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Business contents and stock cover

If your business loses its stock, equipment and electronic goods, contents and stock insurance can cover the cost of replacing the items, so that you can get back to work.

Take a look at our guide to business contents and stock cover to find out how it could help your business.

What is business contents insurance?

If there was a fire at your business premises, or you became the victim of a burglary, the cost of replacing any damaged or stolen items could be significant. Thankfully, it's possible to insure your business contents and stock through Direct Line for Business, so you’re covered in the event of an unforeseen event.

Our contents and stock cover will pay the cost of fixing, or replacing, any of your insured business items. For example, if you run an accountancy firm, you might have a lot of computer equipment or even expensive art and furniture. If any of these items needed replacing because of damage caused by a burst water pipe, you would be able to claim against your contents and stock insurance.

This cover isn’t limited to offices, if you have items that are essential to your trade then they need cover. For instance, if you run a bed and breakfast, you can insure everything from bed linens to industrial vacuum cleaners. Equally, you might be a tradesperson who relies heavily on your tools. If they were to get stolen from your premises, or damaged due to a fire or flood, you’d face a hefty bill to replace them.

If you don't have the right insurance in place, you will need to foot the bill and replace all your crucial business items. This could mean that you have to temporarily cease trading or, in the worst-case scenario, it could put you out of business permanently.

Your contents will generally be covered for a number of insured events, such as:

  • Fire
  • Lightning
  • Explosion
  • Riot
  • Civil commotion
  • Earthquake
  • Flood
  • Storm
  • Malicious damage
  • Theft
  • Robbery

How much does business contents and stock insurance cost?

Your business contents and stock insurance quote will depend on:

  • The type of business you run
  • The location of your premises
  • The items you wish to insure
  • Your claims history

Every business is different, the only way to know how much it will cost to add contents cover to your insurance policy is to get a quote from us.

When you start our quote process, you’ll be asked a few questions about yourself, your business and how much cover you need. You can personalise your business insurance to meet your specific needs.

What does business contents insurance cover?

Your contents and stock insurance can cover items that are important to you and your business. You need to specify all of your business contents to get the appropriate sum insured.

The sum insured is the maximum amount we can pay out to cover the cost of replacing all your items. It is your responsibility to ensure this number is correct, as failure to do so could affect the settlement of a claim.

You can insure large, expensive items as long as you include them within the total amount you want insured.

Do I need business contents insurance?

No matter what type of company you run, there are always some items that are essential to the smooth running of your business. If those items are expensive, or an item cannot easily be replaced, e.g. a specialist piece of equipment, having business contents and stock insurance will help cover the loss.

Even if your business is small and you only use a desktop, it’s still worth getting insurance. If your PC was damaged beyond repair, you could then get it swiftly replaced with a like-for-like model, with minimal disruption to the flow of the business.

If you run your business from home, it’s also worth remembering that your home insurance will probably not cover your business stock and equipment. It’s important that you take out business insurance so if the worst happens, you don’t lose out.

Does Direct Line for Business offer business contents insurance?

You can add contents and stock cover to your business insurance policy, along with other cover you might need. Our online quote tool makes it easy to pick and choose your cover and then pay for it in simple monthly instalments with only one renewal date to remember.

We believe the best contents insurance is cover that responds to the specific requirements of your business. We know what our customers need so we include equipment breakdown cover with your contents and stock cover, as standard.

Here are some of the other key features of our business contents and stock insurance:

  • You can cover everything that’s important to your business, even specialist items, as long as you include them in your total business contents sum insured
  • You can choose to insure items whilst you are on the go, even if you don’t have a business premises, ideal if you travel a lot for your work or work on site

What does equipment breakdown cover?

Equipment breakdown is included, as standard, in our business contents and stock cover. It covers items that are used for your business, including:

  • Fridges
  • Telephones
  • Printers
  • Computers
  • Food preparation equipment
  • Laundry equipment

If any of these items broke down, it could prove extremely difficult to keep doing business. If you run a catering business, you rely on your fridges to keep your stock from spoilage, so it’s important that your cover extends to both fixing the problem and replacing any stock that’s damaged beyond repair. However, we cannot cover items damaged due to wear and tear.