Business Insurance

Comparing business insurance quotes with MoneySuperMarket and our preferred partner SimplyBusiness is the easiest way to find an affordable deal on cover. Just tell us a little about yourself and your business, and we’ll show you a list of deals tailored to your requirements.

You’ll be able to compare offers by the cost of cover, both monthly and annually, as well as the level of protection you’ll get with the policy and any extras that might be available. Once you’ve found the right deal, just click through to the provider to finalise your purchase.

Employers’ liability insurance is compulsory if you employ anyone, and your business could face a fine of £2,500 for every day you aren’t properly insured.

The Employers’ Liability (Compulsory Insurance) Act 1969 was put in place to make sure businesses take out at least the minimum level of protection of £5m from an authorised insurer to help them pay any compensation costs if an employee is injured or becomes sick because of work.

Professional indemnity insurance can be compulsory if you work as a consultant, a contractor or freelancer, a recruiter, a tutor, a personal trainer, or a private doctor or nurse.

Professional indemnity insurance can also be compulsory if you work in a recognised profession such as architecture, accountancy, law, or if you provide financial advice or your business is regulated.

Some business customers may want you to have professional indemnity insurance in place before they’ll work with you.

Professional indemnity insurance can be compulsory if you work as a consultant, a contractor/freelancer, a recruiter, a tutor, a personal trainer or a private doctor or nurse.

Professional indemnity insurance can also be compulsory if you work in a recognised profession such as architecture, accountancy, law, or if you provide financial advice or your business is regulated.

Some business customers may say they want you to have professional indemnity insurance in place before they’ll agree to work with you.

If you’re a self-employed person who doesn’t employ anyone, you won’t need to take out employers’ liability insurance. But if you do have employees – whether they’re permanent, temporary or contractors –you need employers’ liability insurance.

If you offer advice or professional specialist services as a self-employed person, you’ll most likely need professional indemnity insurance. And if there’s a risk of someone being injured or their property getting damaged because of your work, you’ll need to consider public liability insurance.

As a self-employed business person you should be able to claim for all your business insurance as an expense.

The cost of business insurance varies depending on the level of cover you need and the amount of cover you need to take out. You can also choose to add extra cover such as legal expenses, business and office equipment, and personal accident.

Comparing business insurance quotes can help you get a better idea of how much business insurance will cost for you and your company.