Business insurance for small businesses in Parramatta
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 31,057 small businesses in Parramatta, with 782 new business entries since 2022.
The main employing industry is Healthcare and Social Assistance, employing 16.8% of the population. The second largest employing industry is Public Administration and Safety, employing 15.9% of the population, and Education and Training, employing 8.3% of the population.
The sector with the largest amount of registered businesses is Construction, with 5,041 businesses registered. This is followed by Professional Scientific and Technical Services with 4,619 businesses, and Rental, Hiring and Real Estate Services, with 3,703 registered businesses.
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.
How much does Business insurance cost?
Business insurance is one of the most popular types of insurance for small businesses in Newcastle. In fact, it is arguably important for almost every kind of business, from those that operate in the trades and service industries, to businesses that are predominantly office-based, such as consultancy occupations.
Given the various industries and occupations that business insurance can cover, the cost can vary greatly. This is due to several factors including:
- The type and nature of your business
- Your business turnover and size
- The amount of insurance cover your business needs
This information is general only and does not take into account your objectives, financial situation or needs. It should not be relied upon as advice. As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording.
© 2025 BizCover Pty Limited, all rights reserved. ABN 68 127 707 975; AFSL 50176
Real-life customer reviews verified by Feefo