Whether it’s a third party injury or a serious business claim, if you run a small business, there’s a risk that something will go wrong. From public liability insurance to employers’ liability cover, professional indemnity insurance risks and specific trade and equipment insurance, business or commercial insurance can combine comprehensive cover for the specific challenges you face.
The cost of your business insurance depends on the nature of your work, the type of insurance you need, and your cover levels. The amount you pay for your insurance is called your premium. Insurers calculate your premium based on a number of things, including the work you do, the size of your contracts, and the cover types and cover levels you choose.