Top Tips for Making Business Insurance Savings in 2025

How SME business owners can protect their business without breaking the bank

With many costs on the rise for UK businesses, it’s easy to assume that everything’s getting more expensive- including your insurance. But in reality, 2025 could actually present an opportunity to save. We’re currently in what the insurance world calls a "soft market," where premiums are stabilising or even falling in many sectors.

So how can you make the most of it? Here are our top tips to help SME owners cut unnecessary costs, tighten cover, and make sure you're getting the best value from your insurance in 2025.

1. Review Your Cover Regularly

Your business has likely evolved over the last 12 months. Have your insurance policies kept up? Reviewing your cover at least annually (preferably with a broker) ensures you’re not over-insured or worse, under-insured.

Don’t pay for what you don’t need.

2. Bundle Your Policies Where Possible

Combining multiple insurance policies with one provider (such as public liability, professional indemnity, and commercial property) can lead to significant savings. Bundled policies are often more cost-effective and easier to manage.

3. Increase Your Excess—But Be Realistic

Opting for a higher voluntary excess can bring premiums down. Just make sure it's a level your business could comfortably cover in the event of a claim. Your broker can help you strike the right balance.

4. Invest in Risk Management

Insurers love businesses that actively reduce their own risk.

Simple improvements like installing updated security systems, training staff on health & safety, or implementing cyber protection can help lower your perceived risk—and your premiums along with it.

5. Ask Your Broker to Go to Market

Many businesses stick with the same insurer year after year out of habit. But the market is competitive right now, and there could be better deals out there. Ask your broker to shop around and compare policies—not just on price, but also on service and claims support.

6. Don’t Wait Until Renewal Time

Waiting until a few days before renewal gives you less room to negotiate. Start the review process early—at least 4–6 weeks before your policy ends—so you have time to explore all your options.

7. Lean on a Broker Who Understands SMEs

Navigating business insurance can feel like a minefield. Working with a broker like Vista NW, who specialises in supporting SMEs, ensures you’re not only getting the right cover but getting the best deal available too.

Get Smarter With Your Insurance in 2025

At Vista NW, we believe protecting your business shouldn't come with hidden costs. With the right advice, the right cover, and a few smart moves, you could unlock real value from your insurance this year.

Want to find out how much you could save?📞 Call us on 01244 662025  📧 Email us at info@vnwl.co.uk 🌐 Or get in touch here: https://vnwl.co.uk/contact