Public liability insurance is designed to cover businesses or an individual's practice from the threat that they will be sued by a member of the public. The basic concept of public liability is that it will cover your business in the event that it causes injury or death to a third party, or damage to a third party's property. Public liability is an essential cover that all artists need in the event that you are pursued by a third party.

The definition for public liability insurance is as follows:

The insurance of liability for accidental bodily injury or damage to the property of third parties.

Public liability insurance applies to all businesses as it is the most basic essential cover. Although it will not prevent you from being sued, it will provide the financial backing in the event that there is a claim awarded against you.

If you do not have public liability insurance and you get pursued for compensation you will be liable to pay the full amount of the claim; if you are not able to pay the compensation you could lose your business, home, and any other assets that you have.