August 12, 2022

MONTPELLIER

Business/Industrial Goods and Services

Business Insurance Quotes business insurance

Our FAQ guide to cyber-attacks for small businesses runs through the basics, key statistics and some things you can do to stay safer online. Whatever you do for a living, we offer superior service and continual innovation, as seen with ourCyberClear Academy. We won the Feefo Gold Service award in 2017 and our offering was upgraded to Platinum Service status in 2020 and 2021.

With our business insurance you can easily combine different covers and choose from a list of add-ons. You’ll leave with business insurance unique to your business, no-one else’s. While you must make sure you’re not overpaying for insurance, you should guard against underinsuring yourself as it can significantly affect any claims you make if your business suffers a loss. Some trade or professional organisations offer insurance coverage to members through an affiliation with an insurance company. This coverage may be cheaper than insurance you purchase on your own. Even if the organisation doesn’t offer insurance, its members may share tips on how to obtain appropriate insurance at a good price.

  • If someone in your business is unable to work due to a temporary injury, then after 7 days we’ll pay their normal net weekly earnings up to £500 for up to 104 weeks.
  • And now with Business Tech Essentials, if your essential tech is stolen or damaged, we’ll replace it within 24 hours from claim approval.
  • Examples of underinsuring include understating the actual amount of stock you hold on the premises, or the amount your business generates in turnover.
  • An employers’ liability insurance policy minimises disruption by helping with the costs of defending or settling a legal claim.

Theft of Takings covers cash or cheques stolen from you in transit, from a safe or on you while you’re working at other premises, such as your clients’ homes. Small businesses often aren’t prepared for large, unexpected expenses due to a claim, so it’s important to have the right insurance in place. If you’re self-employed and something goes wrong, you’ll be the one responsible for footing the bill. You can pick from a range of cover options to get a bespoke policy for your business. A guide to National Insurance and preparing for the cost of having employees.

Ways To Reduce The Cost Of Your Business Insurance

We are specialised in providing solutions for medium to large trades and services companies, operating locally and internationally. AIG’s global presence means we can offer programs tailored to specific customer needs anywhere in the world, together with logistical support and local market knowledge. Our CyberEdge product covers the obvious and less obvious risks facing businesses that deal with electronic information. A legal requirement for UK businesses, this will help protect you if an employee gets sick or injured while they’re working for you. We’ve teamed up with Simply Business1to offer you tailored quotes from their panel of leading business insurance providers like AXA, Churchill and Hiscox. Our Buildings and Contents Insurance protects your business’ premises, inside and out.

With AXA, you can add a standard £1 million of professional indemnity cover to your business insurance. Small and Medium sized Business Insurance With our business insurance, you can protect yourself, your employees, and your business assets. Our policy includes cover suited to a variety of businesses – from food and drink, to retail and hospitality. The cost of business insurance will vary depending on what type of business you are running, as well as the specific insurance needs of your business. The level of cover you need will ultimately determine the cost. If you employ one or more members of staff then you’ll need to have an active employers liability insurance policy in place.

The broker works on your behalf and should search the market to find the right insurer for you. Experts at NFU Mutual Risk Management Services Limited are committed to providing you with in-depth advice on managing on-site risks and complex health and safety issues. For more information take a look at our guide on small business insurance. No matter what type of business you own, it’s important you understand the risks your business could face, so you aren’t left out of pocket if something unexpected happens. Read answers to common questions about small business liability insurance below.

Business Insurance Cover For You

Business insurance covers your business from unexpected losses e.g. if your equipment is stolen or you make a mistake and your clients decide to sue. As a business owner, self-employed consultant or a freelancer you need to factor certain risks in your day-to-day work. Depending on your profession you may need public liability insurance, professional indemnity insurance, contents insurance or other types of cover. Use our quote tool to check how we can help and cover your company.

Own plant covers larger items of machinery owned by the business, such as cement mixers, diggers, mini-diggers, dumpers, excavators, generators, trailers and temporary site huts and caravans. This does not include regular items in your toolkit, like a hammer. You’re covered for theft of tools when they’re locked in your vehicle overnight that’s parked on your drive, the street or if you’re working away. Technical experts will help fix your IT issues and provide advice on how to prevent future cyber incidents. Download your policy documents instantly, so you can show proof of your cover to clients.

This includes the costs of repairing hardware and restoring data, compensating customers, and covering lost income when you’re offline. Equipment insurance covering the breakdown of your business appliances is essential for protecting your company against unforeseen expenses. From large machinery to your usually trusty photocopier or even a network server, problems with the running of these items can cost both time and money. Business insurance typically protects the interests of a company or trading entity. However, sometimes a personal version – known as management liability cover – becomes relevant to protect leaders from personal risk. Such people might include the directors of small businesses and non-profit trustees.