If you own a small business, there’s no denying one of the most important things you need to protect is your business assets with Small Business Insurance. But what kind of insurance do you actually need?

If you think Cyber Liability insurance* is an extra expense your business doesn’t need, you might want to think again.

In the current economic climate, inflation seems to be on the tip of most business owners lips and is the driving force behind changes like the increased costs of living. Business insurance isn’t exempt when it comes to the impact of inflation, and in our quick guide we take a look at how inflation influences business insurance and some tips of managing your policies.

You work hard to build your business. So it’s vital to protect your business assets and revenue against potential risks that may impact your business, such as fire, storms, theft and accidental damage.

If you’ve contemplated about how your business insurance premium is calculated than this is the article for you. We go into the key factors that are assessed when working out how much to charge businesses for their insurance. No fancy buzzwords, just business insurance information explained clear and simple.

There are many moving parts that help to keep your business running. Things like your office furniture, portable equipment, stock and even your business premises are all things you rely on and being without them is a drama you could live without.

While you might be searching for the best price for your small business insurance*, there are a number of other factors that need to be considered when choosing the most appropriate policy for your small business.

You shouldn’t think of insurance just as an expense, instead think of it as a protection plan, protecting your livelihood should an unforeseen (and rather costly) event occur. It will also provide some comfort and peace of mind.

BizCover, New Zealand’s number one business insurance comparison and buy site, has reached an industry milestone with 15,000 small businesses insured through its online platform.

From cyber-attacks and lawsuits to supply chain issues and stolen inventory, the risks of running a small business should not be underestimated – and while some risks can be managed through day-to-day processes, others are open to chance with the potential for major disruption.