Sole Trader Insurance
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What is sole trader insurance
The UK is leading the way in online shopping which has fueled a sharp rise in self-employed traders. These are the findings of SMMT that reported in the same article that this has also sparked a rise in UK van sales. 3.4 million or roughly one in ten depend on a van for self employed work.
Sole trader business insurance is aimed at providing tailored insurance solutions who own and run their own business. This type of cover will normally comprise of professional indemnity and public liability and if you have one or more employee, employer's liability will also be required by law.
Need to compare the costs of sole trader insurance? Start by comparing the available trader insurance options with a panel of UK brokers. To get started select Get Quotes and complete one simple online form. Your sole trader insurance requirements will be shared automatically with multiple UK brokers that work at providing a range of comprehensive quotes.
Ways to reduce the cost of sole trader insurance
Protect your sole trading business
Regardless of how careful you actually are, any poor advice that’s given to a client, a tiny accident on your premises or the theft of your expensive equipment can cost your business thousands of pounds. Sole trader insurance will give you the peace of mind you need knowing that you’re covered for these eventualities and many others.
Operating as a sole trader leaves you open to claims by the public, making public liability core to your sole trader insurance policy. It covers you against a wide range of business related activity claims. At its core it provides cover for any third party both injuries or damage to property. Below we have highlighted some more typical occasion that this type of cover is effective.
Below are some specific examples demonstrating why this cover is necessary for the owner of any type of business.
Sole Trader Insurance Options
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