Wrapping your head around Small Business Insurance may feel like just another item to add to your ever-growing to-do list. Taking the time to cover yourself and your small business is an important step to take as a small business owner. To give you a hand, we’ve spoken to our Small Business team to get their best tips on how to get started and what to consider.
Where to start?
A good starting point is to consider all possibilities and scenarios that could potentially affect or disrupt your business. Do you operate around other people’s property? Does the apprentice zip around in the company car? Are you frequently moving stock, tools or even tech from your main place of work? Once you’ve had your brainstorm, talk to a trusted insurance specialist, and ask any questions you have (no matter how silly you think they are).
Sometimes it can be difficult to know when you do need specialised small business insurance, or if your current home or contents insurance is enough. That’s where an insurance specialist makes the difference. They can help you to find the right level of cover that you need.
They can also help you to consider risk situations that may not have crossed your mind, clarify the ins and outs of a policy document and help you understand the claims process. It’s about providing you with the peace of mind by offering customisable insurance to best suit your needs, so you can focus on taking care of your business.
Popular business cover you might want to consider
Public and Products Liability
Public and Products Liability Insurance provides cover for your legal liability if property is damaged or someone is injured due to your business activities. If you have Small Business Insurance with us and you're found legally liable for damage to property or an injury someone sustains due to your business activities, we'll pay for the damages awarded against you, up to your policy limit.
Portable Contents and Stock
Do you travel around with business equipment like laptops, tools and stock? Portable Contents and Stock Insurance covers the contents and stock you normally carry around with you for your business, such as phones, laptops and tools. Our Portable Contents and Stock Insurance covers your business materials against loss or damage when you’re away from the base of your operations, wherever you are in New Zealand.
Commercial Vehicle
Whether your vehicles are on-road, off-road, on wheels or tracks, if you use vehicles for any part of your business then accidents, damage or theft can halt your business in its tracks. Our Commercial Vehicle Insurance covers you for damages to your vehicle or damages you cause to someone else’s property. We offer different types of cover depending on the type of commercial vehicle you’re looking to insure.
Want to find out more information about Small Business Insurance? Call our Small Business team on 0800 500 231, request a call back at a time that suits you or find out more information here.
Any questions?
Now’s a great time to review your insurance. We recommend checking your details are up to date and ensuring the policy and cover you’ve chosen is right for you and your insurance needs.
If you have any questions about your insurance, need to update your AA Insurance policies or would like a quote, don’t hesitate to contact us. We’re open from 8am to 8pm weekdays and from 8am to 6pm weekends and public holidays.
This blog provides general information only and is not intended to be a recommendation or personalised financial advice. Excesses, terms, conditions, limits and exclusions apply to AA Insurance Limited’s policies. Please check the policy wording for details of cover. The provision of cover is subject to the underwriting criteria that apply at the time.