What Is Auctioneers Insurance?
Regardless of whether you trade from an antiques centre, dealership, shop or your own home, we can protect your business with auctioneers insurance. With much experience dealing with art, antiques and specialist items that need protection, the insurance experts here at The Insurance Octopus have got you covered. We can cover stock, business contents and cases of business interruption due to insured events, as well as public and employer’s liability. Creating cover with a panel of some of the UK’s most reputable insurers, we can source the best deals, saving you time and money. Our team of insurance experts are here to help with any questions or concerns, and will guide you throughout the process. We can also help with any updates, add-ons, or claims, to make this as easy and hassle-free as possible.
Fantastic testimonials, being a Feefo Platinum awarded company, and a reputation for customer service are just a few of the reasons why you should choose The Insurance Octopus. For your auctioneers insurance quote, please fill in our form, or request a call back, and we’ll take you through our range of options.
What may be included in an auctioneers insurance policy?
Public Liability Insurance
If items are left in your care and you or a member of staff damage them, this policy will pay compensation to the owners for replacements, with cover available from £1m- £5m and higher amounts available upon request.
Professional Indemnity cover
Should sellers believe you misguided them on price, or claim dishonesty, negligence or defamation, professional indemnity cover will protect your business and reputation.
Legal Expenses cover
Claims can be costly, so we can cover them for you. From legal disputes and tax guidance through to debt recovery and correcting mistakes, we can do it all under this policy.
Employers Liability cover
A UK legal requirement, we can provide £10m cover as standard, protecting those who work for you, as well as volunteers and part-time staff.
Effective business insurance cover is essential
Use your head and your hammer and get dedicated insurance for auctioneers.
As an auctioneer you’re a professional who values and sells goods and services at auction. Our tailored online business insurance policies are designed to allow you to add, remove, increase or decrease all areas of your policy. You will be able to put together a tailored business insurance package to the way you want it, giving you as a professional auctioneer the essential cover you will need in one insurance policy.
As an Auctioneer, you will need a reliable and flexible business insurance policy that will help protect you from risks associated with your business. Whatever your auctioneering specialty we can help you save time and money on your auctioneers business insurance policy.
What your Auctioneers Insurance policy includes
Public Liability insurance cover
Public Liability insurance cover provides protection in case someone who works for your business injures or damages a member of the public or their property. If the third party then claims against your business and are awarded damages, your Public Liability insurance would cover the costs including legal fees that may occur in defending a claim.
Professional Indemnity cover
Professional Indemnity insurance, or PI insurance, will protect you and/or your business against any financial or trading loss that may be caused as a result of bad advice or a mistake made in work. Typically these claims can be a result of Negligence, Dishonesty, Defamation, infringement of Intellectual Property Rights and Loss of Data.
Legal Expenses cover
Legal Expenses provides assistance to cover the cost of legal representation or defence costs from you or business making a mistake. The costs of legal representation can not only be expensive, but they can disrupt a business and cause lasting damage if you do not have them covered.
Employers Liability cover
You are required by law to have Employers Liability insurance cover if you have one or more employees. Employers Liability cover comes as standard at £10m and will protect you, as the employer, against claims from your staff should they be hurt when working for you.
Why you need Auctioneers Insurance
A tailored business insurance policy is essential to protect you and your auction business which is why effective insurance cover for professionals is a legal requirement to have. Many clients will now ask to see details of your professional’s business insurance policy as part of their standard security checks. Having a professional business insurance cover certificate will enhance your reputation and show that you are dedicated to your profession.
Providing protection for a wide range of auctioneering professionals
Comparing auctioneer insurance quotes
Comparing auctioneer insurance quotes with The Insurance Octopus is easy. Simply get a quote online or speak to one of our friendly commercial insurance specialists.
We’re insurance specialists
At The Insurance Octopus we will endeavour to look at job specific policy extras to add on to ensure you are fully protected in one simple business insurance package. Our cover is bespoke and because we get to know you, you only pay for the cover you will need
Why choose The Insurance Octopus for Business Insurance?
We proudly make buying insurance different and our cover comes with a range of benefits.
Up to £5 million of cover
Claims can be expensive, that’s why we offer up to £5 million worth of public liability cover – with more available upon request.
Fast specific cover
To help save you both time and money. We compare prices from a range of different insurers so you don’t have to.
An expert who knows your industry
We’ll connect you with an agent who is an expert in your field. They understand many of the challenges you face, and can truly get to grips with the type of cover you need.
Easy claims process
Accidents can happen, so when something does go wrong you can rest easy knowing our team is on hand to make the claims process as quick and stress free as possible.
No mid term fees, ever
We don’t charge any mid-term fees at all during the life of your policy – so there are no hidden fees following any changes you might need to make.
Get Business Insurance off your to do list
Help protect and grow your business with tailor made business insurance from The Insurance Octopus
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