The type of insurance policies you buy may differ depending on the size and type of business you are running, your insurance budget and whether your customers have requirements about what insurance cover you should have.

A good starting point is understanding the business insurance requirements stipulated by your contracts, they will often require you to have a minimum level of public liability or professional indemnity insurance.

For public liability and professional indemnity you will need to choose a limit of cover which is right for your business. Think about the type of work you do and what could go wrong in a worst case scenario, how much might it cost - especially if a dispute went to court. Buy a level of cover which you are confident will cover the cost of compensation you might have to pay.

Employer's liability insurance is required by law if you have employees, and you must purchase a minimum of £5 million in cover, although many policies will automatically cover you for £10 million.

For property insurance be sure to calculate the total value of all the entirety of your property, you can't pick and choose what you want to be covered, and the last thing you want to find is that you are under-insured.

Once you've understood what you are obligated to get, you may decide that you need more cover than the contract asks for. We offer a wide range of business insurance covering: