Simply Business Insurance Overview

  • Over 1,000 UK trades covered with one of the UK's biggest small business insurance brokers
  • Get multiple quotes and buy online in minutes
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Cover For 1,000 Business Types

  • Essential cover

    Protection if someone is injured or their property is damaged because of your business.

    • Public Liability Insurance
    • Employers Liability Insurance
    • Business Contents Insurance
  • Professional cover

    Legal fees and compensation payments if you make a mistake in your work and a client suffers a financial loss.

    • Professional Indemnity Insurance
  • Management cover

    Cover for legal fees and compensation payments if you make a mistake in your work and a client suffers a financial loss.

How to compare Simply Business Insurance

1
Tell us about your business
Answer a few questions about your business.
2
Compare a range of prices
Compare a range of insurance policies to find the right one for you.
3
Get your business covered
If the policy suits your needs, you can take it out and get cover immediately.
Information written by Connor Campbell Last updated on 05 September 2022.

Founded in 2005, Simply Business has helped over three million small businesses and sole traders find the right insurance for their needs. The company was bought by The Travelers Companies Inc. in 2017.

To find out more about Simply Business insurance, read our overview below.

What is Simply Business insurance?

Simply Business is a business insurance broker. This means that, through Simply Business, you can compare quotes from a number of insurance brands.

By taking out a comprehensive business insurance policy, you can get cover for a number of situations that may negatively impact your business. This could be the compensation costs and legal fees associated with a claim made against you or your organisation, or the price of replacing important tools and equipment if they were to be stolen or accidentally damaged.

» MORE: What is business insurance?

What types of business insurance does Simply Business include?

Simply Business offers a wide range of business insurance products, suitable for a variety of trades and professions. This includes, but is not limited to:

  • Employers’ liability insurance: This is a legal requirement if you employ anyone in the UK who isn’t a family member. It is also a legal requirement if you are incorporated as a limited company and employ family members.
  • Public liability insurance: If you cause a personal injury, illness or death to a third party during your business activities, or damage or lose their property, public liability can cover the legal fees and compensation costs you may incur.
  • Professional indemnity insurance: If you are accused of costing your client money or reputational damage through negligence, a mistake, or bad advice, professional indemnity insurance could cover the legal fees and compensation costs that may arise.
  • Product liability insurance: This covers compensation costs and legal fees if a product you have sold causes injury, illness or property damage to a third party.
  • Commercial property insurance: This covers the repairing and rebuilding costs stemming from the damage to or destruction of your business premises.
  • Tool insurance: This can help pay to replace your key tools and equipment if they are stolen, lost or accidentally damaged.

As well as standard business insurance, Simply Business also has a number of landlord insurance products.

» MORE: Do I need business insurance?

How to get an insurance policy through Simply Business

Simply Business is NerdWallet’s business insurance partner. So to get an insurance policy through Simply Business, you can use NerdWallet’s comparison page. When seeking a quote, you may need to provide:

  • your personal details
  • your specific trade or profession
  • your business details, such as name and address
  • your business status, i.e. whether you are a sole trader, partnership or limited company
  • how many employees you have
  • how many years experience you have in your industry

» COMPARE: Business insurance

How much does Simply Business insurance cost?

Like with all insurance policies, the quote you gain through Simply Business is going to depend on a number of factors. These include, but are not limited to:

  • which products you want to include in your policy
  • the level of cover for each product
  • how many employees you have
  • how much experience you have running your business
  • whether you are a sole trader, partnership or limited company
  • the location of your business

» MORE: How much is business insurance?

What professions does Simply Business cover?

There is a long list of trades and professions that can seek insurance through Simply Business. A selection of those include:

Simply Business Insurance FAQs

Is Simply Business an insurer?

Simply Business isn’t an insurer, but a business insurance broker. This means that it doesn’t underwrite business insurance policies itself, but instead allows you to compare and procure policies from different brands. It is owned by Travelers.

About the author:

Connor is a writer and spokesperson for NerdWallet. Previously at Spreadex, his market commentary has been quoted in the likes of the BBC, The Guardian, Evening Standard, Reuters and The Independent. Read more

How this service works

This insurance service is provided by Simply Business on behalf of NerdWallet Ltd.

The data you supply and submit is collected directly by Simply Business who are responsible for the handling and processing of that data.

By using their quote system you are agreeing to their terms and conditions and privacy policy which can be found here.

Simply Business is a trading name of Xbridge Limited which is authorised and regulated by the Financial Conduct Authority (Financial Services Registration No: 313348). Xbridge Limited (No: 3967717) has its registered office at 6th Floor, 99 Gresham Street, London EC2V 7NG.