Trusted & experienced
Uswitch for Business is a trusted brand that works closely with a panel if insurers to help you find the right cover for your business.
Compare business insurance quotes
- Compare quotes from a panel of trusted insurers
- Our UK-based team will explain your cover options
- Get a bespoke policy to protect your business
We compare a vetted panel of trusted UK business insurance providers
Why compare insurance quotes with Uswitch for Business?
Any number of things can come along to temporarily stop your business from trading. And when you stop trading, you stop making money. That’s why it’s vital to have a business insurance policy that covers you against all the risks to your business. Here are a few reasons why it makes sense to compare insurance quotes with Uswitch for Business.
Cover against real risks
You know the risks your business faces. We talk you through your quotes to make sure you have all the cover and protection you need.
No unecessary cover
We'll cut through the industry jargon to make sure you only have cover that's suited to the risks faced by your business. No needless extras.
UK-based team on hand to help
Our UK-based team will help you find the right business insurance policy. They are on hand to answer any questions and offer a no-obligation quote.
How Uswitch for Business insurance comparison works
1
We find your details
Just enter your commercial postcode and we'll use industry data to find out more about your business.
2
We talk through your quotes
One of our UK-based team will give you a call to talk you through your policy options to find the right cover.
3
You choose the cover you need
With all the information to hand, you choose the cover that best protects your business and we'll handle the rest.
Your comparison is free.
If you decide to switch, we’ll be paid a commission by the new supplier that is included in the prices we quote.
Why do you need insurance for your business?
The financial protection provided offered by a business insurance policy can guard against all manner of unexpected costs, including expenses in the event of any accidents, injuries or criminal activity. If you don’t have any business cover in place, it will be up to you to foot the bill for repairs, replacements, compensation or legal fees. If you can't meet these costs, this could leave your business in a precarious financial position or could even cause it to cease trading.
At Uswitch for Business, our insurance team can help build a package of combined policies that are tailored to your needs and protect against all the risks it faces.
What does business insurance cover?
Business insurance is an umbrella term for the range of policies that will make up your individual insurance package. The type and level of cover you take out will depend upon the needs and budget of your business.
Broadly speaking, you can take out policies to protect against the following incidents, and then add any other cover to meet the specific needs of your business:
- Accidental damage
- Business interruption
- Fire and flood
- Injury and illness
- Negligence
- Theft
- Storm damage
- Vandalism
If you employ any staff - even just one - you are legally obliged to take out employers’ liability cover. This will protect you against any costs incurred if a member of your staff falls ill or gets injured while at work and then holds you responsible.
And, depending upon the type of business you run, your industry regulators might only allow you to operate if you have specific types of additional cover in place. Accountants and solicitors, for example, must have professional indemnity cover as part of their package.
To find out what cover you'll need to include in a business insurance policy, give our team a call today on 0800 188 4983.
Do you need business insurance by law?
Employers' liability insurance is the only type of cover that's required by law. This means that if you don't have any staff, you're not legally required to take out insurance. It also means that if you do employ staff, the law states you only need to provide cover that protects against claims made by employees who have fallen ill, been injured, or had their belongings damaged while working for you.
But this shouldn't dictate whether or not you take out cover. Even if you're not legally obliged to take out business insurance, you should do so to protect your business against any incidents that could cause it to stop trading or lose money in some other way, such as having stock ruined.
If you don't have the right cover in place, having to foot the bill for these costs could be a disaster for your business.
And while professional indemnity insurance isn't a legal requirement, you might find you need this cover in place before you are accredited as a member of a professional body.
Why compare business insurance quotes?
Just as with business energy, there are a number of different insurance providers out there, some of which offer the same service at different prices. The only way to make sure you’re getting the right cover at the best price is to compare quotes from a range of providers and pick the one that best suits your needs and budget. You can also take out cover with the best-priced specialist insurer for your industry. Our team will help you choose the best option.
Although the cost of your policy will most likely be the main reason you opt for one quote over another, you also need to consider whether the cover on offer fits the exact needs of your business. If your business isn't insured against a particular event then your cover could be worthless if you need to claim. For instance, if you don't include flood insurance as part of your policy and your stock is ruined by flooding, you won't be able to claim on your policy.
Even if you do have flood insurance, you'll need to make sure this covers stock and not just your building and its fixtures and fittings. As you can see, it's important to get the right type of cover to meet your needs and protect against all risks.
You'll also need to consider the level of customer service on offer when choosing a policy. Poor customer service is the last thing you need when making a claim. So it’s worth checking out customer satisfaction scores and online reviews to help inform your decision.
Compare business insurance quotes
How to choose the right business insurance policy
When choosing the types of cover you need, the first thing to do is work out all the risks to your business. For example, if you have customers visiting your premises then you need to consider the financial risks of them injuring themselves on your property and making a claim against you. Similarly, if you store a high quantity of stock in a warehouse then it’s important to assess the potential cost of theft or damage.
If you offer a delivery service, you should consider goods in transit insurance. This offers cover if something happens to your goods while they are being moved from one place to another. It's important to consider every risk to make sure you're covered for every eventuality.
You'll also need to find out whether your business is obliged to have certain policies in place. If you offer advice as a service, for instance, the professional body that oversees your business might insist you have professional indemnity insurance in place before it will agree to let you operate. This is often the case for accountants, financial consultants, surveyors, engineers and healthcare professionals.
And remember that no two businesses are exactly the same, no matter how similar they may seem on the surface. This means there are no off-the-shelf solutions when it comes to taking out cover. That’s why it makes sense to talk to our business insurance team. They can guide you through the process so you can choose the right insurance policy for your business.
Whether you run a microbusiness or a business giant, we can help you compare quotes from a range of leading insurers to find the package that offers you complete cover and complete peace of mind. Call us now on 0800 188 4983, or leave your postcode at the top of the page and we’ll call you back.
Do you need business insurance if you're self-employed?
There are no specific policies you need to take out as a self-employed business person, unless you employ any staff, including temporary and contractors, in which case you'll need to take out employers' liability insurance.
If you're self-employed and offer professional advice as part of your service, it's a good idea to consider a professional indemnity insurance policy. If you have customers or clients on your business premises or at your home, a public liability insurance policy will protect you against financial loss if someone claims for damages following an incident at your property.
How much does small business insurance cover cost?
There's no 'one-size-fits-all' business insurance policy, which means it's impossible to say how much your cover will cost. The price you pay for your policy will depend upon the type of business you run, the number of staff you employ, the part of the country you work in, and other variables according to the types of cover you need.
The cost of your insurance policy can also increase according to the amount of cover you need as well as any additions you make to your policy, such as specific types of cover that might not be included in your basic policy types.
Comparing insurance quotes with Uswitch for Business will help you work out the types and level of cover you need as well as how much it will cost.
Do you need a trade licence before you can get business insurance?
If you're a taxi driver, market trader or run any type of business that needs a trade licence, you should still be able to take out insurance without your operating licence. But if you need to claim on that insurance, your insurer may refuse to pay out if you started trading without the necessary licence in place.
Do you need to register your business before you can get insurance?
You can get business insurance before your business has been registered. It's unlikely that your insurer will ask for your business registration details when comparing cover.
If I add a trade to my business can I add this to my existing cover?
If your business has branched out into different areas - your restaurant now offers a delivery service, for instance - then you'll most likely need extra insurance to cover this new venture. Speak to the Uswicth for Business team to find out what extra cover you need and how you can add it your existing policy.
Why compare insurance with Uswitch for Business?
The most important part of buying business insurance is making sure you have exactly the right cover to protect against all the risks to your business. When you compare insurance with Uswitch for Business, our team will talk you through the types of insurance available to help ensure you're fully covered.
To find out more, enter your postcode at the top of the page or give us a call on 0800 188 4983.
