Compare Business Insurance

Contact us today on 1300 467 872 to arrange your tailored quote

Your business is unique, and so are the opportunities and risks you face. Your insurance needs may depend on a wide range of factors, including the nature of the work you do, the size and structure of your business and where you operate from.

The most popular types of business insurance are public and product liability, and business property insurance. Both of these insurances can be incorporated into our Small Business Advantage insurance available online. This product for SMEs has been designed to offer cover for the main risks faced by most growing businesses.

Other common business insurances include professional indemnity and management liability insurance, which can also be incorporated into your Small Business Advantage insurance.

There are also a number of specialised insurances available to mitigate more specific threats, such as marine insurance, network security insurance, or crime and fraud insurance. We have strong relationships with every major business insurance provider in Australia, so if your needs are more complex call us on 1300 467 872 for a free quote.

What kind of business insurance do I need?

These tables gives a brief overview of the types of business insurance available and which ones you might need to consider for your business. They are a basic guide only – our professional team can provide more information to help you assess your needs.

Type of business insurance Description
Public Liability
Insurance that protects your business against the financial risk of accidents which happen on your premises or as result of your business activities. This can be included in your Small Business Advantage insurance policy.
Product Liability
Insurance that protects you against the risk that one of your products causes damage or injury to a person or another business. This can be included in your Small Business Advantage insurance policy.
Business Property or Asset Protection
Insurance that protects the buildings, equipment, stock and possessions of your business from physical threats such as fire, theft or malicious damage. This can be included in your Small Business Advantage insurance policy.
Business Continuity
Insurance that protects your business against financial losses if you have to temporarily halt operations for some reason. This can be included in your Small Business Advantage insurance policy.
Professional Indemnity
Insurance that provides financial protection against legal costs or potential damages if you have specialised skills or qualifications and are paid for giving advice to others. This can be included in your Small Business Advantage insurance policy or Office Pack.
Directors and Officers Liability
Insurance for your company’s officers against the financial consequences of claims by shareholders, employees, regulatory bodies or creditors relating to 'wrongful acts' by your business, such as mismanagement of funds. This can be included in your Small Business Advantage insurance policy.
Management Liability
Insurance that protects your company and your senior management against employment liabilities and claims by shareholders, employees, regulatory bodies or creditors relating to 'wrongful acts' by your business, such as financial mismanagement. This can be included in your Small Business Advantage insurance policy.
Business Expenses
Short-term business life insurance cover designed for sole traders and small businesses with very few employees. It covers the cost of regular business expenses like utilities and tax bills if your business loses income due to the injury or illness of a partner or key earner. Contact us on 1300 467 872 for a quote.
Key Person
Business life insurance that provides a lump sum payment to help you through the aftermath of losing an indispensable member of your team. Contact us on 1300 467 872 for a quote.
Buy / Sell or Shareholder Protection
Business life insurance that enables you to remain in control of your small company or partnership if you lose one of your co-owners. Contact us on 1300 467 872 for a quote.
Loan Protection
Business life insurance that ensures you will be able to repay your business debts if one of your guarantors dies. Contact us on 1300 467 872 for a quote.
Type of Business Insurance Required Example
Service Business

e.g. Dry Cleaners

Public Liability
Product Liability
Business Property
Business Continuity
  • A member of the public trips over in your outlet and hits their head

  • Your equipment malfunctions and ruins a valuable item of clothing

  • Someone smashes the windows of your outlet

  • Your cleaning equipment breaks down and you have to wait a week for repairs

Professional Services Business

e.g. Management Consultant

Public Liability
Business Property
Professional Indemnity
Business Expenses
  • You are visiting a customer at their premises and you spill coffee on their computer equipment, causing loss of critical data
  • Your office is broken into and your IT equipment is stolen
  • A customer sues you for a financial loss they have made as result of following your advice
  • One of your consultants falls ill and is unable earn income for the business until they recover
Shop
Public Liability
Product Liability
Business Property
Business Continuity
  • An item of stock falls from a shelf and hurts a customer
  • A customer buys a contaminated food product and falls ill
  • Your stock is stolen out of a locked vehicle during transit to your premises
  • Your roof is damaged in a storm and you have to close while you make repairs
Cafe
Public Liability
Product Liability
Business Property
Business Continuity
  • A customer slips on a spilled drink and breaks their ankle
  • A customer gets food poisoning from something you have served
  • Someone breaks in and vandalises your cooking equipment
  • There is a fire in your kitchen and you are forced to close for several weeks to refurbish
Limited Company
Management Liability
Public Liability
Business Property
Key Person
Shareholder Protection
  • The value of your company falls and a group of shareholders sue you for mismanagement
  • A visitor is injured in your offices
  • Your IT equipment is destroyed by a lightning strike on your offices
  • A member of your management team is killed in an accident and you lose invaluable knowledge about your operations
  • One of your shareholders falls ill and needs to sell their portion of the business to finance medical treatment
Real Estate Broker
Public Liability
Business Property
Professional Indemnity
  • You accidentally break something valuable while showing a property
  • A tree falls on your offices during a storm, breaking windows and damaging IT equipment
  • A customer sues you for financial loss because they believe you advised them wrongly about the value of their property
Medical or Veterinary Practice
Public Liability
Business Property
Professional Indemnity
Key Person
  • A diagnostic machine malfunctions and injures a patient
  • Someone breaks into your clinic and steals valuable equipment
  • A patient or pet owner sues you for malpractice
  • One of your practitioners dies suddenly and you are unable to operate your clinic until you find a replacement
Trade Business
Public Liability
Business Property
Business Continuity
Business Expenses
  • You accidentally cut through a cable and damage a customer’s electrical system
  • Your tools get stolen from your vehicle
  • A key piece of equipment is damaged when a tree falls on your ute in a storm, so you can’t finish a job
  • You hurt yourself falling from a roof and are unable to work for some weeks
1300 Insurance Pty Ltd ABN 50 124 845 727 AR Number 327609 is authorised to refer you to the insurer Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL No. 234708 (Allianz) and to provide written general advice on this insurance as the insurer’s agent. We do not provide any advice based on any consideration of your objectives, financial situation or needs. Terms, conditions, limits and exclusions apply. Before making a decision, please consider the relevant Product Disclosure Statement available here. If you purchase this insurance, we will receive a commission that is a percentage of the premium. We will also receive a percentage of the profit which exceeds the profit threshold on Home (excluding flood), Landlord (excluding flood), Motor, Caravan and Trailer and Commercial policies referred by us to Allianz (or renewed with Allianz) in each calendar year, provided that the relevant premium threshold is met. From 1 September 2018, we will also receive an annual marketing allowance from Allianz for promoting its products. This is calculated as a percentage of the premium on Home, Landlord, Motor, Caravan and Trailer and Commercial policies referred by us to Allianz in the previous 12-month period. Ask us for more details before we provide you with services.