Business Insurance

Compare & save on your business insurance

Your business may be considered 'small', but it's big to you and big to us!

We believe that getting your business insurance sorted should be simple and hassle-free, leaving you time to concentrate on running your business. We have teamed up with BizCover so that you don't have to do the research or the calling around to different insurance companies - we've done that for you. With just a few clicks, you can compare quotes from some of NZ's leading insurers and protect you and your business without the hassles of filling out complicated paperwork.

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Types of business insurance coverage

97% of all businesses in New Zealand are small to medium sized enterprises with fewer than 20 employees. Because of their small size, the vast majority of these businesses cannot afford to take a financial hit should things go wrong. The entire future of their business could be in jeopardy when faced with a crisis, and insurance is an obvious safeguard. However, even if they are insured, many businesses are not covered by the RIGHT cover. Are you covered? Correctly covered? Adopting a "one size fits all" mindset is a dangerous approach to take, and could cost you plenty. Gaps in your cover, even if they are relatively small, can be costly so it is a sensible investment of your time to consult a business insurance specialist, such as BizCover. BizCover offers cover options for over 700 different occupations, and all the different risks they face, and they can customise your cover by helping you pick and choose the types of policies relevant to your business.

Public Liability Insurance

So, what's out there and what should you consider? We'll start with Public Liability Insurance, which will protect you and your business from third party legal claims for property damage or personal injury not covered by the ACC that arise due to your business operations. Professional Indemnity Insurance will protect your business and employees against financial losses or legal action taken against you for services or advice you have provided.

Material Damage

There's Business Insurance, which can be tailored to protect your assets against material damage losses suffered due to an unexpected event. These might include fire, storm, earthquake and other natural disasters, theft, and accidental damage. It can also provide cover for a reduction in revenue if your business is interrupted due to an insured event. The complexity of this type of insurance, and all the risks you need to cover, provide further confirmation of why you should consult a business insurance specialist to ensure gap-free insurance coverage for your business.

Statutory Liability Insurance

Statutory Liability Insurance protects you and your business against the costs of inadvertent breaches of Acts of Parliament, while Cyber Liability Insurance protects you against expenses and legal costs associated with data breaches; being hacked; or the theft of sensitive client information. And don't forget Employers Liability Insurance which protects your business against claims when an employee suffers bodily injury or illness arising out of their employment where ACC does not provide cover.

With so many types of insurance to consider, it is obvious why so many companies are not fully covered in a way that meets their individual requirements. They simply choose the wrong form of cover, because they don't fully understand how each type of insurance works. Many companies operate in the mistaken belief that any form of insurance will be of benefit to them. Again, the "one size fits all" approach is evident. It's the wrong approach! Take the guesswork out of business insurance and talk to specialists. It's time and money that will be well spent, and will give you and your employees peace of mind.