Business insurance guides

No matter whether you’re a new start-up or you’ve been operating for years, it’s important to protect your company from unexpected events. Find the right insurance for your organisation by reading our top tips so you can get on with running your day-to-day business knowing you are protected.

Featured Article

What is Professional Indemnity Insurance? | Compare Insurance

Mistakes happen. Professional indemnity insurance protects individual professionals, small businesses, and large companies to provide their services without fear of being sued for an error. Read more.

Mobile phone insurance: A hassle or an essential move?

If you've ever lost a mobile phone or had it stolen, you'll know how important mobile phone insurance is. Read more.

Understanding the Need for Cyber Insurance

The Internet has changed every aspect of how people live their lives. While it provides many benefits, numerous dangers also lurk on the web. Because of data breaches, information hacks and other hazards, cyber insurance came into being. If you have never purchased this type of insurance, you may want to consider it. Read more.

Public Liability Insurance 101 | Compareinsurance.com.au

Running a business and knowing you are providing an excellent product to society can be a fulfilling experience. Even with the highest standards of service, however, there is still the risk that everything may not go as planned. Read more.

What is Business Insurance and Do I Need It?

To a business owner, your organisation is so much more than a source of income. It embodies years, sometimes generations, of hard work and devotion. It is the livelihood of the owner and employees. It may be tied to an entire life’s savings and act as a beacon of hope for financial comfort and stability in the future. Any risk that threatens the normal functioning and well-being of a business can put all that has been built in jeopardy. Business insurance protects against losses or damages that are related to the course of business as well as the actual property and premises of an entity. It provides the security and peace of mind to allow a business to focus on thriving, growing, and prospering. Small to medium sized businesses need some form of insurance. Even with only a small number of employees and limited products, it is so important to protect against potential loss. So many things can go wrong in any industry, from an accidental fire to a lawsuit brought on by the mistake of an employee. The financial costs of legal defense, of repairing damage, or of having to replace materials can be an unexpected burden, even for a successful business. Restaurants, coffee shops, florists, jewelers, general contractors, and salons are all types of businesses that require business insurance. Read more.

The ins and outs of Product Liability Insurance

In a perfect world no one would be harmed by faulty machinery, software products would never infect a personal computer, and no one would ever get sick from purchasing expired food that a store owner forgot to take off the shelf. However, in the real world, unexpected problems arise.  Read more.

What is tax audit insurance and do I need it?

An unexpected tax audit threatens the vitality of a business. The cost of dealing with such an event in fees and time lost can throw anyone off track. Tax audit insurance eliminates this form of risk for a business or an individual. With coverage from a good insurance policy you are prepared and ready to face an audit without having to face loss. Read more.

What is Management Liability Insurance and Do I Need It?

Being in a management position involves a lot of responsibilities and a lot of risks. Making the wrong decision or even being viewed as failing to live up to incredibly high standards of conduct can lead to allegations of mismanagement, misconduct, or even legislative breach. Dealing with an associated legal claim can be expensive and damaging to career and reputation. Management liability insurance helps to protect a firm’s directors and officers, as well as the company itself, against any claims made against the management of a company. Read more.

Compareinsurance.com.au offers a free comparison service that allows users to compare quotes in a few simple steps. All information provided should be considered general in nature and not personal to individuals' circumstances. The results do not include all insurance companies in the market. Compare Insurance Pty Ltd ABN 84 145 649 547 is an authorised representative AR 444349 under CoverDirect's AFSL 383590.