Compare business insurance
Compare business insurance in Australia the easy way. Get instant quotes online or connect with one of our expert brokers.
Finder makes money from featured partners, but editorial opinions are our own.
Why compare business insurance with Finder?
You pay the same price as buying directly from the business insurer.
We're not owned by an insurer (unlike other comparison sites).
We've helped over 30,000 businesses find cover.
How does business insurance work?
You pay a regular fee and in exchange you'll get financial help in heaps of untoward situations. That could be anything from burglary and storm damage, through to legal costs and compensation if you find yourself on the wrong end of a lawsuit.
One of the best bits of business insurance is that you can pick and choose which types of cover you want. Don't have any stock? Scrap commercial property. Worried about an online hack? Add cyber insurance.
When you're running your own business, it can sometimes be hard to see the forest for the trees. An expert can help you identify the risks associated with your specific business and make sure you're covered if something goes wrong.
Gary Ross Hunter
Finder's senior writer for insurance
Learn more about
business insurance
Our guides can help you compare and understand the type of cover you need for your business.
Workers compensation insurance
If you have employees, you're required to have this to protect them in the event of an accident or illness.
Professional indemnity
Covers legal costs and compensation if your business gives inaccurate advice or poor service to a customer who later sues.
Public liability
Covers legal costs and compensation if you cause injuries to someone or damage their property.
Cyber liability insurance
Covers recovery costs if you're the target of a cyber attack, as well as legal fees if the breach results in a lawsuit.
Which types of business insurance do you need?
If you're not sure which type of business insurance you need, we suggest chatting with an expert broker who will be able to help. However, we created the table below as a quick guide.
| Type | If your business... | You run the risk of... | Insurance can help you with... |
|---|---|---|---|
| Commercial property |
|
|
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| Professional indemnity |
|
|
|
| Product liability |
|
|
|
| Public liability |
|
|
|
| Business interruption |
|
|
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| Cyber |
|
|
|
Is business insurance compulsory?
- Public liability insurance and professional indemnity are compulsory for certain professions. Without it, you may not be able to operate with a full licence.
- Different states set requirements for liability insurance, as do professional associations and licensing bodies. Some even set minimum requirements for the amount of insurance needed.
- Many businesses will require that their suppliers or service providers have business insurance as part of their contract.
If you employ at least 1 person, it's very likely you will need workers compensation insurance. Read specific requirements here.
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