In today’s uncertain and litigious world, insurance is necessary for every aspect of life. Consumers are often confused about where to begin and how to select the best policy for them. Even for the most savvy buyer, shopping around for insurance is a daunting task. A reputable broker is the best option to help you […]

There are two types of insurance policy: indemnity insurance or non-indemnity. What is indemnity? This is a guarantee to provide security or protection from possible harm, damage or loss. As compensation for any loss or damage, a lump sum is agreed upon in the policy. The following are the three main types of indemnity insurance. […]

With some variations, the insurance requirements of demolition contractors are not that different from their counterparts in construction. To avoid potential harms to workers or the public, contractors must be careful about their safe practices. Contractors in demolition need commercial general liability, company automobile insurance, property & contractors equipment, workers’ compensation to protect employees and […]

A motor trade insurance company that understands your needs will be able to help you. There are many types of motor trade insurance policies. Each motor trader is different and each policy may not be applicable to everyone. While comprehensive motor trade insurance may seem appealing, the premiums can be quite high. You may also […]

Insurance companies have operating expenses, just like any other business, and want to make a profit. Insurance companies typically have an “expense ratio” of between 30-35% and claim handling expenses of about 10%. They would love to make a profit of 5-10%. The remaining 50% is for actual claim payments. The insurance company will charge […]

Public liability insurance is a blessing in disguise when it comes to times of crisis. In this instance, crisis refers to loss or damage to property or bodily injury to customers or third parties while they are within the business compound. Businesses that deal with large amounts of public movement are at greater risk. This […]

When shopping for retail shop insurance, the first thing to do is to determine what elements of an insurance policy you business will need. It is important to choose the right insurance policy for you. A wrong coverage could cause your business serious financial problems, including the possibility of having to pay a large amount. […]

Roofers are more likely to be in need of insurance than any other business. Public liability covers the possibility that you may damage the building you are working on. You should also insure your van or lorry. Make sure your sub-contractors also have public liability insurance. It is also important to declare to your insurance […]

It’s safe to assume that few businesses will have the resources to purchase insurance to protect themselves against every threat they might face. In fact, business prudence requires that you reduce your expenses as much possible. Therefore, it is important to know the amount of coverage that you require. It is not easy to gauge […]

When you have a UK building business, it is important to create a safety net. Building is among the most hazardous occupations. You can’t be a self-builder without builders’ insurance. Builder employers’ liability is what only requires mandatory coverage. This type of insurance is mandatory if the builder employs another person. There are many other […]