Business Liability Insurance

Youi Business Liability Insurance.
Simpler. Sharper. Sorted.

Youi Business Liability Insurance - also known as public and products liability insurance is better in 3 ways.

  • Simpler

    You can arrange it all with one phone call. Whether you want to get on-site, on the road or just get on with business, we make the process easier.
  • Sharper

    We give you the basics so you know you’re covered if a third party sues you for property damage or personal injury. Plus, we offer options you can add on if you want to – like cover for Business items like your tools or protection for stock in trade.
  • Sorted

    Whether you’re a painter or sell pastries at the markets, our specialist team could help you sort out your public liability insurance faster.

Meet some of the team behind our Business Liability Insurance, and find out what factors could determine the cost of your insurance.

Better rewards for business.

As a Youi customer, you’ll get access to YouiRewards – a great way to get discounts from businesses and brands that you already use. There’s over 1,000 partners nationwide including Caltex, JB Hi-Fi, and Secure Parking. Our clients have already saved over $3 million with our YouiRewards Partners.



 
 

5% OFF
Caltex fuel

Get 5% off a $50 StarCash digital fuel card.°

 
 

5% OFF
JB Hi-Fi

5% off a $100 gift card.

 
 

$5 OFF
Secure Parking

$5 off any Secure-a-Spot online booking.

FAQs

There are a few key themes that will determine how much your Business Liability Insurance will cost. These include:

  • The nature of your business
  • The turnover of your business
  • The number of employees and whether you use sub-contractors
  • The amount of insurance cover your business needs
  • The location of your business

We’ve put together a handy snapshot of what our current business customers pay in premiums – with the average cost just $64 per month.

From our analysis, we have found that around 48% of our small business customers pay less than $50 per month; while around 38% pay around $51-100 per month for their Business Liability insurance.

At Youi, we provide a simpler and sharper approach to helping you get your Business Liability Insurance sorted.

Disclaimer: Average business liability premium for new policies sold between and including 1st Jan 2018 – 31st Dec 2018.

It’s a good idea to have Business Liability insurance. It covers your business' liability to pay compensation for personal injury to third parties and damage to their property (i.e. members of the public) if the business is found to be liable.

It also covers the business's liability for incidents relating to the business's products if the business is found to be liable. Many people assume you only need Business Liability insurance when you’re on-site, but you actually need it all year round.

For example, imagine you own an electrician’s business - one of your electricians did a job a few months ago at a customer's home. Unfortunately, due to some work that the electrician carried out, the meter box has now caught fire and your business is likely to be responsible for property damage to the customer's home.

Youi Business Liability will generally cover this situation.

Even something as simple as running a Market Stall will require Business Liability Insurance. Here’s an example: You own a market stall but fail to secure it properly one weekend, and a gust of wind blows your gazebo onto your neighbour's market stall, damaging their property. As a Youi Business Liability insurance customer, we’d generally cover the cost of damages for the property damage if you were liable and responsible to pay costs to your neighbour.

At Youi, we’ll make it simpler for you to get the cover required as a Market Stall holder. Just call 13 YOUI and we’ll talk you through the whole thing.

Business Liability Insurance covers your business' liability to pay compensation for personal injury to third parties and/or damage to their property (i.e. members of the public) if found liable. It also covers the business's liability for incidents relating to the business's products.

An example of this is: You run a small plumbing business and when one of your employees was completing some hot work on a client's home, a spark went unnoticed and ended up causing a small fire, setting the client's bathroom on fire. Your business is responsible for the property damage, but with Youi, your Business Liability insurance covers this damage to the clients bathroom.

If you’re running your own Small Business, Youi Insurance wants to lend a hand.

Business Liability insurance covers your business' liability to pay compensation for personal injury to third parties and damage to their property (i.e. members of the public) if the business is found liable. It also covers the business's liability for incidents relating to the business's products if the business is found liable.

We are also able to provide you with cover for your stock, tools and money against theft, loss or damage. If you are running your business from a commercial premises, that you rent, we can also now provide you with glass cover.

We offer car insurance for business vehicles that better understands how you use your car.

Claiming

We're there for you when you need us most. Learn more about our claims process.

YouiRewards®

Take out Business Liability insurance with us and unlock great discounts with our YouiRewards partners.

FAQs

Got a question? You’ll probably find the answer here. Browse our frequently asked questions.

YouiWall™

We're only human, but we're always working on improving our products and services - that's what our Wall is for. This is where we come to read your comments and feedback, and to see where we're hitting the mark, and where we're missing it. Share your Youi experience with us on the wall so we can make your next one even better.

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Do you need public liability insurance?

Here are some examples of if or when your Public Liability Insurance would come in handy.

Market Stall
You own a market stall but fail to secure it properly one weekend, and a gust of wind blows your gazebo onto your neighbour's market stall, damaging their property. As a Youi Business Liability insurance customer, we’d cover the cost of damages for the property damage if you were responsible to pay them to your neighbour.
Plumber
You run a small plumbing business and when one of your employees was completing some hot work on a client's home, a spark went unnoticed and ended up causing a small fire, setting the client's bathroom on fire. Your business is responsible for the property damage, but luckily, your Youi Business Liability insurance covers the costs.
Painter
You have a painting business and one day when painting a wall, the tin gets knocked off the scaffolding and spills all over a parked car below. You're responsible for the property damage to the car, and since you have Youi Business Liability insurance, it's all covered.
Electrician
One of your electricians did a job a few months ago at a customer's home. Unfortunately, due to some work that the electrician carried out, the meter box has caught fire and your business is responsible for property damage to the customer's home. As a Youi Business Liability customer, your responsibility to pay damages to the customer is covered.
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