by jqm | Feb 10, 2017 | Business Insurance, Business Insurance Staffordshire, Business Insurance UK, Local Business Insurance News
Compare Business Insurance in Staffs
When you start your own business in Stafford or elsewhere in the UK, insurance probably won’t be the first thing you think about.
Chances are you’ll be more focussed on trying to make a living from your new venture. However, whilst it might not be at the top of your list of priorities, it should certainly be an important consideration. Business insurance can provide the peace of mind of knowing that your business is protected at all times. To find a business insurance policy that tailored to your business’s distinct needs contact Just Quote Me.
The Right Policy for your Business
Don’t make the mistake of purchasing a “one size fits all” insurance policy.
All businesses are different and possess distinct needs that must be catered for. All too often, business insurance policies are generic and fail to provide adequate for businesses they’re meant protect. When you acquire a business insurance quote from Just Quote Me – the UK’s premier business insurance comparison website – you can rest-assured that your policy will be unique to you and will tick all the boxes that you need it to. Whether you’re in Staffordshire or the West Midlands, contact Just Quote Me today to get a quote.
To Compare Business Insurance Quotes Online:
Go to our online Quote System or call us on 0800 084 2325
by jqm | Feb 8, 2017 | Business Insurance, Business Insurance Blog, Business Insurance UK, Local Business Insurance News, Professional Indemnity Insurance
Professional indemnity insurance is a special form of business insurance cover you may find to be completely invaluable. It is a good idea if your firm provides professional advice, help and expertise for other businesses. This applies too for individuals providing such a service.
PI insurance is also known as indemnity cover and can protect you should a client believe you have been negligent costing them financially or in time lost.
Do you need indemnity insurance?
A good question but if you offer a professional service which involves advice or handling data or intellectual property that belongs to a client/business then you could benefit from taking out such indemnity insurance cover.
Should you be subject to a claim, without PI insurance cover, then you could find that you have to pay out the sort of amounts of money that could destroy any business in the worst case.
What protection does professional indemnity insurance provide?
Professional indemnity insurance is will cover compensation to a claimant, including things such as loss of earnings, future loss of earnings and even the cost of repairing any damage caused to personal property such as clothes, laptops, briefcases and documents.
You should look for cover against any potential damages that could be awarded to any claimant, including legal costs which can easily rack up to large amounts of money. You may also need cover for the claimant’s legal costs should you be found to be at fault, again, these can amount to a tidy sum!
Before you do take out professional indemnity insurance cover, make sure that what you were hoping to be covered under the policy is actually included as cover can differ!
Check out all of the terms and conditions thoroughly. Identify any areas where you or your organisation could be especially vulnerable to any claim.
Helpful further information
The actual level of insurance cover that you need will depend on your businesses activities and the potential risk that is attached to them. These can vary widely which is why companies such as us can help with the nitty gritty details.
Small businesses need to consider protecting themselves with this cover, especially young start-up business, with no cash-flow or financial resources to fall back on.
The actual types of risks that your organisation could be exposed to include, but are not just limited to the following:
Intellectual property disputes
Dishonesty
Loss of money
Loss of documents or data
Negligence
Confidentiality breaches
Defamation
Copyright breaches
Loss of documents
Loss of IP rights
Think carefully about your level of acceptable risk before making any quick decisions.
by jqm | Feb 7, 2017 | Business Insurance, Business Insurance UK, Landlord Insurance, Local Business Insurance News
Landlord Insurance
Landlords have a touch enough job as it is, often holding down a nine to five career whilst, at the same time, doing their best to keep on top of their sometimes unruly tenants!
The last thing that any owner letting property needs is to have a problem with one of their properties that then requires expensive repairs or other remediation works.
This would only be made worse for them if they thought they had insurance in place to cover the risk but then found out that, due to a policy exclusion or similar wording, they were not covered!
It can be an expensive lesson to learn for some property owners!
Such a situation can be a hard and expensive lesson to learn for some Landlords so, to help them avoid an unsuccessful insurance claim in the future, we thought it would be prudent to share the major issues we know of, that may result in such a claim being denied!
So then, without further ado, here are our top five reasons that result in Landlords Insurance Claims not being settled.
- Your tenant sublets your property
In the case where your property is sub-let by your primary tenant renting out accommodation to sub-tenants your landlord insurance could be void. This means that you would not be covered if you were to make an insurance claim.
This means effectively that, in this type of case, even though you have been accepted for cover, the policy exclusions will mean that you are still not covered by your insurance provider.
- You have an unoccupied property
Another policy exclusion would be one that has a clause stating, for instance, that you are not covered if your property remains unoccupied for more than 45 days. This period of time can of course vary depending on the provider. If you have gaps between your properties tenancies due to your tenant not being able to move in for a month or two then you need to consider this important factor carefully.
- You have an unusual property
You will often find that when you first sign-up to purchase a policy, that you will often have to agree that your rental property is of standard construction. This refers to the fact that normally, it would be constructed from brick or stone walls under a standard tiled or slate roof.
In those unusual cases where you have a property that was built with a timber frame, pre-fabricated sections, or perhaps has a concrete construction, then you may not be able to agree to such a clause.
You must tread carefully because, should you not have a standard type of construction that you have already agreed to, then you will not be covered. Honesty is always the best policy when it comes to arranging cover.
- Be careful if you are performing major renovation work
Some insurance policies will have a limit on the amount of renovation work that you can perform whilst still maintaining your policy cover. Reputable companies policies will, for instance, cover a property that’s undergoing renovation work up to say a total of £250,000. Some may be higher than this figure and some may be lower, always be sure to check the small print to see what it includes and excludes.
- Do you let a flat-roofed property?
When you are arranging your cover, you may be asked if a certain amount, or percentage, of your roof, is flat. This can be a problem when obtaining insurance, particularly for those properties with a completely flat roof.
The other thing to bear in mind is that some roofs will have varying types of construction. If in any doubt you should discuss these matters with your insurance provider to help mitigate your own risk.
Make sure that you have got it all covered!
It is, as we said before, important to be as honest as possible disclosing anything that you think is pertinent to your cover policy. If you do not do this, this is when you may have trouble when you need to be getting a claim paid out.
We are always ready here at Just Quote Me, on hand to answer any of your Landlords Insurance related questions.
Compare Landlord Insurance:
Go to our online Quote System or call us on 0800 084 2325
by jqm | Feb 7, 2017 | Business Insurance, Business Insurance UK, Local Business Insurance News, Office Insurance
Are you looking for Office Insurance Quote Online?
As a business, your office will be one of your most important assets. This makes it vital that it’s properly protected.
Tailored office insurance can ensure that you’re covered in the event that something should happen to it i.e. a break in or a fire. Having the right insurance in place means that you can get back to work as soon as possible.
Most business owners know that they need office insurance but many are unsure about how to go about obtaining the right cover to meet their needs. A good idea is to get a quote from Stafford company Just Quote Me – the UK’s premier insurance comparison website for businesses in Staffordshire and the West Midlands.
Quick, Quality Cover Starting a new business can be exciting, however, it’s important to remember to purchase office insurance before you begin trading.
To get an Office Insurance quote:
Go to our online Quote System or call us on 0800 084 2325
by jqm | Feb 7, 2017 | Business Insurance, Business Insurance Blog, Business Insurance Staffordshire, Business Insurance UK, Business Liability Insurance
Looking to compare Business Insurance quotes online?
Compare Business Insurance Online with Just Quote Me – our Small Business Insurance Online quote and Buy facility is exclusive to Just Quote Me and within just a few minutes you can have your instant online Business Insurance Quote for you to compare.
Our quotes will help you to make an informed decision – should you still require further advice then one of Just Quote Me Business Insurance Experts will call you at a time suitable for you to discuss the small print other providers seem to brush over or indeed not discuss with you.
Just Quote Me are experienced Insurance Brokers and with over 30 years Industry expertise we can provide bespoke covers for any business in the UK and also advise on what covers are needed for New Company Business Insurance and also we offer a free service where our experts will check your current Insurance and advise where there are any missing covers or hidden clauses or excesses and it’s all free to use.
So many policies are bought as a quick fix just to obtain the correct paperwork for people to gain access to properties they want to work on but when a claim arises its then and only then they start to fear the covers they have are not correct and they panic is the policy going to pay out, with our experts we make sure you never have to worry about this again after all we are professional Insurance Brokers not merely a comparison site we make sure you are fully aware of the pitfalls of buying online are removed and you are fully aware of what your Business Insurance is covering.
To Compare Business Insurance Quotes Online:
Go to our online Quote System or call us on 0800 084 2325
