It is estimated that the cost of flood damage in 2012 will be £1bn. “So what” you may ask, “That’s what insurance is for”. Yes it is, but insurance is all about protecting against unforeseen events, not things that are likely to happen. Insurers now have more and more data about the likelihood of flooding… Read more »
Tag: insurance broker bromsgrove
Is Pollution a risk for your business?
Think pollution is not a risk for your business? Think again! It’s not just big chemical companies that face pollution problems. Leaks from oil tanks can also cause river or ground water pollution and companies can face clean up costs for long term pollution, which isn’t covered under normal insurance policies. The subject… Read more »
Home Insurance Tips for the more complex
Home Insurance for the more complex! Most people can arrange their home insurance very easily with a few “clicks” or a phone call. However, you may have more complex requirements or may prefer a more face to face service. You may not “fit” a standard home insurance policy and may have a concern in the… Read more »
Insurance Tips for Manufacturers
This bulletin is designed to give manufacturers a better understanding of some of the risks that they may face and some of the solutions that are available to them. Manufacturers face a multitude of different issues depending on their particular sector so this issue COULD go on for pages! However, I’ve tried to keep it brief… Read more »
Insurance Tips for Property Owners
This bulletin is designed to give property owners a better understanding of some of the risks that they may face and some of the solutions that are available to them. Common Issues and Concerns Getting the name right on the policy. It may seem a minor point but the policy must be in the name of the property owner or… Read more »
Travel Insurance before it’s too late!
If your thoughts turn to booking a holiday, remember to arrange your travel insurance as soon as you have paid a deposit and NOT when you are just about to go away. Then, if you have to cancel the trip (for example, someone falls ill or is called for jury service), the policy will cover… Read more »
Flood Insurance Claims Up
The average cost of a burst pipe claim has reached £25,000 according to AXA insurance, with the total number of claims up by around 50%, following two successive winters of big freezes.
Who pays if you have to move out?
Claims for damage to homes following burst pipes increased last year and the scenes of flooded houses are becoming all too familiar. Repairing the damage is one thing, but if you have to move into temporary accommodation for several weeks or even months, would all your costs be insured? The amount that insurers will pay for… Read more »
Home Insurance – Preparing for Winter
As the late summer heat wave seems to have left us at last, now is a good time to prepare for the coming winter weather and those darker nights. Here are a few suggestions to help. Flat roofs – these are very susceptible to wind and storm damage so make sure they have been inspected… Read more »
Loss of Profits Insurance – Getting it right
A fire that gutted a 15th century pub and badly damaged several Hereford city centre shops in October 2010 has highlighted the need for correct loss of profit or business interruption insurance. The fire has meant that several businesses have still not been able to re-open and plans have only now been approved to re-build…. Read more »