Small business insurance

When running a small business insurance is a great way to keep you safe and secure from any unwanted and unexpected circumstances.

Small business insurance can include a range of services and coverage levels for your business. These are by in large very similar to businesses of a medium and large size, although some policies are great for tailoring to the more specific needs of some small businesses.

Some kinds of insurance that can be included in this kind of coverage is public liability insurance. Public liability insurance is very important for small businesses: it provides cover for anything that might happen when coming into contact with the public or your clients. If, in the course of or because of your business operation, a member of the public is injured or their property is damaged, you will be covered by public liability insurance. Naturally, this is vitally important if you interact on a day to day business with clients.

Employers liability insurance is another integral part of this sort of insurance cover. Employers liability insurance covers you from anything that might damage your business as a result of your employees. Employers liability insurance is actually compulsory by law in the UK: businesses need to have at least £5m cover.

Another important element to consider for your small business insurance is product liability insurance. This is particularly important if goods are at the heart of your business, for example if you run a small shop. Not only does it cover your products in case of damage, but it also covers you in case your products injure a client or damage their property.