I'm about to go into a business with 2 friends. It will involve being on other peoples properties and also sub contracting work out to others who will work on these properties. It's possible that some of the subbies won't have any type of insurance of their own.
I've been pushing to have insurance, but it's been argued that the home owner will have insurance and the subbies (most or all) will have insurance and if we have insurance as well that would make 3 sets of cover for the same thing - and insurance companies love this.
Can you guys clarify the whole insurance thing for me. Can you explain what types of insurance you'd recommend and why and what does it cover.
Finally, is Public risk the same as Public Liability?
Thanks
Olly
I've been pushing to have insurance, but it's been argued that the home owner will have insurance and the subbies (most or all) will have insurance and if we have insurance as well that would make 3 sets of cover for the same thing - and insurance companies love this.
Can you guys clarify the whole insurance thing for me. Can you explain what types of insurance you'd recommend and why and what does it cover.
Finally, is Public risk the same as Public Liability?
Thanks
Olly