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If you’re storing stock on your business premises, it’s just as vulnerable to theft and damage as your tools and machinery. If losing it would cause serious damage to your cashflow, our stock insurance option will help set your mind at rest, freeing you up to get on with the task in hand. Use our simple form to build an insurance policy that includes this cover option.Compare quotes
Simply Business chief operating officer, Chris Slater, explains the ins and outs of stock insurance, why you might need it, and how to get the right level of cover.
Your stock insurance will cover the cost price of your stock. If yours is damaged, destroyed or stolen, you’ll get the funds to buy new stock based on the cost price of the old stock (not the RRP).
If you already have a policy with us and want to add cover for your own or hired plant, give our team a call on 0845 071 0270. We’ll check you’re eligible, and help get you up to date.
It’s very important to make sure you understand what you need from your insurance. Use the check points below to get you thinking.