simply business insurance
Why compare quotes and buy from Simply Business?
- Fast, simple quotation process
- Buy instantly online from trusted insurance partners
- Buy online and get covered instantlyFull customer support from our contact centre professionals
- Full documentation provided online in seconds
- Tailor your policy to your requirements before purchase
- Manage your account online
- Store your quotes for future reference
Our partners
Simply Business work with a carefully selected panel of the UK´s leading lenders.
Professional Indemnity Insurance
Public Liability Insurance
If your business deals with clients or members of the public, or if you come into contact with the public in the course of your business activities, Public Liability Insurance should be the top priority insurance cover on your list.
Public Liability Insurance claims are often extremely high, sometimes running into the hundreds of thousands. This means that a business which isn’t covered could be in serious financial trouble if it found itself liable to pay damages or compensation from its own pocket.
The number of firms now offering ‘no win no fee’ claims services means that no business can afford to be without comprehensive business insurance.
What is Public Liability Insurance?
Public Liability Insurance can cover your business for damages and compensation payouts along with any related legal fees in the event that your business has caused injury or death to a member of the public or damage to their property.
While it is not a legal requirement to have Public Liability cover, most businesses are expected to have a minimum cover of £2m. Companies operating without it may find it more difficult to do business.
Why buy Public Liability Insurance with Simply Business?
- Compare live insurance quotes from leading insurance companies
- Buy direct with us – either online or by phone
- Tailor your policy to your exact business needs
- Speak to knowledgeable staff at our UK contact centre
- No messy paperwork – your documents are held online until you need them
- Link to your policy from your website – show your customers you’re covered
Compare insurance quotes for Public Liability
Public Liability Insurance claim examples
A contractor drives his cherry picking vehicle into a fellow contractor
After driving his cherry picking vehicle from one site to another, the man who was guiding him through the dark street inadvertently found himself trapped when the vehicle was being parked and it ran over his leg, breaking it in two places.
As a contractor, the driver was required to have his own public liability insurance, and as such the injured party was able to claim damages covering: PSLA (pain, suffering and loss of amenity) of £15,000; Loss of earnings to £8,000; Care to trial of £1,500; Medical expenses of £7,000; Claimant costs of £8,500 and his own costs of £7,000.
A joiner punctures a water pipe and causes extensive damage to a development
A joiner was contracted to install all the joinery in 26 of the flats in a housing development. When the cold water system was tested the piping was found to have been punctured, which caused extensive water damage to some of the flats.
Although not completely aware that he had caused the damage himself, he found himself liable for the damage and had to claim on his insurance for covering the cost of the repair work and his own related costs, amounting to £35,000.
Repairs to shopping centre sprinkler system result in claims from several parties
Two employees from a company contracted to refurbish the sprinkler system at a large shopping centre neglected to cap off the end of part of some pipework, which resulted in a flood once the water was switched back on. Water damage was caused in the centre premises to the stock of several shops.
The sprinkler maintenance company had insurance to a limit of £5m, which more than covered them for the resulting claims of around £25,000.
Compare insurance quotes for Public Liability
Employers’ Liability Insurance
Every business that employs staff is legally obliged to have employers’ liability insurance to a minimum cover level of £5 million.
Even if you are a small business, insurance covering your employees for injury and illness at work is compulsory, whether you employ 1 member of staff or 50 and whether they are casual workers or full-time.
What is Employer’s Liability Insurance?
Employers’ Liability insurance covers you and your business for any claims against you arising from employees who have been injured at work or experienced illness as a result of working for you, and where the fault lies with you. It also covers you for expenses in legal cases against your business taken by employees.
Holding this type of liability cover means that your business is able to pay any compensation claims by staff without compromising its financial stability. However, if your business does go into liquidation or receivership, holding the cover means that your employee can still claim and be paid damages.
Why buy Employer’s Liability with Simply Business?
What does Employers’ Liability cover?
- If one of your employees became seriously ill, was injured or even killed while working for you, your business could be liable. Employers’ Liability would cover the cost of any claims made and awarded to the employee.
- The insurance also covers the legal cost of the claim, including your own legal fees, and can cover the fees of the claimant.
- If you are involved in a case relating to the welfare of an employee, for example where you may have breached health and safety regulations, employers’ liability insurance would cover your costs and expenses in the defence of the prosecution.
Compare insurance quotes for Employers’ Liability
Penalties for failing to get Employers’ Liability insurance
If you do not take employers’ liability insurance to take effect when your employee starts work, you could face a fine of up to £2,500 for each day you do not have it.
Fortunately, Simply Business offers a fast, easy insurance service where you can compare a range of prices from leading insurers and buy a policy instantly, meaning that you can get cover as soon as you need it. All the documents and certificates are available in seconds online for printing, and remain in your online account to be accessed when needed.
Compare insurance quotes for Employers’ Liability
Professional Indemnity Insurance
Architects, IT professionals, solicitors, surveyors, accountants, journalists – in fact most businesses and self-employed individuals involved with professional services take out Professional Indemnity Insurance to protect against financial claims from clients.
Having appropriate cover will give clients more confidence in your business and it could be the difference between winning and losing a customer.
What is Professional Indemnity Insurance?
Professional Indemnity insurance covers your business from claims against it by clients who have suffered financial loss as a result of using your services. Your insurance would cover compensation claims by your client along with all reasonable costs relating to the defence of the claim, such as legal fees.
Why buy Professional Indemnity with Simply Business?
- Tailored quotes to suit your professional needs
- Choose a quote from a range by leading insurers
- Buy your policy instantly online or over the phone
- Speak with knowledgeable staff at our UK contact centre
- No messy paperwork – keep your documents online until needed
- Link to your policy from your website – show clients you are covered
Compare insurance quotes for Professional Indemnity
What does Professional Indemnity cover?
When your business activities impact directly on another person or their business, for example if you are giving financial advice or surveying a property, you are at risk of claims for ‘business injury’.
This means that your client has suffered financial loss as a result of your work on their behalf. Claims could arise from negligence, error or omission on your part; infringement of intellectual property rights; loss of data or documents; libel slander or defamation; breach of confidence or confidentiality.
- 27th Jul
- 26th Jul
- 15th Jun
- 4th May
- 7th Apr
