UK Ltd company insurance average costs:
- Public liability (£1M cover): from £100–£300/year for sole director Ltd companies
- Employers’ liability (£10M cover): from £150–£400/year
- Professional indemnity: from £150–£600/year depending on profession and revenue
UK providers for Ltd company insurance include Simply Business, Hiscox UK, AXA, and Caunce O’Hara.
HowTo: Get LLC Insurance in 5 Steps
Step 1: Assess Your LLC’s Risk Profile
Identify your industry, number of employees, annual revenue, and whether you have a physical location or use vehicles for work. Higher-risk industries, larger teams, and physical locations require broader coverage.
Step 2: Check Your State’s Mandatory Requirements
Verify whether your state requires workers’ compensation and what the employee threshold is. Check whether your industry requires a business license that mandates minimum liability coverage.