February 8, 2023

MONTPELLIER

Business/Industrial Goods and Services

Business Insurance Quotes, Business Insurance Cover business insurance

Corporate Insurance With our Commercial Select insurance policy, you can protect yourself, your employees, and your business assets. Our policy includes cover suited to a variety of businesses – from food and drink manufacturing to wholesale, to retail, hospitality and property. Product liability insurance can protect your business if a customer makes a claim against a faulty product you’ve made. For example, if you’re a manufacturer and a customer makes a claim after purchasing a product from you that doesn’t work properly. Covers the time and money needed to put your business back together following a cyber-attack.

Public liability insurance protects you and your business if someone claims their property has been damaged, they were injured or fell ill because of you or one of your employees. Whatever you do for a living, accidents can happen, and they’re not always directly related to the job. If a customer, courier or passer-by makes a claim, a public liability insurance policy covers any legal and compensation costs. Some types of business insurance, such as employers’ liability cover, might be required for most companies under UK law.

See Our Range Of Covers And Businesses We Can Support

With professional indemnity insurance, any legal fees and compensation expenses will be covered – so you can continue with business as usual. We’ve helped customers with cases such as the software professional accused of sub-standard development work and also the wildlife photographer whose photography kit was stolen by baboons. While not required by law, bear in mind that some clients might ask for proof of certain types of insurance, like public liability insurance, before giving you work. As one of the UK’s biggest business insurance providers, we specialise in covers like professional indemnity insurance and employers’ liability insurance.

  • Management liability solutions help protect public, private, and non-profit companies from a wide range of board-level exposures.
  • A micro business is defined as an enterprise that employs nine people or fewer.
  • Figures based on business insurance policies purchased direct through AXA Business Insurance online or over the phone.
  • You might have enough of one but you’ll need lots of all three if it’s your unlucky day.

Business interruption insurance covers your business’s income if you can’t trade because your property is damaged. We can’t cover you for any business interruption that arises as a result of Covid-19 or other pandemic events. With Hiscox, medical malpractice cover is available as part of combinedprofessional, treatment and public liability insurance.

How Much Does Liability Insurance Cost?

We have more than 800,000 customers that trust us to support them with their insurance by providing fast, flexible cover. Reducing your premiums and exposing your business to future losses is a false economy. Examples of underinsuring include understating the actual amount of stock you hold on the premises, or the amount your business generates in turnover. Avoid potential hikes to rates for workers’ compensation insurance by training and educating your employees regarding proper safety practices in the workplace.

Easy to review and purchase, reasonable costs, and they answered the phone quickly when i had an issue. Unlock cash tied up in outstanding invoices to improve your cashflow, help you to seize new opportunities and run your business more efficiently – provided by our partner MarketFinance. Tools, Stock and Business Equipment Insurance If you work from home and don’t own or rent business premises. The prospect of losing income is daunting for any business owner, especially if this happens due to events outside of your control. Personal accident insurance is designed to minimise the impact of a core employee who can’t come to work for over two weeks, or longer. Read our guide to understanding insurance terms to stay in-the-know.

Commercial property insurance, which covers the cost of repairing or rebuilding your business premises, or replacing your stock or equipment. Employers’ liability insurance is a legal requirement if you have employees. There are a couple of exceptions to this rule, which you can read more about here. So if someone is injured or becomes ill as a result of working for you – even years down the line – you’ll have confidence in knowing you’re covered. If you’re still not entirely sure what business insurance you need, that’s okay. When you get a quote, we’ll ask you some specific questions up-front that’ll help guide you in the right direction – no matter what your business does.

Because when things go wrong, we’re the small business insurance experts, experienced in putting things right. You work hard to build your business, so we work hard to help you look after it and protect your good name. Sole traders, consultants and the directors of limited companies can all benefit from our commercial covers. Business insurance is there for anyone and everyone who provides a professional service and might be at risk of having a claim brought against them. This protection means that, should your business suffer an unforeseen knockback, you can feel confident that you and your employees are protected. Meanwhile, your insurer can help to get your business back up and running again quickly.