Small Business Insurance Discussion Area

edited 14 June 2010 at 5:32PM in Small Biz MoneySaving
77 replies 61K views
Former_MSE_DanFormer_MSE_Dan Former MSE
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edited 14 June 2010 at 5:32PM in Small Biz MoneySaving
This thread is specifically to discuss the


section of the Small Business MoneySaving guide.

If you want to discuss this section, or suggest any new comparisons for consideration, please click reply.
Former MSE team member
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Replies

  • Reed_RichardsReed_Richards Forumite
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    Where do I go for the best deals on Public Liability Insurance?
    Reed
  • dacouchdacouch Forumite
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    What trade are you in and do you have any employees
  • I'm looking to set up an online shop early next year. Initially, I am planning to work from home, so will be storing stock from home (about £10k-£20k, perhaps).

    Can anyone please advise on insurance requirements? I will not be employing anyone.

    many thanks!
  • Savvy_SueSavvy_Sue Forumite
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    You need to tell your home insurer, and they may well decline your business because of the stock, even if you say you don't want to cover the stock (which might or might not be a wise plan).

    You should start with the links in the article linked to in the first post, but you may need to approach a broker for advice and help in getting a good quote.

    You need to consider whether or not you need public liability insurance, ie might you be sued if one of your products goes catastrophically wrong?
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  • lcharmlcharm Forumite
    633 Posts
    Just find a good business insurance broker who is independent (whole of market). They do all the work for you and can give advice.
    Minds are like parachutes - they only function when open.
    - Thomas Dewar
  • You could also try http://www.liability.1st.com/ - they cover loads of different businesses.
    :D I love my nursing necklaces. Keep babies hands occupied and you free to breastfeed in peace.
  • MikkaMikka Forumite
    2 Posts
    Hi.....

    My wife is considering setting up a mobile 'false eye lashes' business.

    She has done all the training etc and has been working in a salon for a couple of years, but as we are moving, she is thinking about going it alone.

    I know she'll need business insurance on the car, but what else?:confused:

    Ta

    Mike
  • Savvy_SueSavvy_Sue Forumite
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    I would have thought she would DEFINITELY need Public Liability, in case anyone's eyelashes ever fall out as a result of her sticking falsies on, or severe allergy to the glue etc! :eek:
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  • You can try compare online. Just google "Public Liability Insurance"

    On moneysaving expert there is a excellent guide availabe: .moneysavingexpert.com/banking/small-business#ins
    Where do I go for the best deals on Public Liability Insurance?
  • graigrai Forumite
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    anyone know where the "start a new thread" button is? Or how to start a new thread?

    (this site needs a serious design overhaul - I've been on here 15 minutes and resorted to typing this into random threads - the overall design is like sensory overload - it needs to be simplified to make it easier to use - rant over - any intructions on how to start a thread would be good)
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