Small business insurance just got easier

Small business insurance is a combination of different types of cover designed to protect against the specific risks you and your business may face. From liability and property damage to employee and legal protections, it ensures you’re covered for unexpected situations that could disrupt your operations. Whether you’re after cheap business insurance or a comprehensive policy, with Suited you’ll be able to customise your small business insurance to insure the aspects of your business that matter most to you.

Liability claims - every business, irrespective of its size, faces liability risks. Accusations of causing an injury, property damage or financial loss can come from clients, employees and third parties. Damage or loss to business premises and equipment -  whether you own a laptop or have business premises with specialist equipment, repair or replacement costs may seriously impact your business without the right insurance. Contract disputes and unpaid invoices - if you are a small business, you are responsible for creating and fulfilling your own contracts for your services. However, if your client is not satisfied with your work, they may request a refund, ask for additional work or goods to be provided for free, or fail to pay your invoice. Loss of key personnel - sometimes, the worst can happen, and you may lose your key staff to an illness. The same applies to you if you’re critical to the business. Several products exist to offer financial help in those circumstances.

The type of insurance your business needs depends on its size, industry, and specific risks. Liability insurance for small businesses is often essential, covering claims related to injury or damage caused to others. You may also need professional indemnity, employer’s liability, or business property insurance. These days you can get business insurance tailored to your needs.

The cost of small business insurance varies depending on your industry, the level of cover required, and your business size. Suited offers affordable business insurance with flexible options, so you only pay for the cover you need. Get business insurance quotes quickly and easily online.

Liability insurance for small businesses isn’t always compulsory (other than employers’ liability if you employ staff) but it is strongly recommended to protect you against claims made by customers or third parties. Some industries or contracts may require it. Suited makes it easy to get business insurance with the right liability cover for your needs.

Public liability insurance for small businesses isn’t a legal requirement but it can be required by a contract, especially if you interact with clients or the public. It protects you from costly claims for injury or property damage. Suited’s affordable business insurance options include public liability to ensure you’re covered.