Why do I need business insurance?

You need business insurance to protect you against the everyday risks that come with your normal business activities. Insurance can cover you against mistakes, accidents, theft, damage and legal fees, but the exact cover you need depends on the business you run and how you run it.

Do I need business insurance if I work from home?

You may need business insurance if you work from home, but what kind of insurance you need will be determined by your particular business.

If you welcome clients onto your premises, then you should consider public liability insurance, in case a client suffers an injury while visiting you.

If you offer advice or a professional service, or if you handle client data or intellectual property, then professional indemnity insurance could be important.

Do I need business insurance for an online business?

Online businesses face unique risks and challenges, and you need insurance that will meet your particular needs.

If you have stock that you sell online, you can protect it against theft and damage with stock cover.

Similarly, if you’d struggle to work without your specialised tools, then tool insurance will keep those covered against theft and damage.

If, on the other hand, you provide an online service rather than physical products, professional indemnity insurance will protect you if a client suffers a financial loss because of your work.

Do I need business insurance as a sole trader?

While you may not need employers’ liability insurance, there are other covers you need to consider.

If you’re a tradesman, you can set up a tailored policy on our tradesman insurance page.

Wondering about your specific trade? You can check out our insurance by industry list to find the cover that’s right for you.

Ready to set up your business insurance?

We’re the UK’s biggest business insurance provider, covering more trades than anybody else. If you’re ready to go you can take a look now and build a quick, tailored quote.

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If you’re not sure about which cover you need, or have other business needs, you can check different types of business insurance to get a better idea, or give us a ring on 0333 014 6683.