Compare a range of business insurance quotes here with Savvy so you can get the business protection you need today.
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We’ve partnered with BizCover to bring you a range of business insurance policies to help you compare them side by side.
Business insurance quotes can vary widely across Australia. If you’re after the best policy for your business, it’s important to compare offers from a variety of different insurers to make sure you understand the cover to ensure that it’s right for your business.
Savvy can help you compare insurance quotes online from some of Australia’s most trustworthy insurers. By answering just a few questions about your business and the cover you’re after, you can have a range of options available to compare side-by-side in just minutes. Start your insurance journey here with Savvy today.
Business insurance is a blanket term that describes a range of different types of insurance which cover businesses if things go wrong. It offers financial protection in the event disaster strikes and losses are incurred. The type of events that business insurance can protect against are varied and could include:
Essentially, just about anything that can go wrong for a company can be covered by business insurance, which is why there is such a wide range of insurance to choose from. It is insurance for any business to provide cover and offer protection against unexpected events.
You’ll be able to get a quote tailored to your specific needs right here through Savvy. To get a quote, simply answer a few simple questions about your business and you’ll receive a range of online offers to compare. From there, the elements you should compare to help you decide which one is best are:
The main types of insurance available for businesses to get a quote for through Savvy include:
Public liability insurance
Public liability insurance protects you and your staff against legal action in the event a third party is hurt or injured, or their property is damaged. This includes another person's property which was in your care or possession at the time it was damaged. It’s compulsory for some businesses and public events. Like all insurance premiums, the cost of public liability insurance is tax-deductible.
Building and contents insurance
This insurance covers your basic business assets from threats such as storms, fires, impacts, theft and malicious damage. You may not need building cover if you rent your business premises. However, you will almost certainly need building contents insurance, which can cover all the business equipment in your shop, factory or office.
Product liability insurance
Product liability insurance will protect you against claims that your goods are faulty, dangerous or caused harm to a third party. It can include any type of claim from an allegation of food poisoning to a building collapse. You can still be found liable if you packaged, advertised or retailed it on behalf of the manufacturer. The insurance will cover your legal costs and the cost of any compensation you’re ordered to pay the injured party.
Professional indemnity insurance
Professional indemnity insurance covers the expense of defending yourself in court against claims of negligence, omission or breach of duty by a third party. This can include anything from unsuccessful surgery to giving financial or legal advice which turns out to be incorrect. The insurance will cover your legal costs and compensation you’re forced to pay if the case goes against you.
Business interruption insurance
This will protect your business and help it recover from any catastrophic event which prevents you from making money. This could be a fire, storm, major incident or even a catastrophic event happening to your main supplier or customer. It can cover your workers' wages, your utility bills and the cost of relocation and rent if you have to move whilst your usual place of business is being repaired or replaced.
Cyber liability protection
This insurance protects all your online systems and data from cyber attacks. This could involve a hacking attempt, ransomware attack, your website being hijacked, defaced or stolen or client data being compromised. It can cover the cost of repairing the damage, retrieving your stolen data and defending your company's reputation.
Find the best possible insurance coverage for your business quickly and easily here with Savvy's 100% free comparison service.
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Disclaimer:
Savvy is partnered with BizCover Pty Ltd (ABN 68 127 707 975, AFSL 501769) to provide readers with a variety of business insurance policies to compare. Savvy earns a commission from BizCover each time a customer buys a business insurance policy via our website. We don’t arrange for products to be purchased from these brands directly, as all purchases are conducted via BizCover.
Savvy does not compare all business insurance policies or providers currently operating in the market. Any advice presented above or on other pages is general in nature and doesn’t consider your personal or business objectives, needs or finances. It’s always important to consider whether advice is suitable for you before purchasing an insurance policy.
For any further information on the variety of insurers compared by BizCover or how their business works, you can read their Financial Services Guide.
Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.
We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.
For more information about us and how we conduct our business, you can read our privacy policy and terms of use.
© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.
© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.
Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.
We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.
For more information about us and how we conduct our business, you can read our privacy policy and terms of use.
