If you’re looking for insurance for your small business, it isn’t quite as simple as just buying cover to protect it. There are many different parts of your business to consider insuring, and a raft of policies and packages available for different business types, giving you a lot to think about.
If you’ve just set up your own small business, then we will explain what you need to know, what to expect, and what to consider to get the right business insurance for you.
Do your research
Before starting the search for the right insurance, you need to know or have access to key information about your business, to allow you to know what type of policies you will need, and what insurance you’re entitled to, and what is best for your business.
This will include the nature of your business, the company’s annual turnover, the number of employees, and your insurance claims history. As with any insurance, it is best to shop around and compare quotes.
What insurance will my small business need?
There are different types of business insurance you can buy for your company, but some are required by law. These are:
- Employer’s Liability covers your legal responsibility for the safety of your employees, and should they be injured and awarded damages, Employer’s Liability will cover this cost.
- Motor insurance for any motorised vehicle that runs on a public highway (must cover third party property damages of at least £1 million under the Road Traffic Act).
- If you have plant and machinery involved in your business it legally requires an engineering inspection, covering items such as forklift trucks, lifting tackle and pressure plants.
Certain insurances are a contractual requirement, such as insuring a building on behalf of your landlord, or holding a Public Liability policy when working for third parties.
Most insurance cover that is a legal obligation will come with a certificate of insurance, which you are required to keep as proof of cover for at least five years.
If you’re looking for a business insurance quote online, visit our website today.
Are you looking for a Small Business Insurance Quote?
Just Quote Me is one of the UK’s fastest growing Small Business Insurance Providers. We offer insurance for small businesses – anything from Shops, Offices to Landlords, Restaurants and the Motor Trade. So if you are a small to medium business or SME – contact Just Quote Me to see how we can help.
You can receive a FREE no obligation quote by contacting us on 0800 084 2325 or by filling out our Online Quote System that quotes some of the best Business insurance prices available in today’s every changing insurance market., our online quotes cover all the specifics sections needed to ensure you have not only the best price but also the best cover for your exact business needs.
Our Online Quote System ensures you have not only the best price but also the best cover for your exact business needs.
How we can help with your small business insurance
Our team of highly trained staff will ensure that you are fully aware of not only the cover limits but also the warranties and clauses specific to your policy so that you know what you have to do to make sure the policy will pay out in the event of a claim.
Warranties and clauses can vary from policy to policy and occupation to occupation but a typical clause will be regarding minimum security to your premises such as five lever mortise dead locks, window locks for all accessible downstairs windows etc – theses are extremely important to know so that you can ensure you are meeting these requirement and then in turn your claim will be paid.
Get your small business insurance quote today
For expert small business insurance advice call Just Quote Me FREE on 0800 084 2325 or by fill out our Online Quote System.
No matter the type of business you are running, you will need some form of insurance. Because insurance protects you and your business from losses, it is not only a requirement but also a sensible investment. When you get a business insurance quote online, you might come across various cover options.
So that you can choose the best insurance for your business, it is important you understand the different covers available. Once you know the coverage you need, you can then begin searching for the best price.
Read on for information on what business insurance you may need, and how to get a business insurance quote online.
What Is Business Insurance And Why Do I Need It?
Before you begin looking for quotes for your business insurance, you need to understand what insurance you need. If your business operates with other people, including customers clients or suppliers, then you will need public liability insurance. Because you are operating with others, public liability insurance is an essential but not a legal requirement to protect you from compensation claims.
If you have a business that offers a professional service or advice, then professional indemnity insurance might also be worthwhile. For businesses with more than one employee, employer’s liability insurance is a legal requirement. This is because you will need to be protected against any possible claims from members of staff.
How To Get A Business Insurance Quote Online?
Once you have a good idea of the business insurance you need, you can begin looking for a quote. So that you can get the best deal, it is vital to shop around for your insurance. There are various online services which make comparing quotes much quicker and easier, such as Just Quote Me. Because we understand the time and effort involved with getting various quotes, we do the hard work for you. Simply visit our quick quote form to begin your business insurance quote online today.
A Business insurance quote online allows you to understand the cost of coverage of insurance for your line of business or trade with ease. Insurance comparers such as Just Quote Me cover every kind of worker, business person or tradesperson. It doesn’t matter whether you’re an electrician, shop owner, plumber or operating in multiple working arrangements. You’ll receive the kind of cover that perfectly keeps you insured to work without fearing any eventuality.
You’ve already made sure your employees are working in stable and safe surroundings. Obviously, you want them covered for virtually all issues and risks of the modern workplace. You don’t want the shock of falls and trips or huge compensation claims from your employees. Ultimately, you would want your employees and business safeguarded against all manner of eventualities.
Detailed quote online
If you’re continually hiring contractors, temporary hands and employees, the government requires that you invest in employers’ liability cover. In fact, the size or type of the business doesn’t really matter, as long as you have employees it is a legal requirement to insure them. All accidents will be covered, illnesses and injuries.
Furthermore, while the law requires employers’ liability, additional insurance options will help keep your products and services fully covered. For instance, public liability covers members of the public against damage to property, injuries and accidents.
If you offer professional expert services and advice in your business, professional indemnity makes a lot of sense. In case your advice or expert service dips your client in financial mess and losses, the indemnity keeps you protected.
Receive business insurance quote online now
Request a business insurance quote online now to benefit from a range of options. You’ll get to know all the additional covers available to protect your services and products better. Furthermore, you’ll know what you can receive for the best price.
Use the Just Quote Me Quick Quote Form for a free business insurance quote online and advice.
Get A Business Insurance Quote Online Today
As specialists in this sector, Just Quote Me asking the very simple question ‘What is business insurance?’ may seem a bit strange but it is a common query from new business owners. What’s more even some experienced owners aren’t entirely sure what it is and why they need it so here we’re looking more closely and fully answering the question: what is business insurance?
Business insurance protects companies against losses suffered in the day to day activities of their business. It is especially important should there be a compensation claim made against your company and it covers a range of different types of insurance usually.
Why do I need Business Insurance?
Most types of insurance are not compulsory. However, you need business insurance if you want your business to be protected against every day risks. It can cover everything from professional mistakes to accidents and theft and damage.
Also, some companies only work with others which have particular types of cover in place. If you want to secure bigger contracts and more clients, it is often prudent to ensure you’re insured. The only type of insurance which is a legal requirement is employers’ liability insurance. This is only the case if you have any staff at all.
However, you may also find that your industry regulatory body only accepts members with certain insurance covers too so investing in business insurance is a sensible move.
What type of Business Insurance Cover do I need?
As mentioned, if you have staff, it will be essential to have an employers’ liability policy in place. It is also common for most business insurance packages to include public liability insurance and also professional indemnity insurance. The latter is a particular good choice if your business deals with advice, client data or intellectual property.
At Just Quote Me we have worked with many businesses over the years. We work to ensure they have the level of cover they need at a price which is suitable for their business. If you would like to find out more and discuss your options, please call us today.