Public liability insurance cover for a welding business may cover you for the costs of your legal representation and any compensation you are ordered to pay when you are defending yourself against, or have been found liable for, property damage or personal injury that is suffered by a third party.
In cases of injury suffered by a third party, this could include compensation for ambulance call-out costs, any medical or rehabilitation treatment required, loss of income of the injured party and other compensation (such as for pain and suffering) that may be ordered by a court. In cases of property damage, it could include compensation for the repair or replacement of any damaged property or possessions that are found by the court to have occurred directly or indirectly as a result of your welding work.
While public liability insurance for welders is not a legal requirement in Australia it is essential for protecting yourself and your business against unforeseen accidents and events that, in the worst cases, can have life-changing financial impacts. It gives you peace of mind knowing that when the unexpected happens you and your welding business can be financially protected.