financialservicesonline
Income Insurance Calculator
| Bike Loans | JetSki Loans |
| Boat Loans | Mortgage Reduction |
| Business Loans | Personal Loans |
| Caravan Loans | Truck Loans |
| Short Term Cash | Debt Consolidation |
| Credit Cards | Home Loans |
| Car Loans |
Business Insurance Quotes
Request a Business Insurance quote here
Business Insurance quotes are provided by a selected broker from our referral network and may not represent all providers in the market. We may receive a referral fee at no cost to you. We do not provide financial advice or credit assistance directly.
Find the Right Business Insurance for Your Company
Business Insurance Rates & Options
SHARE
Business Insurance Resources
Business Insurance Calculators
Related Articles
Chatbot
Q&A with
Paige Estritori
More Insurance Options
Boat InsuranceBusiness Insurancecafe insuranceCar InsuranceCaravan InsuranceCommercial Property InsuranceCyber InsuranceExotic Car InsuranceFarm InsuranceHome & Contents Insurancehospitality insurancehotel insuranceIncome Protection InsuranceInsuranceLandlords InsuranceLife Insurancenightclub insurancePlant & EquipmentPrivate Health InsuranceProfessional Indemnity InsurancePublic Liability Insurancerestaurant insuranceRetail Business InsuranceStrata InsuranceTrades InsuranceTravel InsuranceTruck Insurance
Business and commercial insurance pack policies can be a convenient way to combine different insurance covers that may be relevant to a wide range of businesses.
Business insurance policies can vary substantially in price, features, definitions and cover limits. The sections you select should reflect your business activities, premises, assets and liability risks.
What can a business insurance pack cover?
Depending on the policy and the sections selected, a business pack may include:
- Business property: cover for buildings, stock or equipment against specified events such as fire or storm. Theft, glass and equipment breakdown may be separate sections.
- Public and product liability: cover for certain claims alleging injury to other people or damage to their property arising from your business activities or products, subject to policy terms.
- Business interruption: cover for specified financial losses following an insured event, often linked to insured property damage. Check the events that trigger cover, any waiting period and the maximum period for which benefits can be paid.
Not every business risk is included in a pack. Professional indemnity, cyber insurance and workers' compensation may need separate arrangements. Check any insurance requirements that apply to your industry, contracts and state or territory rather than assuming a business pack meets them.
Comparing business insurance features and costs
When comparing small business insurance or commercial insurance quotes, look beyond the premium. Check the insured activities and locations, sums insured, liability limits, excesses and sublimits for particular losses. Read the policy wording, schedule and any applicable Product Disclosure Statement before deciding.
Premiums can be affected by your industry, turnover, location, asset values, claims history, selected cover and excess. Compare quotes on equivalent terms, including any broker fees and instalment charges, rather than assuming the lowest premium provides the same protection.
Check how the policy treats flood, wear and tear, maintenance issues, unattended premises and stock or tools away from your business address. These risks may be excluded, restricted or require additional cover. Ask whether an underinsurance clause could reduce a claim payment if your sums insured are too low.
Preparing for a business insurance claim
Keep current asset records, receipts, photographs and financial records to help substantiate a loss. After an incident, follow the policy's notification requirements, take reasonable steps to prevent further loss where safe, and check with the insurer before authorising non-urgent repairs or admitting liability. Claim payments depend on the insured event, supporting evidence, limits, excesses and exclusions.
Explore business insurance quotes with a broker
We can connect you with Business and Commercial Insurance brokers who can provide quotes and discuss available insurance options.
We can also help you request quotes for Office Protection Insurance and Retail Business Insurance, as well as stand-alone Public Liability Insurance and Professional Indemnity Insurance.
Privacy: Read our privacy statement for information about how personal information is handled before submitting an enquiry.
Start your business insurance enquiry here
Share this product:
Insurance Calculators
How much cover?
Our financial calculators are provided for your free use on this website and are designed to remove some of the guess-work to help you make informed financial decisions.
Please note that some of our calculators may use assumptions that are not necessarily applicable to your current specific circumstances and we therefore cannot always guarantee their accuracy. You should always seek professional financial advice from a licensed professional before proceeding with any financial recommendations.
Term Life Insurance [click]
Calculate the amount of life insurance protection you need to meet your objectives.
Income Protection Calculator [click]
Our income insurance calculator estimates the monthly income insurance benefit that you can buy.
Contents
Insurance Calculator [click]
Use our home and contents insurance calculator for a room by room evaluation of
your household contents and personal effects.
Financial News & Information
Popular insurance Articles
Related Articles
| The Risks of Operating a Home Based Business Without Public Liability Insurance Public liability insurance is a type of insurance that helps protect businesses from financial losses incurred due to legal claims made by third parties. In the case of home-based business owners, public liability insurance can play a crucial role in ensuring the smooth operations of their business. - read more
|
| Comprehensive Guide: Types of Liability Insurance for your farm Farming is an essential part of Australia's economy and way of life, but it also comes with its unique set of challenges and risks. Liability insurance for farms acts as a safety net, providing coverage against unexpected incidents that can potentially lead to costly legal claims. - read more
|
| Types of Insurance Policies Every Business Owner Should Consider Protecting business investment with insurance is a critical part of every sensible business owner's business plan. Insurance protects businesses from unexpected financial risks due to natural disasters, accidents, liabilities and losses, which may run in to thousands. - read more
|
| Top 5 Reasons to Buy Insurance Through a Broker In today's litigious and uncertain world, insurance has become a very important component of every financial plan. But, when it comes to buying insurance, consumers often get confused obout where they should start and how to decide on the best policy solution to their specific needs and circumstances. - read more
|
Recent insurance Articles
Related Articles
| Disclosure and Business Changes in Liability Insurance: What Australian Businesses Should Know Accurate information matters when applying for or renewing liability insurance. Australian businesses should understand what insurers may ask for, why business changes need to be disclosed, and how misrepresentation can affect cover, premiums and claims. - read more
|
| Liability Insurance for Sole Traders in Australia: What to Consider Sole traders can face liability risks when working with clients, entering contracts, visiting worksites or giving professional advice. This guide explains the main types of liability insurance for sole traders in Australia, including public liability, professional indemnity and contract-related insurance requirements. - read more
|
| Professional Indemnity Insurance and Client Contract Requirements Client contracts, tenders and supplier onboarding documents often include professional indemnity insurance clauses. This guide explains how to read those requirements, where indemnity wording can affect insurance risk, and what to check before signing. - read more
|
| Product Liability Insurance in Australia: What It Covers and Who May Need It Product liability insurance can help protect Australian businesses against third-party injury, illness or property damage claims linked to products they make, import, sell, supply, install or repair. This guide explains what product liability cover may include, who may need to consider it, common exclusions and how it can work alongside public liability insurance. - read more
|
Follow us!
Financial Services Online on social media
Stay up-to-date with the latest news, views, products, information & resources from Financial Services Online