🏢 Micro SME Insurance

Business Insurance for Small & Micro Businesses

Whether you're a sole trader, freelancer or running a small team, the right business insurance protects you, your clients and your livelihood. Compare policies tailored for UK micro SMEs.

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From sole traders to 10-person teams Same-day cover available FCA-authorised insurers

Key Types of Business Cover

Most micro businesses need a combination of these. Many can be bundled into a single policy.

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Public Liability

Covers claims from third parties (clients, members of the public) for injury or property damage caused by your business. Essential for almost every business.

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Professional Indemnity

Covers claims for financial loss caused by your professional advice or services. Required by many professional bodies and most B2B client contracts.

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Employers' Liability

Legally required if you have employees (including part-time or temporary staff). Covers claims from employees injured or made ill by work.

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Business Equipment

Covers tools, laptops and equipment against theft and damage. Essential for tradespeople, photographers, consultants and creatives.

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Cyber Insurance

Covers data breaches, ransomware attacks and cyber liability. Increasingly important for businesses handling customer data.

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Business Interruption

Covers lost revenue if you can't trade due to an insured event (fire, flood, equipment failure). Keeps cash flow alive during a crisis.

Who Needs What?

Business Type Public Liability Prof. Indemnity Employers' Liability
Sole trader / freelancer✓ Recommended✓ RecommendedNot required
Tradesperson / contractor✓ EssentialOptionalIf employing staff
Consultant / advisor✓ Recommended✓ EssentialIf employing staff
Retail / e-commerce✓ EssentialOptional✓ If staff employed
Creative / digital agency✓ Recommended✓ Essential✓ If staff employed
⚠️ Legal Requirement

Employers' liability insurance is a legal requirement for all UK businesses with employees, including part-time and temporary workers. The minimum level of cover is £5 million. Failure to have it can result in fines of up to £2,500 per day.

What to Look for When Comparing This Cover

A few things worth checking before you buy, whichever UK insurer or broker you compare.

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Indemnity limit

Check the limit matches what your contracts, landlord or clients require — common tiers are £1m, £2m, £5m and £10m depending on trade and risk.

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Claims basis

Professional and liability covers are often "claims-made" — cover depends on holding a live policy when a claim is made, not just when the work happened.

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Exclusions

Read what's excluded, not just what's covered. Sub-contractor work, specific activities, or work carried out overseas are common gaps.

FCA authorisation

Before buying, confirm any insurer or broker is authorised and regulated by the Financial Conduct Authority — check the register at register.fca.org.uk.

🤝 We're finalising partnerships with FCA-authorised UK insurers so you can compare real quotes here soon. Check back shortly, or get in touch if you'd like to be notified when comparisons go live.

Frequently Asked Questions

Do I need business insurance as a sole trader?
You're not legally required to have public liability insurance as a sole trader (unless employers' liability applies), but most clients and contracts require it. Without it, a single claim from an injured client or damaged property could be financially ruinous.
How much professional indemnity cover do I need?
The minimum is usually £250,000, but many professional bodies and client contracts require £1 million or more. Consider the value of contracts you work on and the potential financial impact of a claim if your advice caused a client a significant loss.
Can I get same-day business insurance?
Yes — most online business insurers can issue documents immediately. If you need cover for a specific job starting today, call the insurer directly for same-day activation.
What is a BOP (Business Owner's Policy)?
A Business Owner's Policy bundles public liability, business equipment and sometimes other cover into one policy. Usually cheaper than buying each element separately, and simpler to manage with a single renewal date.

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