Newsagent insurance

Public liability insurance

In case your business and products cause an injury or property damage.

What’s typically covered by public liability insurance for newsagents?

Claims against your business for:

• damage to someone else’s property while you’re working, or because of your work
• injury to someone as a result of your work
• accidental injuries caused by your employees at work

For example:

• you’re with a client and you accidentally spill coffee onto their designer handbag, causing a permanent stain
• your client trips over your laptop charger cable while you’re setting up for an appointment, breaking their wrist
• your employee damages a neighbouring business’s property while bringing equipment into your premises

**If you do employ anyone, you’re usually required by law to have employers’ liability insurance too.**

Read more about public liability insurance

Employers’ liability insurance

In case anyone gets ill or injured while working for your newsagent.

What’s typically covered by employers’ liability insurance?

Claims against your business for:

• injuries to staff (including casual labourers and contractors) that are caused as a result of your business
• illness suffered by an employee (including temps and casual workers) caused by working for you

**Employers’ liability insurance is usually required by law if you employ anyone – including part-time staff, temporary workers, and in most cases, volunteers. Without it, you could be fined up to £2,500 for every day you don’t have cover in place. A main exemption is unincorporated family businesses where all your employees are family members.**

For example:

• your office manager breaks their finger while trying to close a faulty window at your business premises
• your receptionist trips over a cable running across the floor of your office, breaking their ankle
• a temp worker scratches their arm on one of your tools, and the injury becomes infected

Contents insurance

In case something happens to your fixtures, fittings, or operational equipment.

What’s typically covered by business contents insurance?

Claims against your business for:

• accidental damage or destruction caused by flood, fire, theft, or vandalism
• cover for your contents, up to the insurance level you’ve selected

For example:

• your bespoke wooden display units and decorative items are damaged by flooding, and need restoring or replacing
• a fire causes serious damage to your premises, and you need to replace all your office furniture
• someone breaks into your business premises and steals the office printer

Read more about business contents insurance

Business legal insurance

In case you’re hit with legal expenses connected to your business.

What’s typically covered by business legal insurance?

Claims against your business for:

• VAT disputes
• theft of your company’s identity illegally
• compensation under data protection legislation

For example:

• HMRC is investigating your VAT affairs, triggered by seemingly incorrect figures on your return
• a fraudster steals your company’s bank details and buys goods to set up a new line of credit with banks or retailers
• a client is claiming you didn’t process their data in accordance with GDPR, and is seeking compensation

Read more about business legal insurance

Personal accident insurance

In case anyone you’ve covered is accidentally injured, at work or off-duty.

What’s typically covered by personal accident insurance?

Claims against your business for:

• if someone named on the policy is accidentally injured or dies while at work or elsewhere
• any hospitalisation benefit or medical costs, plus lost income

For example:

• you fall off a ladder while decorating your home, breaking your elbow
• a member of staff, who’s named on the policy, dislocates their shoulder while playing tennis and can’t work to full capacity
• an insect bite you got on holiday becomes infected and you need to take time off work for hospital treatment

Read more about personal accident insurance

Stock insurance

In case something happens to your products and consumables.

What’s typically covered by stock insurance?

Claims against your business for:

• loss, damage or theft of essential stock
• destruction of stock caused by fire or flood
• the cost of replacing items that you’re going to sell

For example :

• a fire in your shop destroys key stock
• your stockroom gets flooded by a leaking pipe
• someone breaks into your shop, stealing stock and damaging stock they leave behind

Read more about stock insurance

Buildings insurance

In case something happens to your business premises.

What’s typically covered by business building insurance?

Claims against your business for:

• damage to the structure of your building if there’s been a fire, flood, or vandalism
• contents, fittings, and equipment if they’re damaged by an event like a fire or flood
• repair and rebuild costs

For example:

• your shop’s wooden floor is damaged during a flood and needs replacing
• your employee damages an interior wall installing new equipment, as well as a glass door
• after a pipe bursts, you need to spend lots of money replacing flooring

Read more about business buildings insurance

Excess insurance

In case you need to make a claim on your insurance policy.

What’s typically covered by excess insurance?

Claims made by you for:

• when you make a claim on a cover included in your business insurance policy, you won’t need to pay excess

For example :

• after a heavy storm you need to make a claim on your building cover – you don’t have to pay the £250 excess thanks to your excess insurance
• a leak in the bathroom causes a guest to slip and injure themselves and thanks to excess cover, there’s no excess to pay on the claim
• a tenant’s suitcase scratches the wooden flooring in your hallway – you won’t have to pay any excess on your accidental damage claim