How much is public liability insurance for a market stall?

The cost of insurance for your stall is influenced by a number of factors. This includes what limit of liability you need and what State you operate in. The cost will also depend on whether you require just Public Liability Insurance or both Public and Products Liability Insurance.

At AUZi Insurance, the cost of a three month market stall policy starts at $88 and an annual market stall insurance policy starts at $145.75.

There are several options for length of cover – one day, three days, three months, six months and annual. You can also add Products Liability Insurance

Our Stallholder Insurance has NIL Excess

Do you need public liability insurance for a market stall?

Yes. To trade at a market, the Market Organiser can make market stall public liability insurance compulsory to operate at their market, fete, fair, show, festival and many other events.

Though it isn’t just a box to check, insurance is essential in protecting your business and livelihood against financial ruin. There are many risks associated with operating a market stall which could result in a claim that could significantly damage your livelihood if you are not properly insured.

Do you only need one day market stall insurance?

If operating at the markets isn’t a regular event for your business, you do have the option to purchase market stall insurance for one day. While purchasing an annual policy will be more cost effective, you can take out a one day cover for a price starting from $41.80.

How to set up a market stall

When setting up a market stall, there are many factors you need to consider. From market stall product ideas, to design and the business essentials like insurance. We’ve spoken to market veterans and budding entrepreneurs to put together our guide on How To Set Up A Market Stall.

Public Liability Insurance for Stallholders at Markets, Fetes, Festivals and Car Boot Sales.

So, you’ve got an idea of how to set up your stall, your products are ready to go, you’ve set your prices and you’re looking forward to a good day’s trading.  But, what about Market Stall Liability insurance?

Explain Public Liability Insurance to me

Public Liability Insurance for market stalls protects against Personal Injury and Property Damage claims arising from Market Stall Holder activities. For example, while you’re bumping into the market, you accidentally scratch the Stall Holder/Third Party’s car next to you with your marquee or table. Subsequently, the Third Party holds you responsible for damages for $3,600 to repair their car. In this instance, your Public Liability Insurance will protect you with a Nil excess.

As a Stall Holder/business owner, claims of this nature and worse can be brought against you at any time. Therefore, it is highly recommended to safeguard yourself from these unpredictable claims. Otherwise, it could potentially ruin not only your business, but your livelihood and all your hard-earned assets – regardless of your industry.

However, the potential cost of damages doesn’t end there. As someone that sells a product, you should also consider Products Liability Insurance. Products Liability is designed to protect you against Personal Injury and Property Damage claims arising from the products you have sold. For Example, you have sold a hot water bottle which has leaked on your customer causing serious burns. After that, you’ve been deemed negligent (at fault), your Products Liability policy will protect you. Please refer to our Excluded Products here.

Moreover, please take the time to read the policy wording and exclusions to ensure you fully understand our policy and to ensure it meets your needs.

Market Stallholder Insurance options

1 & 3 Day cover

Starting from $41.80
  • Choice of Liability limits $10,000,000 or $20,000,000
  • Option to add Products Liability

3 & 6 Month cover

Starting from $88
  • Choice of Liability limits $10,000,000 or $20,000,000
  • Option to add Products Liability

Annual cover

Starting from $145.75
  • Choice of Liability limits $10,000,000 or $20,000,000
  • Option to add Products Liability

Annual Plus cover available for online sales - starting from $225.50

You will receive the lowest daily rate by choosing our Annual policy

Want to get down with the nitty gritty of Public Liability Insurance? Square have written a great article that explains it all in depth – read it here.

So, what does our Liability Insurance include?

Accidents can happen at any time, often when least expected. If someone suffers a loss due to your market stall activities, it is all too common for individuals to call upon a lawyer to seek compensation. Public liability insurance for market stalls is a business essential. 

If you want to avoid a mistake costing you your hard-earned money, your reputation or even your business, it’s worth getting insured to protect yourself.

Implications of Cancelling your Product Liability OR Professional Indemnity Insurance Policy

Product Liability is an occurrence-based wording. This means, the insurance needs to be in place at the time the incident/injury/damage occurred for there to be a valid claim. Professional Indemnity Insurance is a Claims Made wording. This means an insurance policy needs to be in place at the time you provide the service and at the time of the claim and/or incident in order for your interest to be protected.

If you cancel your insurance today and an incident is notified and/or occurs tomorrow for a product or service you provided last week, you will not be covered. Read more on this here.