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Affordable Business Insurance That Works as Hard as You

Get covered in minutes and keep your business safe.

Through one of the UK’s top Business Insurance providers, Simply Business, you can compare bespoke policies to protect your income, assets and reputation.

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  • Fast, simple quotes
  • Protection against unexpected financial losses
  • Exclusive rewards when you take out a policy with us

Get your quote today - it only takes a few clicks to protect your business.

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What Information Do I Need To Obtain A Quote?


To obtain a bespoke quote through Clarity Compare is relatively easy and quick. You will need to provide some basic details about yourself and your business: 

Your Business Basics

  • Business name and address
  • Type of business or trade
  • Legal structure (ie, sole trader, partnership, limited company)
  • How long have you been trading
  • Annual turnover for the last 12 months

The Cover You Require

Choose:

  • Amount of public liability or employers’ liability cover required
  • Optional extras (e.g. professional indemnity, tool cover, business interruption)
  • Preferred start date for policy

Employee Details

Provide details of your employees, including full-time or part-time, temporary, or freelance/contract workers.

Work Environment and Risk

We may also ask about your day-to-day activities, especially if you carry out high-risk activities (for example, construction, manual labour or working with the public).

What Does Business Insurance Cover?

Business insurance can be tailored to your industry and risks. Policies typically include:

Public Liability

Injury or damage to third parties

Employers' Liability

Required if you employ staff and provides you with protection if staff are injured or made ill due to your work

Business Interruption

Allows you to recoup lost income as a consequence of associated fire, flood or equipment breakdown.

Equipment & property

Protects your tools, stock or premises if they are stolen or damaged.

Professional Indemnity

Covers associated costs, if you provide advice or services that financially impact a client

With Clarity Compare, you only pay for the cover your business really needs.

Other Types of Business Insurance to Consider

Depending on your trade or industry, you may also require:

1. Product Liability

Covers claims for products that cause injury or damage.

2. Commercial Property Insurance

Cover for their premises and contents if damaged or stolen.

3. Landlord Insurance

Required if you're renting out property.

4. Business Interruption

Income protection while you wait for your business to get back on its feet.

5. Key Person Insurance

Protects your business financially from the illness or death of an important member of staff.

Why Use Us

6. Tool Insurance

Perfect for tradespeople.

7. Cyber Insurance

Protects in the event of data breaches, hacking, and other online risks.

8. Business Vehicle Insurance

Covers vehicles (cars, vans, fleets) that are used for business purposes.

9. Directors and Officers (D&O) Insurance

Covers the costs of a legal claim made against directors and other senior staff.

Testimonials

What Our Customers Say?

"Clarity Compare made the entire process so easy! I found great car insurance in minutes and saved over £200 compared to my renewal quote."

Lucy H.

"I wasn’t sure where to start with life insurance, but their platform and expert advice gave me clarity and confidence. Highly recommended!"

Mark J.

"I loved how simple and quick it was to compare travel insurance. I found a perfect deal and felt fully covered for my trip."

Ayesha K.

"Their customer support is top-notch. I had questions about home insurance, and the team guided me without any pressure. Fantastic service!"

Tom R.

"The best part was how transparent everything felt. No hidden fees or confusion—just honest comparisons and great value."

Natalie W.

Assessing the Advantages and Disadvantages of Optional
Business Insurance Extensions

Because every business can vary, many policies allow you to tailor your cover with optional extras. These optional extras can provide value,
but it is important to assess the pros and cons.

Pros of Adding Extra Cover

Tailored protection

You can set up a policy that suits your industry or trade exactly, whether you are a freelance designer, a salon owner, or a contractor meeting legal requirements.

Wider safety net

The greater the cover you have, the more peace of mind. Optional extras can allow your business the potential to recover more quickly from unexpected costs or interruptions.

Builds trust

A strong insurance policy can provide your clients, suppliers, and other partners with the reassurance that you take risk management seriously.

Things to Watch Out For

Higher costs

Adding extra cover can increase your premium costs. If you are a start-up business or are at a small business scale, your focus should be on the essential protection you require, and then you can increase this later.

Duplicate cover

Some types of optional extras will make it harder to cancel if you decide you do not want them anymore. Having overlapping coverage can complicate claims processes and can cost more money.

How Much Does Business Insurance Cost?

Premiums depend on your type of business, the risk in your business and the level of cover you need.

Factors Associated with Cost:

1. Type of business

The risk profile of the industry you operate in heavily dictates how much premium you’ll pay. Higher-risk businesses, such as those in construction and finance, will pay higher premiums than lower-risk businesses based on the risk profile.

2. Type of cover

Adding optional extras or more specialist cover to your policy means you will have wider cover. For this reason, you can expect to pay a higher price for your cover.

3. Cover amount

If you choose a higher amount of cover/insurance, your premium will increase accordingly as the financial liability to the insurer increases.

4. Excess level

Increasing your voluntary excess will reduce your premium, but it also means you will pay more if you claim.

5. Business size

If your business has a greater number of employees, higher turnover or larger levels of stock, your potential liabilities and exposure increase, so your insurance premiums will increase accordingly.

6. Claims history

If you have made claims in the past, the insurer will see your business as a greater risk and may increase your premium for this reason.

Do I Actually Need Business Insurance?

All businesses have risks. As a business owner, you know this first-hand: from a customer slipping over in your business premises and needing treatment, to an employee being injured at work, to completing a service that is later disputed, presenting you with the risk of legal action. Business insurance enables you to meet your legal obligations.

Tailored Business Insurance for Every Industry

Every industry is different, so why should insurance be any different?  Whether you run a cafe, IT consultancy, construction company, creative studio, or something else, the risks you face are unique to you, so your insurance should be unique to you. Tailored policies allow you to select covers to suit your work (e.g. professional indemnity, public liability, tools & equipment) so you are only paying for the cover you need, and importantly, you are getting good cover where it really counts.

How to Save on Business Insurance

Minimise the risks

Install CCTV, alarms, and locked storage and offer regular health & safety courses. These steps help reduce the likelihood of accidents or theft and should have a positive effect on your premiums.

Demonstrate good business practices.

Ensure your records are accurate, make regular risk assessments, and keep your accreditations up to date. Showing strong management and compliance should make your business more attractive to insurers.

Shop around

Do not let policies renew under auto-renewal by passing up the opportunity to see what the alternatives are. Comparing quotes on an annual basis can give you better cover and save you money.

Bundle cover

You may also benefit from bundling cover, if you can put property, liability and vehicle insurance with just one provider, that's worth looking into, not only should it save you money, but it will also help reduce your renewal workload.

How Much Business Insurance Do You Actually Need?

The correct level of cover will depend on what you do, how you do it and who you do it with. You will be faced with a multitude of risks in your day-to-day activities and legal obligations, so make sure that your protection is tailored to your needs and those that matter to you.

Do you work with the public?

Public liability insurance would offer protection against claims for any injury to persons or property damage.

Do you employ staff?

Employers' liability insurance is compulsory by law. You will need a minimum of —----- worth of cover (most insurance companies offer —------- worth as standard).

Do you own or rent business premises?

Property insurance could protect your buildings, contents, and stock.

Do you use vehicles for work?

Business vehicle insurance is vital for any car, van or fleet that is used for work purposes.

Do you sell products, provide services, or give advice?

Depending on what you do, you may need product liability or professional indemnity cover to manage your risks.

Could you handle unexpected downtime?

Business interruption insurance could protect your income if you were forced to pause business operations for whatever reason.

At Clarity Compare, you can access quotes from trusted providers in the UK, with tailored coverage options that meet your business's needs, and give you peace of mind regarding your requirements.

More Resources to Support UK Business Owners

Small Business Insurance Explained

Learn the basics to make sure that you are protected without paying too much.

How to Write a Professional Invoice

A very easy step-by-step way to comply with HMRC requirements and get paid faster.

Registering with HMRC as Self-Employed

Are you just starting as a freelancer or sole trader? Know how to register with HMRC and what this would mean for your business.

Self-Employed Tax Returns Made Simple

Clear guidance to help you get your tax return done easily and avoid common mistakes.

All You Need to Know About Profit Margins

How to calculate Gross and Net Profit, how to keep track of your performance and how to price products effectively.

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Business Insurance FAQs

 

1. Will changing from a sole trader to a limited company change my insurance?

Yes, your insurance needs may vary with your business structure. You should inform your insurer so they can amend your cover to ensure you are properly protected.

Yes, an online business may require professional indemnity, cyber insurance or public liability, depending on what your services involve and the level of customer interaction.

 Yes, in most cases, business insurance will cover theft, whether at the premises, in stock, or equipment – so long as the policy you hold includes it. Always read your policy to fully understand exclusions, limits, and any amplified coverage on such claims.

It is advisable to take out insurance before you trade, to ensure your business is protected from the very beginning.

Yes, many insurers will provide cover in the pre-registration period, especially if you are a sole trader or startup.

Yes, premiums are usually considered to be tax-deductible, as a business expense.

The law does not require all self-employed people to have it. However, certain kinds, such as employers’ liability (if you employ anyone), or professional indemnity, for example, may be essential.