UK commercial insurance companies, when looked at as a whole, have literally thousands of different insurance products. Whatever trade you are involved and however you earn your money (legitimately of course!) you can, if you look around find a policy that will protect your business.
But, it is not the easiest of topics to understand. I am not saying it is too complex for everyone to understand, far from it, what I mean is that if Joe Bloggs is starting out in business and decides to look for a restaurant insurance quote, how does he actually know he is getting what he needs?
You can but a policy from company A, B or C – how can you be sure which is best? You can guarantee that every quote you get will be different in price, but this does not necessarily follow that all the covers will be different.
What you need, to set you on the right road, is professional advice. The good thing about it is, you can get this for nothing. You do not need to pay an expert to come in and assess each of the risks. You should speak to a broker. The emphasis there is speak. Don’t fill in boxes, don’t send off forms – phone someone up and talk to them.
This way, they will review what risks you face, which ones you are legally obliged to cover and which ones you can choose to cover. Then, they will go away and using their knowledge of the market, source you the best price they can for the widest cover. And you only pay once you incept the policy.