What is Commercial Insurance

Commercial insurance – a term used across the insurance industry – so what is commercial insurance exactly? And how can it protect you?

A definition of Commercial Insurance

Plain and simply, commercial insurance is insurance that protects businesses.

It covers businesses against losses, arising from things like damage to property or injury to employees, and is a term commonly used to label core business insurance covers like public liability and employers’ liability.

In addition to the core elements there will also be add on covers which may or may not be included within a commercial insurance package such as Money, Goods in Transit and Directors & Officers covers

What type of commercial insurance does your business need?

Commercial insurance should be tailored to your business needs, although the majority of policies are a core package and then additional covers to meet your business needs.

Your typical wholesaler would probably need more commercial insurance cover than an office risk.

That said, public liability and professional indemnity are wise covers for the bulk of  businesses, whilst employers’ liability is an essential cover for any business with one member of staff or more.

Within the UK businesses with employees have a legal requirement to take out employers liability insurance.

Are there any more commercial insurance covers out there?

In addition to the likes of public liability, employers’ liability and professional indemnity, there’s also a range of more specialist commercial insurance covers built to protect businesses. These include but aren’t exclusive to:

All these covers are available through MOBI, and you can compare and buy online. Just click on the start your quote button below to go straight to our quote form.

Hopefully that’s helped explain commercial insurance for you. 

How To Apply For Your Wholesalers Insurance Quote

To apply for your free quote, please complete our online “Get a quote button” and we will be delighted to provide you with a competitive insurance quotation.

Alternatively, you may also apply for a quote by phoning our offices on 03334449247 and our commercial insurance staff will be pleased to assist you with a quote.

Office hours are 9.00 a.m. to 7.00 p.m. 7 days a week