Facts & Figures
Maximum security for your company!
What is public liability insurance?
No matter what industry you work in, as an entrepreneur you bear a great deal of responsibility. Accidents, damage to third-party property or personal injury can result in high compensation claims and place a financial burden on your company. Our business liability insurance offers you optimum protection against these risks.
FAQ on public liability insurance
We have summarized the most frequently asked questions about business liability insurance (BHV) for you in our FAQ. Our experts will also be happy to provide you with individual advice.
Public liability insurance is important because it protects the company from high financial burdens that can arise from third-party claims for damages. Without this insurance, the company would have to cover all costs itself.
Public liability insurance generally covers personal injury, property damage and the resulting financial losses caused by business activities. This includes
- Accidents suffered by customers or visitors on company premises,
- damage to third-party property caused by employees, and
- damage caused by defective products or services.
As a rule, the following are not covered
- Damage caused intentionally,
- Damage to your own employees (this is covered by employer's liability insurance),
- pure financial losses without prior personal injury or property damage (there is special financial loss liability insurance for this) and
- damage caused by the use of motor vehicles (this is covered by motor vehicle liability insurance).
- General business liability insurance: covers the basic liability risks of the company
- Professional liability insurance: specifically for certain professional groups such as doctors, lawyers or architects who have particular liability risks
- Product liability insurance: covers damage caused by defective products
- Environmental liability insurance: covers damage caused by the company's environmental impact
Yes, there are special public liability insurance policies that are tailored to the needs of specific industries, such as construction, catering, healthcare or IT service providers.
Extended liability insurance provides cover for claims that occur after the business liability insurance has ended but were caused during the term of the policy. This is particularly important when a company is closed or sold.
Further insurance solutions
In addition to public liability insurance, we also offer numerous other insurance solutions that could be of interest to you.
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