A public liability insurance quote helps determine the cost of this type of an insurance coverage for your business. The main pieces of information required, to get either an online or offline quote are business type or category, number of employees and details about business activities.
The most general information required for a qoute includes the following:
1. The type or category of business for which you are seeking a quote.
2. For a public liability insurance quote, the second important thing you have to indicate is the type of incorporation of your business (i.e., limited company, sole proprietorship, partnership etc).
3. Indicating your estimated annual revenues of your business, for example the gross amount of receivables in respect to sales and services provided to your clients.
4. Stating whether you have any past incidents or claims brought against your business. If yes, provide the dates, claim amounts and circumstances of the claims.
5. To get a public liability insurance quote, you will also have to indicate whether you have a working area in a commercial or industrial zone, apart from offices or shops.
6. Indicate whether there are any subsidiary companies which have to be included.
7. Indicate the liability coverage wanted out of public liability or product liability. If damage is borne by a third party or a third party's assets on your premises, this is covered under public liability. Product liability comes into play if a product of yours causes damage to a third party.
8. Indicate the maximum no. of workers so that the insurer can calculate the premium. The no. of directors/partners, employee strength, no. of clerical partners and clerical employees, all need to be specified.
9. Any prior claims or past incidents which may lead to a claim being filed are also to be included. Incidents related to occupational conditions or diseases (lung cancer, asbestos related diseases, deafness, dermatitis etc) are commonly required. A claim is a policyholder's seeking settlement under the policy terms.
10. The starting date of coverage is also to be provided for a Public Liability Insurance quote. A 30 day period is what most insurance providers will be able to provide a quote for.
If you are completing an online quote, you will usually be able to receive a quote confirmation immediately to your email account. You are not obligated to anything by completing and submitting a quote application. The quoted premium is a rough estimate and may be a little higher or lower if you decide to move forward. When you do decide to move forward, you will go through the details of your quote application with a representative of your potential insurer.
It is a good idea to get a multiple quotes from different insurers online. This will speed up the process and allow you to secure an affordable premium from a reputable insurer for your business or your home.
![[Valid RSS feed]](http://www.look4articles.com/images/icon_Rss.png "XML Feed For RSS"){kind=icon}
Category Rss Feed
Print This Article
Add To Favorites
![[Valid RSS feed]](http://www.look4articles.com/images/rss.jpg "XML Feed For RSS")