What insurance do I need for my business?
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.
How much does business insurance cost?
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.
Is car insurance for business more expensive?
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.
How do I get Small Business Insurance?
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.
Do I need public liability insurance?
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.
Is workers’ compensation covered by business insurance?
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.
Is professional indemnity insurance included with Youi Small Business Insurance?
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.
Does Youi offer sole trader insurance?
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.