23-01-21, 03:06 PM
(23-01-21, 02:35 PM)pilninggas link Wrote: I think there was a story about 5 or 6 years ago (probably longer given memory compression) of a woman with a teashop. A customer got injured and sued her - no public liability. Lost everything: business, house, the lot. The thing i remember was that insurance would have cost her about £250/year tops. To run an sort of business without protection from liability seems silly to anyone with a modicum of common sense.
I know of others who are in the trade who've blown motors even burt bikes while working on them, no insurance. The other problem with situations where traders don't have cover and aren't in a position to pay or cover small claims and court judgements etc. The owners lose and at their cost have to replace motors/parts or lost their bikes, if the knobs don't have assets or money, you can't get blood out of a stone.
I'm aware of a few who've got judgments against them and are still trading, that something that happens in the car trade a lot :evil
Later