When you compare small business insurance, look beyond the premium and check the cover limits, exclusions, excesses and claims process. Depending on your business, you may need public liability, employers’ liability, professional indemnity, business interruption, tools, stock or commercial vehicle cover. Employers’ liability insurance is generally required if you employ staff, although specific exemptions may apply. Compare like-for-like quotes from FCA-authorised providers or a regulated broker, and make sure the policy reflects your work, turnover, premises and equipment; the provider can confirm what is suitable for your circumstances.