Hello all, I have a question relating to insurance for a website service I have created and was hoping you could help with some advice.
I have a price comparison website, the visitor chooses the products to compare, is then presented with a list of prices and can then click through to the supplier (most likely the best price).
My business advisor has asked me to look into Public Liability Insurance and Professional Indemnity Insurance but the amount of time it takes to get a quote (no online or phone quotes as it's a website business seemingly) I wonder if it is even necessary?
For the Public Liability Insurance, surely it's not necessary to protect against "Cover if you are blamed for an injury to a member of the public or damage to their property."
At a stretch maybe some malware being distributed from my website that damages their computer but how likely is that likely to end up in court? (or likely that malware would be distributed from a site with no third party advertising or flash)
For the Professional Indemnity Insurance again I doubt it's necessary for "Cover if you make a mistake in your work that damages your customer's business."
I've got the disclaimer about prices can change quickly and that the visitor should always confirm purchases and prices at the checkout of the supplier.
As this is my business advisor it would be handy if I you could post some links I can give her to help convince that the insurance is not necessary, or failing that, why they are.
Any thoughts/help appreciated.