Business Insurance Cost Calculator UK

How much does business insurance cost in the UK?

A sole trader doing low-risk work can be fully covered for £250 to £600 a year. A small team with leased premises, stock and employees typically spends £1,200 to £3,500. A restaurant or retailer with ten staff usually spends £3,000 to £8,000, a contractor with twenty staff and vans £8,000 to £22,000, and a manufacturer turning over £5m between £15,000 and £45,000.

What is actually compulsory

Only two business insurances are legally required in the UK: employers' liability of at least £5 million for almost every employer, and motor insurance for any vehicle used on the road. Everything else is either a contract requirement or a commercial judgement — although most clients, landlords and lenders insist on public liability, and regulated professions must hold professional indemnity.

Packaged versus piecemeal

A packaged commercial combined policy typically costs 10 to 12 per cent less than buying the same sections from different insurers, and removes the gaps where two policies meet — which is where declined claims cluster. The most under-bought cover in the UK market remains business interruption.

Explore business insurance, price the single most requested cover with the public liability calculator, or call 020 8908 2426 to speak to a named broker.