Over the last 6 months I have discovered a disturbing fact. Of the new clients taken on by us, I have found that in 60% of cases, their previous insurance was either inadequate or had missing areas of protection. Quite worrying for the business owners as this could have led to a claim not… Read more »
Category: Business Insurance
Does One Size Fit All?
As news that Homeserve faces a £34m penalty from the Financial Conduct Authority for it’s past sales practices, I am reminded that whilst “big” can mean better buying power, it can also mean that customers end up being treated the same. One size does NOT fit all. Taking time to listen to a client and to… Read more »
Driving Records Online Will Lead To Lower Insurance Costs
You may have seen media coverage about driving licence details going online, which will mean the paper counterpart document will no longer be necessary from mid 2015. Currently insurers have to take motoring conviction details on trust. Some motorists are less than honest so don’t pay a high enough premium. Others often “over declare” and provide details… Read more »
Superman to the Rescue!
Is it a bird? Is it a plane? Last week an accountant contact asked if I could help one of her clients. She had seen my recent photo taken with “Superman” and hoped some superhero qualities could assist! Her client imports and sells toys but her insurer had decided that they were no longer prepared… Read more »
100 Days of Snow?
Last month forecasters were predicting 100 days of snow. Well, it hasn’t started yet but the signs are showing so before it gets bad, here are a few suggestions to help protect your property. Whilst you may have insurance, not having to make a claim can mean less disruption and not having to pay your policy excess…. Read more »
Insurance for when not even Superman can help.
Andy Phillips has to help all sorts of people and businesses when it comes to insurance protection. If I can meet a superhero’s insurance needs, think what I can do for you! Call today for a FREE no obligation review of your business insurance – 01527 306 041, or drop Andy an email… Read more »
11 Ways to help get your insurance claim paid – #10
11 Ways to help get your insurance claim paid. #10 – Build up an asset register for your business contents and machinery In the same way as Tip #9, having a list of all your business equipment and contents has a number of benefits: It helps you to recall what might have been damaged… Read more »
11 Ways to help get your insurance claim paid – #8
11 Ways to help get your insurance claim paid. #8 – Check that your employees have a licence to drive If you allow an employee to use a vehicle (their own or yours) for the purpose of your business, you have a duty to make sure they are entitled to drive. You should therefore… Read more »
11 Ways to help get your insurance claim paid – #7
11 Ways to help get your insurance claim paid. #7 – Fit the right locks to your doors and windows Do you know a 5 lever mortice deadlock from a rim lock, a hinge bolt from a locking bar? Possibly not. But an insurer does and if they specify certain types of locking device,… Read more »
11 Ways to help get your insurance claim paid – #6
11 Ways to help get your insurance claim paid. #6 – Comply with policy warranties This is a big one! Failure to comply with an insurance policy warranty means the insurer can decline to deal with your claim and even cancel the insurance. Typical business insurance warranties include: Clearing up and removing waste in a specific way… Read more »