Business Insurance in Newcastle

Business Insurance for Newcastle businesses 

Business Insurance is an insurance package designed to provide cover for your business contents, stock, tools and commercial premises when an insured event occurs (such as fire, storm, theft or even accidental damage). A Business Insurance package can also cover your portable equipment, glass and for loss of revenue due to business interruption in specified circumstances.  In addition, cover is available for public liability, tax audit, employment practices and statutory liability risks.  

As of 2023, there are 15,492 small businesses in Newcastle, with 531 additional new business entries between 2022 and 2023.  

The main employing industry is Healthcare and Social Assistance, employing 20.9% of the population. The second largest employing industry is Construction, employing 10.6% of the population, followed by Education and Training, employing 9.1% of the population.  

The sector with the largest amount of registered businesses is Construction, with 2,412 businesses registered. This is followed by Professional, Technical and Scientific Services, with 2,366 registered businesses, and Healthcare and Social Assistance, with 2,022 registered services.  

Like all small business owners, they each have a responsibility to take reasonable steps for the safety of their customers, suppliers and the community and for their property.