Business Insurance Through Coversure:
Insuring Your Business's Future
Getting the right business insurance cover could mean the difference between your business surviving or expiring. With businesses facing so many threats these days – everything from the risk of accidents involving the public to deliberate acts of aggression such as a cyber-attack - it's vital to your organisation's future that it is properly protected and properly insured. Happily, your local Coversure office can make getting the protection you need a quick and painless business. From giving you helpful advice to make sure you get the cover you need to providing you with a competitive business insurance quote, insuring your business is our business.
Tailored, Comprehensive Business Insurance Through Coversure
So, for an affordable yet exceptional business insurance policy, get in touch with your local Coversure office. With over 90 offices across the UK, you can rest assured there'll be an office close by that can assist you with your cover. Coversure's access to some of the UK's largest insurers means that you can get a policy from a name you trust, backed by a dedicated and independent customer service team. This winning combination has led thousands of businesses across the UK to trust us with their business insurance needs.
What Can Business Insurance Cover?
Business insurance is known for its flexibility and breadth of protection, allowing the policy to cover against many of the threats that businesses face. Regardless of whether you're an independent flower shop or a large manufacturer, you'll need business insurance and you'll find the cover can be tailored to meet your exact needs. This means you only pay for the cover you need, rather than protection you don't. A business insurance policy can include:
- Public liability – if you're a public facing entity, whether that's as a shop or somebody that provides advice or services to members of the public; you should consider taking public liability cover. If your business, its premises or actions lead to members of the public being injured or their property damaged, your business could be held liable in law. Public liability is there to protect you against the financial implications that this could cause.
- Employers' liability – do you have any employees? Even if they're part-time, contracted or temporary, you'll be required by law to have at least £5 million of employers' liability cover in place. If any of your employees became ill or had their property damaged due to their working conditions or your actions, employers' liability cover would assist with the legal costs of the claims brought against you. As you'll be required to have this policy, including it in your business insurance cover makes sense as you can potentially gain a lower premium for doing so.
- Professional indemnity – if you give advice to your customers then you should consider having professional indemnity cover in place. Professional indemnity – P.I. as it's also known – will shield you financially should you be sued for losses by a customer for giving them poor advice
- Products liability – if you produce or sell products as part of your business, products liability is worth including in your cover. This will protect you against legal costs if you are sued for your products causing injury or illness. Bear in mind, this can affect you even if you're a distributor or retailer, rather than the physical creator or manufacturer of the product.
- Business buildings cover – do you own the building your business operates in? If so, you'll want business buildings cover to ensure your premises are protected from the worst case scenario. Business buildings cover protects you for the cost of repairing or rebuilding your premises if it is affected by a flood, fire or vandalism. If you own the building this is essential cover, if you rent, ensure that your landlord has this insurance in place to allow you to have a smooth transition if the worst does happen to your business.
- Stock cover – if you run a shop, distributor or manufacturing plant then the likelihood is that you'll want stock cover to protect your goods. Particularly if your shop sells expensive items like technology, art or alcohol. Stock cover assists with the costs to replace or repair your stock if it's damaged or stolen.
- Business interruption – for many business owners, your business is your sole port of income to your household. Therefore, if your business was forced to close for a period you could have bills to pay whilst you had no income. Business interruption provides peace of mind against this situation, ensuring you can continue to have an income whilst your business remains closed for repairs or rebuilds.
- Cyber insurance – the modern threat to businesses, small and medium sized businesses have become a key target for hackers and cyber -attackers in this era. In fact, according to the National Cyber Security Alliance 60% of small businesses that are attacked go out of business within six months of the attack. In this day and age, cyber cover should be considered as crucial as protecting your stock or employees. Cyber cover allows you to remain protected from the costs of ransomware attacks, data loss, reputational damage and more.
- Fleet insurance – do you have 2 or more vehicles associated with your business? By insuring them on a fleet policy, you can save time and money over individual covers. Including them within a business insurance policy allows you to benefit from further savings. Fleet insurance offers versatility with your fleet, allowing any named driver to drive the vehicles on your policy.
- Online business insurance – with ecommerce booming in the UK, more and more businesses are looking to trade online, either through marketplaces such as eBay or Amazon or via their own online store. Coversure's online business insurance can protect your stock, your site from hackers and your goods while in transit.