Commercial Liability Insurance for Small Business

There are a number of commercial liability insurance covers; starting with general and public liability, that small business owners should consider obtaining. Below are some of the different covers.

• Public liability insurance – may protect you against claims from harm or damage to other people or their property caused from your work activities ; work at site including unauthorized access, attractive nuisance, liability for sub-contractors, vicarious liability for sub-contractors.
• General liability insurance – General Liability Insurance, also known as public liability insurance in Australia, is the core insurance for most small business owners, self-employed contractors and sole traders.
• Product liability – may protect you when products you have supplied, repaired or manufactured cause harm, injure someone or cause property damage.
• Commercial property – damage to commercial premises ; may cover for property damage ; glass cover is an option
• Professional indemnity – generally for businesses providing advice for a fee
• General property insurance – may cover damage or loss to a small business owners equipment such as tools, mobiles, computers and devices.
• Business insurance pack – you may be able to combine covers in a specially designed policy for a small business. Ask your SMART broker for details.
• Marine cargo – cover if you receive or send goods such as building materials via post or freight.
• Commercial motor – may cover any vehicle – car, van , light truck – that you own and use mainly for your business.
• Cyber Insurance – can help cover financial losses following a cyber security breach.

Trying to work out what commercial liability insurance policies your small business needs?

Talk to a SMART business insurance specialist on 1300 542 573 for a commercial liability quote TODAY.

When comparing Commercial Liability Insurance quotes and policies for your small business activities there is a lot to consider!

Some of the most important things to consider when you are after a Commercial Liability policy to protect your small business:

• Have you been rated correctly based on your business activities? Will the policy cover you for your business activities?
• What is the support you will receive if you need to claim?
• If you need to claim will you be dealing directly with an insurance company, the insurance company agent or will you have a broker to represent your interests?
• What are inclusions and exclusions of your Commercial polices, including your Public Liability policy?
• What are the excesses, sub-limits and deductibles within Commercial polices, including your Public Liability policy?

There is a lot to consider when comparing Commercial Liability insurance quotes and policies. Want some help? Please call us at 1300 542 573 to talk to a friendly business insurance broker.