Is business insurance a legal requirement?

Employers liability is legally required for any business with employees. Some professions also have regulatory requirements for professional indemnity. Many client contracts require minimum levels of public liability – so even where cover is not legally mandated, it is commercially essential.

How much does business insurance cost?

Costs vary based on your trade, turnover, employee count, and cover types needed. A sole trader might pay as little as £5–20/month for a basic combined policy, while a growing SME could pay several hundred. Comparing quotes is the only way to know your actual cost.

What types of cover should my policy include?

A standard business insurance policy typically includes public liability, employers liability, and either professional indemnity or product liability. You can usually add commercial property, business interruption, cyber liability, and tools cover. Your broker recommends the right combination.

How do I make sure I have the right level of cover?

Working with a specialist broker is the safest approach. They assess your activities, assets, contracts, and risks to recommend appropriate limits. Underinsuring is as dangerous as no cover at all.

How quickly can I get covered?

Many policies can be arranged and activated the same day. Straightforward risks are often covered within hours. More complex businesses may take a day or two to finalise terms with underwriters.

Business Insurance Quotes – Compare & Save

What?

What is business insurance?

Business insurance is a suite of policies protecting your company from unexpected financial losses – typically combining public liability, employers liability, professional indemnity, and commercial property cover into a single package tailored to your trade. The right policy keeps you trading confidently when the unexpected strikes, covering legal costs, compensation, and property damage that could otherwise threaten your entire operation.

Why?

Why does every UK business need insurance?

Employers liability is a legal requirement for any business with staff, and many sectors require professional indemnity by regulation. Beyond compliance, a single lawsuit or incident without adequate cover can result in costs that exceed your annual revenue. Insurance protects your cash flow, assets, and ability to continue trading.

compare

Comparing business insurance quotes with Compare Commercial is fast and straightforward.

Fill in the short form

Tell us your trade, turnover, number of employees, and the types of cover you need. It takes less than two minutes.

Receive your tailored quotes

Our network of FCA-regulated specialist brokers reviews your requirements and sends competitive, tailored quotes. They understand your sector and can advise on the right level of cover.

Choose your policy and get covered

Review your options, ask any questions, and select the policy that works best. Your broker handles all the paperwork.

Smarter choices for your business.

image of individuals using real estate tech

Explore top UK suppliers and save on essential services. Compare options side by side to find the best fit for your business needs.

Utilities solutions

Find the best deals on business electricity, gas, water, and broadband. Save time and reduce costs with tailored quotes.

Banking & Finance solutions

Compare business loans, asset finance, and more. Access flexible funding options to support your company’s growth.

Insurance options

Protect your business with the right cover. Compare public liability, professional indemnity, and other key policies.

Telecoms & IT

Upgrade your business communications. Compare broadband, leased lines, and IT support for seamless operations.

Facilities services

Find cleaning, maintenance, and security providers. Keep your workplace running smoothly and safely.

Business software

Discover the best business software for your needs. Compare CRM, marketing, and productivity tools to improve efficiency and support your growth.

Frequently asked questions

Business Insurance – Frequently Asked Questions

Answers to the most common questions about business insurance in the UK.

Find the Right Business Insurance at the Best Price

What type of premises does your business use?

How many employees do you have?

Which sector are you in?

Which cover types do you need?

Tell us about your business

Your contact details