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. Public Liability Insurance is one of the most common insurance policy elements. Policy covers are available from £1m, £2m, £5m and can be higher upon request and subject to the insurer’s terms and conditions.
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.
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 us for Auctioneers 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, which is why we offer up to £5 million worth of public liability cover for auctioneering professionals.
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.
A specialist who knows your industry
We'll connect you with an agent who specialises 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.
Octopus customer rewards
We pride ourselves on the value we offer our customers, and with Octopus Customer rewards we give our customers a few additional benefits to their insurance such as discounts and offers to save them money.
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.