Does being a B Corp make your insurance cheaper?

TL;DR: No, being a B corp doesn’t make your insurance cheaper. But at REALLY HONEST we'll give you a B Corp discount anyway.

Becoming a B Corp is hard. Months of evidence gathering, a forensic look at your governance, your supply chain, how you treat your people and the planet, all scored and verified by someone who owes you no favours.

You come out the other side a measurably better, lower drama business. So it feels fair to expect the world to reward that, and insurance feels like an obvious place to start. If you're less likely to cut corners, surely you're less likely to make a claim?

It's a reasonable thought. It's just not how underwriting works by default.

What does move the needle

Two things do, and they're worth keeping separate.

First, behaviour. The stuff that gets you certified, decent governance, lower staff turnover, a proper approach to health and safety, tends to make you a lower risk. Insurers increasingly factor this in. So a genuinely well run B Corp often presents better and can be priced better. But it's the behaviour being rewarded, not the certificate itself.

Second, schemes. Some insurers and brokers deliberately offer B Corp facilities and pass on a discount. That's a commercial choice, but it's completely legitimate. It just helps to know which one you're being sold.

Where we sit

We think B Corps are worth backing, so we offer a discount on business insurance for certified businesses. We're upfront that it's a scheme, not a claim that your certificate magically reduces risk. You still get priced on the merits of your business, though, and the discount sits on top.

If you're a certified B Corp, or working towards it, talk to us. We'll tell you honestly what difference it makes to your cover and your price.