How much does Credit Insurance cost?
The cost of credit insurance is calculated as a percentage of a company’s insurable turnover and depends on the following factors:
- Company’s trading history
- Business sector
- Type of customers to be covered
The average cost of trade credit insurance premiums normally range from less than 0.1% of turnover to more than one percent. Typically however, a company will currently pay 0.15% and 0.3% of insurable turnover although this could be much higher particularly for certain political risks and for clients with a poor credit management history. Minimum premiums for whole of turnover (including any credit limit fees) range from between £3,500 to £5,000.
Clients usually pay credit insurance premiums by interest-free instalments over 10 or 12 months. Insurers who apply a one-off ‘limits charge’ will charge this at the start of the insurance period or for larger risks a charge per limit held are charged monthly.

Access to various credit insurers
Rowlands & Hames have access to all the major trade credit insurers – Euler Hermes; HCC International; Coface; Atradius; QBE; Chartis; Zurich; CIFS; DuCroire; and ACE. AS a result, we are able to source the most competitive quotes available.
Find out more about Credit Insurance from Rowlands & Hames. To request a quotation, please visit the following page: Credit Insurance Quotations