The price of your employers' liability insurance will vary, depending on the number of employees you have, the industry you operate in, as well as the type and level of risk your business faces most often.
To give you a rough idea, here are a few examples of the approximate costs you can expect to pay:
- According to AXA, 10% of their employers' liability insurance customers paid £42 or less for their cover in 2020
- NimbleFins indicated that the average cost of employers' liability insurance ranges from about £61 per year for a single office worker, up to £213 or more for a trade worker for a small to medium-sized business in the UK.
To obtain a more accurate estimate, your best option would be to run an online quote with the insurance provider you're looking to purchase from.
