How to choose your small business provider
During tough times rather than recognising the need to be fair to the small businesses community, the insurance market usually hardens. That means higher prices, extra charges such policy fees or APR on your premium while making cancellations more costly and difficult.
You may also notice an update to your terms and conditions at renewal. Usual suspects include increased policy excesses, more exclusions or reduced cover.
The new kids on the block
However, it’s not all bad news. With the rise of technology, small business insurance can be easy and cost effective. Have a read of our tips before you commit to a business insurance deal.
CEO of Suited, with 20 years’ experience in business insurance, focused on building flexible, digital insurance solutions for SMEs and self-employed professionals.
Co-founder of Suited and insurance technology specialist, highly experienced in designing and delivering digital insurance solutions for SMEs and the self-employed.
Note
This guide is for informational purposes only and does not constitute advice or a personal recommendation.
