About this group
Bought By Many makes it quick and easy to get a quote for small business insurance.
Our liability cover for small businesses and sole traders is flexible and offers more than the insurance provided by trade associations.
We give you a choice between £1m, £2m and £5m public and product liability and have options for:
- Small business employers' liability - up to £10m
- Business tools and equipment - up to £10,000 and £5,000 for cover in unattended vehicles
- Personal accident cover - up to £10,000
We cover a wide range of small businesses and trades:
- Market traders
- Hair and beauty professionals
- Nannies & childminders
- Fitness instructors
- Craft stallholders
Why does a small business need insurance?
Many local authorities require you to have insurance in place before you start trading. Furthermore, if you have employees, you are legally obliged to have employers' liability insurance. We aim to take the stress out of getting annual cover in case anything goes wrong.
Our liability and product insurance for small business is designed to cover legal costs if a client or a member of the public suffers an injury or property damage as a result of your business.
If you sell goods, we can cover most of them, the main exclusions are children's toys, second hand or reconditioned products and motor safety equipment
What insurance do I need for a small business?
Small business public and product liability insruance is designed to cover legal costs if any of your products or business activities harm a client or a member of the public or damage their property.
Employers' liability is a legal requirement if you have any employees, including volunteers or people doing work experience. Our insurance covers up to £10m.
Personal accident cover offers a payout if a director or employee is injured as a result of your business.
Learn more about the costs of business liability insurance here.
Compare our small business insurance for market traders and stallholders to that offered by trade associations here.