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.
You can add contents and stock cover to your business insurance policy, along with other cover you might need.
We believe the best contents insurance is cover that responds to the specific requirements of your business. Therefore, we include equipment breakdown cover with your contents and stock insurance, as standard.
We'll cover items that are used for your business, including:
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. We cannot cover items damaged due to wear and tear.
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.
If you work out of an office, 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 insurance isn't limited to offices. Items that are essential to your trade can also be covered. 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.
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, 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.
Your business contents and stock insurance quote will depend on:
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.
Yes. If you travel a lot for your business, visit clients or work at multiple locations, you may want to insure your business equipment on the go.
Accidents can happen, especially when you're on the move or in public spaces. A stolen phone or damaged laptop could prevent you from connecting with clients, completing projects and accessing important files. That's why it's important to have the right cover in place, so that you can replace important items quickly and get on with the day-to-day running of your business.
As well as insuring your equipment on the go, you can also cover your stock. So, if you're selling products at a fair or you're transporting items via a third party, you're covered if your stock gets stolen or damaged.
To take out this cover, you will need to select contents or stock on the first page of our online quote tool.
At the moment, we are not able to cover couriers who transport third party goods.