Is it illegal to operate a business without public liability insurance?

Question

dev · Accepted Answer

For many licensed trades, such as building, plumbing, and electrical work, Public Liability insurance is often a compulsory requirement under state or territory licensing regulations. The specific level and type of cover required can vary depending on your occupation and where you operate.

Even where Public Liability insurance is not legally mandated, choosing to operate without it can expose you to substantial financial risk. If your business activities result in injury to a third party or damage to someone else’s property, you may be personally responsible for the associated costs, putting both your business and personal assets at risk.

Is it illegal to operate a business without public liability insurance?

Is it illegal to operate a business without public liability insurance?

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