Running a business comes with many challenges and risks. Whether you own a small shop, work as a freelancer, or manage a growing company, having the right insurance can protect you from unexpected losses. One company that makes this easy is Simply Business Insurance. This guide explains what Simply Business Insurance is, how it works, and why it’s a great choice for small business owners.
What Is Simply Business Insurance?
Simply Business Insurance is an online insurance provider that helps small business owners and self-employed professionals find and compare insurance policies. Instead of contacting multiple insurance companies one by one, Simply Business allows you to get quotes from top insurers in one place.
It was founded in the UK and later expanded to the United States. The company focuses on making insurance simple, fast, and affordable. It offers coverage for many types of businesses — from contractors and consultants to shop owners and digital freelancers.
Why Do Small Businesses Need Insurance?
Every business, no matter how small, faces risks. Accidents, mistakes, theft, or lawsuits can happen anytime. Without insurance, these events could lead to big financial losses. Business insurance provides protection against such risks.
Here are a few common examples:
- A customer slips and falls at your store—liability insurance covers the medical costs.
- A fire damages your equipment—property insurance helps you replace it.
- A client sues you for a mistake—professional liability insurance covers legal fees.
Simply Business helps you choose the right coverage based on your business needs.
Types of Insurance Offered by Simply Business
Simply Business offers several types of insurance designed for different industries and risks. Here are the most popular ones:
1. General Liability Insurance
This covers accidents or damages that happen to others because of your business. For example, if a customer gets hurt on your property or you accidentally damage someone’s belongings while working.
2. Professional Liability Insurance
Also known as Errors and Omissions Insurance, this protects you if a client claims your work caused them financial harm. It’s useful for consultants, designers, accountants, and other professionals who give advice or services.
3. Workers’ Compensation Insurance
If your employees get injured while working, this insurance covers their medical treatment and lost wages. It’s a legal requirement in most states for businesses with employees.
4. Business Owner’s Policy (BOP)
A BOP combines general liability and property insurance in one plan. It’s a good choice for small businesses that want complete coverage at a lower price.
5. Commercial Auto Insurance
If your business uses vehicles for deliveries, client visits, or transport, commercial auto insurance protects them in case of accidents or theft.
6. Cyber Liability Insurance
For businesses that store customer data online, this insurance covers losses from data breaches or cyberattacks.
Benefits of Choosing Simply Business Insurance
Here are some key advantages of using Simply Business:
- Fast and Easy Process—You can get multiple quotes online within minutes.
- Customizable Coverage – Choose the insurance that fits your business type and budget.
- Trusted Partners—Simply Business works with well-known insurers like Hiscox, Travelers, and CNA.
- Affordable Options – You can compare prices to find a plan that gives the best value.
- Expert Support—Their customer service team helps guide you through every step.
How to Get a Quote from Simply Business
Getting insured through Simply Business is very simple:
- Visit their website—go to simplybusiness.com.
- Enter your business details – Provide information like your industry, business size, and location.
- Compare quotes—You’ll receive several offers from trusted insurance providers.
- Choose your policy—Pick the plan that meets your needs and budget.
- Buy online—You can purchase the policy directly and get proof of insurance immediately.
The whole process takes just a few minutes and can save you hours of paperwork.
Who Can Benefit from Simply Business Insurance?
Simply Business is ideal for:
- Freelancers and contractors
- Small business owners
- Startups
- E-commerce sellers
- Tradespeople (like electricians, plumbers, and builders)
- Professional services (such as consultants, designers, or accountants)
If you work for yourself or run a small team, Simply Business can help protect your hard work.
Tips for Choosing the Right Policy
- Understand your risks—Think about what could go wrong in your line of work.
- Compare plans—Don’t just pick the cheapest; look for the best coverage.
- Check legal requirements—Some states require specific coverage like workers’ comp.
- Review yearly—Update your policy as your business grows.
FAQs
1. Is Simply Business a real insurance company?
Simply Business is an insurance broker, not a direct insurer. It connects you with top-rated insurance companies that offer coverage for your business.
2. How much does Simply Business Insurance cost?
The cost depends on your business type, location, size, and coverage needs. Some small businesses pay as little as $25–$40 per month.
3. Can I cancel my Simply Business policy?
Yes, you can cancel anytime. However, some insurers may charge a small fee depending on your contract terms.
4. Does Simply Business cover home-based businesses?
Yes, freelancers and home-based businesses can get coverage through Simply Business.
5. How do I get proof of insurance?
Once you buy a policy, you’ll receive a certificate of insurance instantly by email.
Final Thoughts
Simply Business Insurance makes protecting your business easier than ever. It brings together top insurance providers, clear pricing, and flexible options—all in one simple online platform.
