What is the public liability insurance of the property company?

Legal analysis: Public liability insurance refers to the economic compensation liability that the insurer should bear according to law when the insured conducts production, business or other activities in public places and causes personal injury and property losses to others due to accidents.

Legal basis: Article 1 19 1 of the Civil Code of People's Republic of China (PRC). If the employees of the employing unit cause damage to others due to the performance of their work tasks, the employing unit shall bear the tort liability. After the employer assumes the tort liability, it may claim compensation from the staff who have intentional or gross negligence. During the period of labor dispatch, if the dispatched personnel cause damage to others due to the execution of work tasks, the employing unit that accepts labor dispatch shall bear tort liability; If the labor dispatch unit is at fault, it shall bear corresponding responsibilities.