There’s a range of things you can insure your business against and seemingly even more firms that are prepared to provide that insurance.
As a rule of thumb, you need to consider the following insurance for your firm – property insurance, liability insurance, vehicle insurance, business interruption insurance and ‘key man’ insurance, which protects you from the loss of lynchpin members of staff.
These various insurance areas can be covered by packages and with a surfeit of insurers in the market all chasing the small business dollar, you can get a good deal if you shop around.
Make sure you choose an insurer with an understanding in your sector and try and reduce your risk as much as possible in order to get a better deal. There are several comparison sites for business insurance, for example Zippy – http://www.zippy.com.au/business-insurance-savings/