The cost of $2m of public liability insurance starts from $225 a year for a florist or office supplies shop with sales turnover up to $500,000.
The cost of $100,000 of business insurance for assets, contents and stock starts at $500 per year for office based businesses anywhere in New Zealand.
Optional extra insurance cover, such as $5m of public liability insurance, adding statutory liability and employers liability insurance and natural disaster insurance to cover earthquakes, will add to the cost.