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Commercial Insurance FAQs

Frequently asked questions about business insurance

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frequently asked questions about commercial insurance Frequently Asked Questions About Business Insurance

Some insurance providers and brokers specialise in providing commercial insurance. With such large sums of money and assets are at risk, it’s important that you do your homework carefully.

Can I get insurance for my vehicles if I rent them out?

Yes, most commercial insurance companies will provide you with a policy. Expect to pay higher premiums to offset the increased risk.

I work in a high risk industry. Can I still get commercial insurance?

If you work in a high risk industry, it is still likely that you can get commercial cover. Your premium will be higher than if you work in a lower risk industry.

Which company is best for small business liability insurance?

Each commercial insurance company provides different policies, pricing and levels of service. Get at least three insurance quotes to compare policies. Ask your friends and family who they use.

When I sign up for my home business insurance, do I have to tell the provider about previous insurance claims I have made?

Yes. If the insurance company discovers that you have lied or withheld information, your policy will be considered void and you will not be reimbursed for the premiums you have paid.

One of my commercial buildings has burned to the ground. Can I purchase liability insurance only?

Yes, as long as the building has completely burned to the ground and does not pose a danger. If half the building remains and is deemed a hazard, you will find it hard to obtain liability insurance coverage due to the elevated risk.


If you have questions that weren’t answered in our commercial insurance FAQs section, contact us for more information.

Isreal is passionate about finance, online marketing, travel and helping others increase their knowledge. My Insurance Guide was started over five years ago is one of the first insurance resources available online, free for all Kiwis to access.

Isreal HartleyAuthorMy Insurance Guide

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