December 3, 2022


Business/Industrial Goods and Services

7 Ways To Reduce The Cost Of Your Business Insurance business insurance

Simply Business is one of the UK’s biggest business insurance providers, covering both small businesses and landlords. We can help you find exactly the right insurance policies to cover every area of your business. We offer a comprehensive range of business vehicle insurance to suit every industry and requirement — saving you time, money and hassle. Yes, you can get business insurance before registering your business. When you’re buying business insurance, you probably won’t be asked for your company registration number or other registration details.

The same rules apply – the bigger your client, a higher the level of cover needed. The higher the level of protection you choose, the more protected you’ll be if you’re faced with a claim for compensation. Choose too low a level of cover, and you’d be personally liable for any shortfall should a large claim be made against you. Whether your shop is online or on the high street, we’ve got you covered with our contents insurance for businesses.

Personal accident cover provides payment if anyone in your business between the ages is unable to work because they’ve been injured in an accident, whether in a business or personal capacity. Tools removed when the vehicle is not being used for business purposes for more than five consecutive days. Cover excludes electrical items such as laptops, cameras, mobile phones, removable satellite navigation systems, and handheld survey equipment. We know how important tools and equipment are for tradespeople. Pays the legal costs of providing specialist lawyers and taking action against many common legal problems, for instance disputes with suppliers or clients.

Financial Lines

You can put together your own training or bring in a third party to conduct a programme or seminar. Whether you run an established business or are just starting out, each year you can benefit from comparing the rates that different insurance companies offer. Our team of expert advisors can help you find exactly the right protection to cover every area of your liability. Our team of expert advisors can help you find exactly the right protection to cover every area of liability. If a waiter working at a restaurant slips on a wet floor where there’s no sign and breaks their leg, then you might needemployers’ liability insurance. To help you spread the cost of your premiums, we offer a quick and easy direct debit scheme for payment spread over ten months.

  • Business insurance gives you protection from everyday business risks to large, unexpected compensation claims.
  • Whether you whizz through online or talk it through with the team, you’ll get everything you need and nothing you don’t.
  • Call us and you’ll talk to bright, knowledgeable people who have your interests at heart.
  • If you’ve 0-9 employees, you can get a quote then buy, all online.

Other policies, such as public liability cover, can offer invaluable reassurance and protection. Commercial public liability insurance protects your company from such third-party claims. Although it’s not a legal requirement to have this type of business insurance in the UK, it safeguards you against liability claims. Anyone can make a claim against you if they feel their property has been damaged or they have been injured as a result of your business activities. Having public liability insurance in place provides the reassurance you need for unexpected circumstances, as there are several factors you just can’t plan for.

Tools, Stock And Business Equipment Insurance

business insurance premiums can be a significant expense for a small business. If you can find ways to keep those expenses down, it will lower the amount of cash flowing out of your company. Lowering the amount you pay in insurance premiums will benefit your business overall. Safeguarding the financial security of your business is essential. That’s why we’ve teamed up with our partner AIG to bring you a number of options should you, or a key person, partner or shareholder, become critically ill or worse. Try us out and see how we can help save money and make finding the right insurance cover that little bit easier for you.

Invest in one of these policies and your business will be covered if you’re the victim of theft, damage to property, or fraud. For more information on our business insurance policies and the impact of Coronavirus. It’s essential for those tradespeople that rely on their tools day in and day out for getting the job done.

Whether you whizz through online or talk it through with the team, you’ll get everything you need and nothing you don’t. Public Liability Insurance Protects you if a member of the public or visitor to your premises suffers injury or property damage. Professional Indemnity Insurance If your client claims you have provided inadequate service or advice. Equipment breakdown insurance protects your business against sudden and unexpected mechanical or electrical failure. Portable equipment and tool insurance– covering the tools you need to do business, wherever you are.