Skip to content

How much Liability cover do you need?

It’s important you understand how much liability insurance you need. This will depend on your occupation, risk exposure and legal requirements.

How Much Public Liability Insurance Do You Need?

In Australia, insurers generally offer $5 Million, $10 million and $20 million dollar cover options, but how much public liability insurance do you need? It will depend on your occupation, risk exposure, and legal requirements but is an essential cover for almost all businesses, including small businesses, sole traders, professionals, consultants and corporate entities.

Below we outline the most common liability coverage options. While there is a $50 Million limit, it is not a common option for most small and medium businesses. However it is important to note that some international contracts require this higher amount of coverage if you do business with them. 

If you are still unsure speak to a broker or talk to our team on  07 5631 6050, to discuss your requirement.

$5 Million Dollars Cover Public Liability Cover

$5 million liability cover offers minimal protection. Most brokers would recommend a minimum of $10 million liability cover. While it may seem appealing because of the reduced premium, it is becoming less appropriate for businesses & will often not be enough to cover claims - particularly if they relate to personal injury.

$10 Million Dollars Cover Public Liability Cover

$10 million Liability cover will offer moderate protection and suit most businesses as a starting point. Particularly suitable for small businesses and sole traders.

$20 Million Dollars Cover Public Liability Cover

$20 million is a more comprehensive cover. Businesses that have a high exposure to public, or companies that enter a local, state or federal government contract or work on one of their facilities should be selecting the $20 million Liability cover.

We compare policies and premiums from a number of our insurer partners.

Request a Quote from Insure Tradies for your Business Insurance

Let's get you some quotes - tell us a little about you. 

If your business or occupation does not appear in the list, please select 'Other'.

Please note that we are unable to assist with event, market stall or short term insurance
(less than 12 months).

Tell us a little about your business.









Tell us a little about your business.










Tell us about you.





Tell us a little more about your business.

We're going to ask you some questions about your requirements so that we can get the quote process started. The more details you give us, the quicker we are able to go to market to provide you with comparable quotes. If you are unsure what you need or prefer to talk with someone, please skip through the pages and submit the quote request. 

If you are unsure to any of the answers - please leave them blank.


 


Here are some insurances that apply to most businesses.

Legal liability for injury or damage arising from your business or products.
 
Your portable business equipment - such as tools for a tradie.
The maximum amount that an insurer agrees
to pay in the event of a covered claim under a policy.
Protects premises from covered events such as theft, fire,  or natural disasters.



Loss of business income and increased expenses following a Fire & Perils loss
The maximum amount covered for the loss of a business's gross profit due to an interruption caused by an insured event.
The specified time frame during which a policy provides coverage for losses following an insured event.

Theft of property following forcible/violent entry to the premises
The maximum amount that an insurer agrees
to pay in the event of a covered claim under a policy.
The maximum amount that an insurer agrees
to pay in the event of a covered claim under a policy.
The maximum amount that an insurer agrees
to pay in the event of a covered claim under a policy.





Theft of property following forcible/violent entry to the premises

Theft of property following forcible/violent entry to the premises
The maximum amount that an insurer agrees
to pay in the event of a covered claim under a policy.

Theft of property following forcible/violent entry to the premises
The maximum amount that an insurer agrees
to pay in the event of a covered claim under a policy.
Coverage that protects against the loss or damage of perishable goods, such as food or pharmaceuticals, due to breakdown or failure of refrigeration or cooling systems.
The maximum amount that an insurer agrees to pay in the event of a covered claim under a policy.


Can protect a business and its assets from financial loss due to unexpected
events, accidents, or liabilities that occur to goods whilst in transit.
The maximum amount that an insurer agrees to pay in the event of a covered claim under a policy.
The maximum amount that an insurer agrees to pay in the event of a covered claim under a policy.
The maximum amount that an insurer agrees to pay in the event of a covered claim under a policy.

Can protect businesses against financial loss due to damage
or liability resulting from the use of commercial vehicles.
Vehicle Details
Cover Type


The maximum amount that an insurer agrees to pay in the event of a covered claim under a policy.


About the Vehicle












Insurance Specialty Covers - this applies to some businesses.

Some businesses require additional Insurance coverage. Please indicate below if you would like to know more information on any of these specialty Insurance Products.
Cover for Mobile Plant and Machinery and liability from their use
Machinery Details
Cover Type

* Agreed value option requires a licensed valuers written assessment of value of Machine

Sum Insured should be the Market Value of the machine and include the value of attachments and accessories or separately list and declare.
About the Machine/Equipment





Use of Machine/Equipment

Are any of your machines used or expected to be used:

Yes No



Can help mitigate financial losses resulting from cyber attacks,
data breaches, and other cyber-related risks.
Protects businesses and professionals from
loss due to professional negligence.
Protects businesses and managers for
employment actions, statutory obligations + others.
Can protect a business from financial losses due to
customers' inability to pay for goods or services on credit terms.
Protects builders/contractors from losses due to construction damage.
Protects businesses from from unexpected financial
losses whist employees are travelling.
Aircraft and/or liability associated with aircraft, airports or hangers
Commercial vessels and liability
Liability whilst repairing or working on vessels
Your liability for injury to employees
Loss of income if you are unable to work following illness or injury
Personal Accident Required Information

Personal Accident provides cover for accidents only. Personal Accident & Sickness will include Sickness also. Please note this does not extend to any pre-existing conditions.



Receive payments monthly or annually at claim time.

Period between when the claim occurs and when you will begin to receive payment.

In the event of a claim, how long will you receive payment.


Amount per week you would like to receive in the event of a claim. (Must be a true reflection of your earnings)

The lump sum that a policy can pay you if you suffer a permanent injury that leaves you unable to work. This is an additional payment to your weekly sum insured.


Declaration and Duty of Disclosure

When you apply for an insurance policy, or renew or extend your existing policy, you have to tell the insurer everything about you and your situation that is relevant or could reasonably be expected to be relevant to the insurer’s decision to insure you. You don’t need to disclose something you don’t know, that reduces the insurer’s risk, that is common knowledge, that the insurer knows or ought to know, or something that’s not relevant or the insurer has told you that you don’t need to disclose. With insurance, honesty is the best policy.


Disclosure Questions

If you answer 'Yes' to any of the questions, please enter full details below. 
Yes No


Claim Details





 
Thank you! That's all we need to get started. Please submit your request via the button below and someone will be in touch soon.

Our Insurer Partners

Request a Quote

Complete the form and let us find and compare insurance covers for you.

Speak to the Team

Not quite sure what you need? Chat to the team to get help.

Peace of Mind

Should shit happen, we manage the entire claims process for you.

Why Use Insure Tradies

Our Team specailise in Tradies Cover, we are here to get you and your assets covered, with access to all the major insurance markets and companies including specialist agencies. 

What Our customers say

Thankyou Caleb for the prompt, professional service, assistance in all needs, furthermore explained all parts in a common language so all is understood, thx again Caleb and team

Danny Dobric

Excellent service, Harry was incredibly helpful , professional and a pleasure to deal with explaining the policy and answering all my questions, will definitely recommend this company

Gail Harper

Karen was so helpful, knowledgeable and professional. She worked through all my questions, offered me various options, and navigated me through the whole process, finding the best Insurance Policy for me. She was most efficient, and I am very satisfied with my experience. Thankyou Karen! Like

Chelsea Hooton

Call For Quotes