A man doing wood work

Small Business Insurance that's a bit more you-shaped.

No one knows the ins and outs and ups and downs of your business quite like you. That’s why, at Youi, we’ll take the time to listen and understand what you need from your business insurance, so you can choose the type of cover that works for you... that’s a bit more you-shaped. Explore our options below, or start a quote today.

No one knows the ins and outs and ups and downs of your business quite like you. That’s why, at Youi, we’ll take the time to listen and understand what you need from your business insurance, so you can choose the type of cover that works for you... that’s a bit more you-shaped. Explore our options below, or start a quote today.

AWARD WINNING INSURANCEFinder Insurer of the Year 2022

Finder Insurer of the Year 2022
Youi Trustpilot star rating 4.5/5 Trustpilot Logo

What is business liability insurance, and do you need it?

You’ve worked hard to build your business, so it might be worth considering insurance to help keep it protected. Youi’s Small Business Insurance automatically includes products and public liability cover (often more generally called ‘business liability insurance’). But what exactly is it? 

Products and public liability insurance can provide cover for your legal liability to pay compensation to a third party for personal injury, property damage or advertising liability caused by an incident in connection with the business. It can also cover associated legal and defence costs.1 

On top of that, we offer a range of optional covers for portable business items (such as electronic devices and tools), business contents and stock in trade, glass damage at the business premises, and loss or damage to money.2 More info on each of these can be found below. 

So, whether you need business insurance is totally up to you. But it can be nice to know it’s there just in case, so you can confidently get on with what you do best.

Why choose Youi Small Business Insurance?

From the moment you get in touch for a quote, through to making policy updates or lodging a claim, you can expect quality cover backed by quality service when you choose Youi.

What business insurance cover is available?

We get that every business is different and has different needs when it comes to the level of cover required. Take a look to see what’s included with our Small Business Insurance policies, and what optional covers2 may be available for you to add.

A white van driving on the road.

Need business insurance for your car too?

Along with cover for your business, we provide options to insure your company car as well. From Comprehensive to a more basic level of cover, take a look to see what might suit your situation.

Start a quote

 

Car insurance for business

What you’ll need to get a Small Business Insurance quote.

Type of business

To get started, we’ll need to know what type of business you run – for example, retail, hospitality, some type of trade or something else. 

Income and employees

We’ll need to get a rough idea of the business’s expected annual revenue, as well as how many people it employs, or if you’re after sole trader insurance.

Business address

The primary location of your business premises is also important as it allows us to gauge the level of potential risk in that area.

Your details

Along with your name and date of birth, we’ll need your mobile number so we can get in touch for further info and to finalise your quote if you started it online.

To get started, we’ll need to know what type of business you run – for example, retail, hospitality, some type of trade or something else. 

We’ll need to get a rough idea of the business’s expected annual revenue, as well as how many people it employs, or if you’re after sole trader insurance.

The primary location of your business premises is also important as it allows us to gauge the level of potential risk in that area.

Along with your name and date of birth, we’ll need your mobile number so we can get in touch for further info and to finalise your quote if you started it online.

Business insurance for a range of industries.

Our Small Business Insurance isn’t a one-size-fits-all solution. It can flex to suit the varying needs of different business types and sizes. From sole trader insurance through to cover for companies with employees, here are some of the more common industries our business insurance customers work in. But this is just a snapshot – start a quote or get in touch to see what we can do for your business.

Tradies & contractors

From plumbers and plasterers to painters and carpenters, we can cover all sorts of tradespeople’s businesses, including tools, while on the job site and on the go.

Retail & shops

If you own a shop – whether it’s online, with a physical shopfront or even a market stall – we could help with your stock and public liability insurance needs.

Cleaners & domestic services

We offer cover to both commercial and domestic cleaning businesses, including for equipment and accidental damage caused as you go about your work.

Health, make-up & hairdressers

If you’re in the business of making others look and feel good, our cover could help protect you when the unexpected happens.

Real estate

The property game can be exciting and exhausting, with so many places to be and people to meet. Our Small Business Insurance could help keep you covered.

Hospitality & fast food

From caterers to cafés and take-away shops, if your business is about serving up food, our cover could be the perfect accompaniment.

Professional services

Maybe you’re a management consultant, or an accountant, or a freelance designer. A range of professional service providers trust Youi with their business insurance.

From plumbers and plasterers to painters and carpenters, we can cover all sorts of tradespeople’s businesses, including tools, while on the job site and on the go.

If you own a shop – whether it’s online, with a physical shopfront or even a market stall – we could help with your stock and public liability insurance needs.

We offer cover to both commercial and domestic cleaning businesses, including for equipment and accidental damage caused as you go about your work.

If you’re in the business of making others look and feel good, our cover could help protect you when the unexpected happens.

The property game can be exciting and exhausting, with so many places to be and people to meet. Our Small Business Insurance could help keep you covered.

From caterers to cafés and take-away shops, if your business is about serving up food, our cover could be the perfect accompaniment.

Maybe you’re a management consultant, or an accountant, or a freelance designer. A range of professional service providers trust Youi with their business insurance.

Starting a new business? This could help.

Anyone that’s ever started their own business knows just how exciting, and daunting, it can be. A great way to keep your head above water – especially in those early days – is to build a rock-solid support network around you.  

But how? We’ve put together our thoughts on the 5 steps for building your support network. Take a look when you take the leap and give yourself the best chance at success.

How we do what we do.

See what sets our Small Business Insurance apart, and how our people are focused on providing customers with the info they need to choose the cover that suits their business.

Meet some of the team.

At Youi, we have a dedicated team of specialist Small Business Insurance advisors. Their experience and passion for getting customers’ insurance needs sorted is second to none.

Looking for workers’ compensation?

Another way to help make sure your business is covered when things go wrong is with workers’ compensation. While we don’t include workers’ compensation in our Small Business Insurance, each state and territory has a workers’ compensation scheme that you might want to look into. Select your area below for more details.

Workers’ compensation in NSW

If your business is in New South Wales and employs people, it’s likely that you’ll need workers’ compensation insurance. This helps cover your compensation payments to support workers who sustain a work-related injury and is overseen by the State Insurance Regulatory Authority.3

An image of Sydney harbour

Workers’ compensation in QLD


If you’re an employer in Queensland, it's compulsory for you to insure your workers against work-related injury or illness. Businesses can organise this through the WorkCover scheme or choose to be self-insured.4

An image of the Gold Coast coastline

Workers’ compensation in VIC


If you or your company employs any workers in Victoria, then generally, you must register for WorkCover insurance to cover workers’ compensation claims. If your company employs you personally, you’ll also need to register.5

An image of the Great Ocean Road

Workers’ compensation in the ACT

Employers operating in the ACT must hold a current workers’ compensation policy. WorkSafe ACT is responsible for regulating the workers' compensation legislation as well as investigating employee complaints and conducting compliance audits.6

An image of Parliament House in Canberra.

Workers’ compensation in TAS

As an employer in Tasmania, you must either take out a workers’ compensation insurance policy with a licensed insurer or (generally for larger businesses) apply to the WorkCover Tasmania Board for a permit to self-insure against workers' compensation claims made by your workers.7

A road overlooking The Nut in Tasmania.

Workers’ compensation in SA

If your business employs people who usually work in or are based in South Australia, it's likely you’ll need to register with ReturnToWorkSA within 14 days of employing someone. This includes businesses based outside South Australia but employ workers in the state.8

A vineyard at sunset in South Australia.

Workers’ compensation in WA

In Western Australia, you must have workers’ compensation insurance for any workers you employ, and also have an injury management system in place. WorkCover WA is the government agency responsible for regulating and administrating the workers’ compensation scheme in the state.9

The Elizabeth Quay Bridge in Perth

Note: The information above is relevant as of November 2023 and by its nature may change over time. Check relevant government websites for updates if this information is important to you.

Small Business Insurance FAQs

Have questions about products and public liability insurance for your small business? You might find the answers here.

View the PDS & Policy Wording

The type of insurance you choose for your business is your decision. At Youi, we offer Small Business Insurance that automatically provides public and products liability cover, and we also have a number of optional covers2 you may want to consider. Start a quote online or get in touch with our Small Business Insurance team to see what we can do for you.

The cost of a Small Business Insurance policy with Youi will depend on factors that are unique to you and your business. These include your business type and location, your expected annual revenue and if you employ any staff members. The best way to find out is to start a quote online or get in touch with our Small Business Insurance team.

How much it costs to insure your business vehicles will vary depending on a range of different factors. At Youi, we offer car insurance that can cover you for business use. To see what different levels of car insurance might cost for your work car, start a quote today.

With Youi, there are two ways to get your Small Business Insurance quote started. Either start a quote online or get in touch with our Small Business Insurance team to talk through your options.

Having public liability insurance for your business is not mandatory, but it can be very useful to protect you from potentially expensive compensation payments if something unexpected goes wrong. Youi Small Business Insurance covers compensation which you’re legally liable to pay to a third party in respect of property damage, personal injury or advertising liability, along with associated legal and defence costs.1

To see how we can help with your business’s public liability insurance needs, start a quote online or get in touch.

Workers’ compensation is not typically covered by a business insurance policy. Generally, this is handled separately by the various state and territory governments’ workers’ compensation schemes. See the ‘Looking for workers’ compensation?’ section above for more details.

Professional indemnity insurance is not something we currently offer with our Small Business Insurance policies. If professional indemnity insurance is something you feel is essential for your business, the Insurance Council of Australia offers a way to find an insurer that may be suitable.

Our Small Business Insurance can suit a range of different types and sizes of companies. From those that employ workers to others just looking for sole trader insurance, our cover is able to flex to fit varying business needs. For more info and to get an idea of what Youi Small Business Insurance might cost for you, start a quote online or get in touch.

View the PDS & Policy Wording

Guides 

Looking for more information? Catch up on our latest guides to navigate your Small Business Insurance needs.

Disclaimers
1 Automatically included in Small Business Insurance policies. Limits and exclusions apply. For more details, see the PDS & Policy Wording
2 An additional cost applies for optional covers. Limits and exclusions apply. For more details, see the PDS & Policy Wording
3 Source: SIRA – What is workers compensation? 
4 Source: Queensland Government – WorkSafe  
5 Source: WorkSafe Victoria – Do I need to register for WorkCover insurance? 
6 Source: WorkSafe ACT – Worker's compensation 
7 Source: WorkSafe Tasmania – Workers compensation insurance 
8 Source: ReturnToWorkSA – Register for cover 
9 Source: WorkCover WA – Covering your workers

 

Check out our full range of products.

Along with insurance for your Business, here’s some of the other policies you can get with Youi.