Looking for a competitive quote for small business insurance? If so, simply find the company that best matches your profile using the Insurance Quote finder* or get an online quote for a small business from the top insurers listed on the right.

Alternatively, read our guide below regarding insurance and what small businesses need to know concerning getting suitable cover and quotes.

Small Business Insurance Guide

Activities in the United Kingdom by a small business is important to overall national income and employ many thousands of people. For owners, its vital to ensure that your small business is covered from an insurance perspective should something unexpected happen which interrupts your daily productivity.

What is defined as a Small Business?

This can vary according to the insurance company concerned, however, the number of employees and amount of turnover is usually a factor. For example, employing less than 5 people and generating between £20,000 and £75,000 is considered a small business by some insurance underwriters.

A small business can be categorised as a sole trader, partnership, or limited company and take many forms such as a professional concern run from an office, tradesman, retail shopping or service, home based business, catering, manufacturer and agriculture for example.

Insurance cover information

The type of insurance cover required depends on the nature of business undertaken. Therefore, the businesses activity and assets such as stock, vehicles, property and equipment all need to be taken into consideration. As a general rule of thumb, a small business insurance policy should cover employers’ liability and public liability. Consider products liability, business interruption, computer cover, personal injury, building and contents insurance, loss of business money, legal expenses, goods in transit, commercial vehicle cover and loss or damage to contract works, plant and tools or hired-in plant if these are applicable to your business.

The good news is that there are packaged policies that include all of the applicable insurance elements needed to protect a small business. These are available to certain industries such as small office, tradesman and self employed, shops and retailers, hair and beauty, pubs, restaurants, takeaways, hotels, motor trade, manufacturers, factories, printers, charities and care homes.