Small Business Insurance & Covers

Whether or not you’re legally required to have business insurance depends on your particular business. Some covers may be a legal requirement or may be required by regulatory bodies.

Every small business should take out insurance to protect against any number of risks, from damage to property to injury to others. Without the right small business insurance, your organisation could be financially liable to rectify damage or cover compensation and legal costs if someone gets hurt.

Your business insurance needs depend on what you do for a living. Public liability insurance is recommended for most businesses, to protect against claims made against you by third parties. You may wish to consider other covers as well such as business contents, buildings and employers’ liability insurance which is required by law if you have staff. Further covers are available such as commercial legal expenses and business interruption which can help protect the loss of income following damage to property by an insured event.

If you are unsure of your business insurance requirements, arrange a call with one of our insurance advisors who will be able to give advice on the right cover for your business. With many years’ experience arranging cover for businesses large and small, we know the risks you face and have access to the solutions available to protect against them.

The cost of your small business insurance will depend on your business activities, location and the amount and type of goods you wish to insure. Like any other insurance, generally the more cover you require the higher the premium.