Public liability insurance is also necessary for web designers, who may offer services rather than necessarily sell goods. You could be held accountable as a web designer if your client suffers a loss or damage as a result of your work. You may be protected from financial losses brought on by such claims by purchasing public liability insurance.
If a claim is brought against you and you don’t have public liability insurance, you will be liable for paying the claimant’s damages. This may result in a considerable financial burden, particularly if the claim is substantial. Your company might have to close down due to the financial burden if you don’t have insurance.
Although it is strongly advised, company insurance is not required in Ontario. But if you have employees, you must carry workers’ compensation insurance, which is mandated by law. To make sure you are in compliance with all applicable insurance regulations, it is crucial to verify with your insurance provider.
Having multiple business insurance policies to cover various aspects of your organization is also an option. For instance, you might carry product liability insurance to cover claims made against you for injuries or damages caused by your products, as well as public liability insurance to cover claims made by other parties.
In conclusion, it is critical to carry public liability insurance if you sell online or offer services as a web designer in order to safeguard your company from financial damages brought on by claims made against you. Even while not all forms of business insurance are required in Ontario, it is advised to have many plans to protect various aspects of your company. To find the best insurance alternatives for your company’s needs, speak with an insurance provider.