What business insurance cover do you need?
The most important factor when choosing a business insurance policy is to understand which cover you need. There are a range of optional covers for you to choose from, which will allow you to put together the best fit solution for your business.
In most cases, self-employed businesses will choose to have public liability insurance cover and then add on a number of additional cover products to suit their needs.
What you need depends on what you do. Once the insurer identifies what your business does, they will present you with a list of the optional covers that are relevant to your company.
You can then choose which ones you need, for example do you have stock, tools or buildings that need covering? Do you give professional advice and require a professional indemnity insurance policy?
Throughout the quote process you will usually be provided with more information about each of the cover products. If you need further help, you can also contact the Simply Business advice team to discuss your insurance needs.
How to choose the right policy
moneysupermarket.com has partnered up with Simply Business to help you to compare quotes from top insurers. The right policy for your self employed business must offer the cover levels that you need at a competitive price.
There are many differences between each of the insurers on the panel, so you should review the details of each quote carefully before making a decision. You should also take note of any endorsements and conditions that could affect the coverage of your policy. The comparison table helps you to do this easily.