know about! It does not only pay for the claims you attain but also topples a succesful business putting ideal customers and partners to your services. In simple words, the public liability helps a customer or the third party helping them cover up any kind of damage as a result of their business activities. This means that you would have to pay the compensation claim and incurred legal expenses, but you can cover all these with the public liability insurance. In case a person slips on a wet floor in your business premises or someone falls on some stairs because of a ripped carpet, your business could be liable in a way its responsibility to provide a safe environment for the public.