Insurance for startups

Tailored business insurance for your startup

Every startup is unique, and you need insurance that reflects this. With Simply Business you can build a policy that guards against the risks that your business will face every day. Whether you have separate premises or you work from home, and whether you employ people or work on your own, Simply Business can provide quick, quality cover in minutes, taking the hassle out of business insurance.

Cover from £6.81 a month, get insured in minutes. (10% of direct debit customers repay their annual policy in 10 monthly payments of £6.81 or less across all our trades insured. Based on data from 1 July - 31 December 2019, for comparison only. Cancellation charges may apply, please refer to our full terms & conditions.)

Selling products online?

We can cover your online trade, with specialist online retailers’ insurance, built for businesses that sell on the web.

What insurance do I need for my startup?

The insurance you need will depend on the type of business you run and the risks you face, but these covers are usually popular with startups:

• Public liability insurance can cover compensation claims if someone is injured or their property is damaged and your business is held responsible. You can choose between £1 million and £10 million of cover. Check your client contracts as they may specify a minimum level of cover.
• Professional indemnity insurance is important for startups that provide advice or offer a professional service, as it can pay compensation claims made by a client because the advice you've given has lost them money.
• Most businesses that have employees (even if these are contractors or temporary staff) are required by law to have employers’ liability insurance. This can pay compensation claims made by employees who have been injured or have fallen ill as a result of working for you.
• If you’re unable to trade, for example because of fire or flood, business interruption insurance covers you against revenue lost during this period. This cover can be an important way to ensure that your business remains stable, even if the crisis is unexpected.
• You can also protect your tools with tools and equipment with business equipment insurance. We understand that your equipment is essential, and with this cover you can ensure that you’re back in business quickly in the event of loss or damage.

Why Simply Business?

• We're one of the UK's biggest business insurance providers
• 9/10 Feefo ratings say we’re good (or excellent)
• 600,000 customers (and counting)
• Claims handled by an award-winning team
• We run things from an expert, UK-based contact centre

Need more details? Hear more about your business cover options from our expert team in a quick set of videos. Just choose the cover you’re interested in and get some expert insight into how each option can help your business. You can also check out our business insurance FAQs.