Compare office insurance quotes

As the name suggests, office insurance protects your office from unforeseen circumstances, such as theft, flooding or fire. This is important whether you own the office building or rent the space. There are a variety of things that can be insured under these types of policies, for example, cover for your staff and equipment, your office building and even a temporary period of disruption to your business.

Because every office is different, your policy will be tailored to suit the needs of your business. ‘Office insurance’ is an umbrella term that can include all or some of the below policies. Check with your providers when it comes to what type of insurance is included, as you will want to consider some of the following:

Office contents insurance Also known as business contents insurance, this protects items in your office, for example furniture and computers, as well as any other tools and equipment. These items can be protected from loss, damage or theft. This type of insurance is recommended whether you rent or own the property.

When comparing contents insurance, check that all gadgets, such as smartphones and tablets, are covered, especially if you have any particularly pricey tech. While cheap office contents insurance may seem the better option from a financial perspective, if it doesn’t fully cover the products that you most require insurance for, it could end up costing you more in the long run.

Buildings insurance Also known as business buildings insurance, insures the building you operate in. This is valuable if you’re an office landlord and you own the space, as it will provide protection for damages to the fixtures and fittings. Typical cover provides for losses resulting from fire, flood, subsidence, theft and malicious damage.

Business interruption insurance If the worst happens and unexpected events mean you have to stop trading, business interruption insurance will cover you for that period of inactivity. This often includes utility bills, mortgages, staff wages, your income and any profits you would have made if you’d been trading.

Employer’s liability insurance This is a legal requirement if you employ staff. This cover protects you against both the cost of any claims and compensation, should any employees suffer from injuries while at work.

Like all insurance policies, there isn’t a standard cost when it comes to office insurance. The overall price of your quote will depend on the following factors:

• The level of cover you take out – The more cover you include into your combined office insurance package, the more comprehensive your insurance policy will be. Although protecting against all risks might work out more expensive, cost shouldn’t be the only factor you consider. Making sure you have the right amount of cover should always be key consideration.
• Your business – Factors such as the location of your business, the value of your contents and the number of staff will affect the overall price of your policy.

Whether you occupy a small co-working space with one employee, rent a huge office with hundreds of staff, or anything in between, it’s important to get the right cover at the right price. You don’t want to overpay for insurance, but you need the peace of mind you have the right cover in place if you ever have to make a claim.

The simplest way to run an office insurance quote is to tell us what you’re looking for and we’ll compare office insurance online. We’ll compare small business office insurance to larger policies and get back to you with prices. To get started give us a call on #CAMPAIGNBUSINESSSERVICENUMBER# or leave a few details at the top of the page.