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Landlords Invited To Talks With Government

Landlords Invited To Talks With Government

Bodies representing landlords have been invited to high-level talks with government ministers about the future of the private rental sector (PRS).

The government has proposed a ‘Renter’s Reform Bill’ that would see an end to Section 21 repossessions – so called ‘no fault’ evictions. It is now planning a white paper on the sector and National Residential Landlords Association (NRLA) chief executive Ben Beadle is among those invited to talks to discuss what the legislation might entail.

Property investors looking for a landlord insurance quote may be very interested in the outcome, as such cover can include protection against a loss of rental income from tenants who fail to pay or cause other costs to be incurred.

Discussing the meetings ahead, Mr Beadle commented that the changes the government has previously signalled represented “some of the biggest changes to the private rented sector in 30 years”.

He added: “It is therefore vital the Government ensures reforms are fair and workable for both landlords and tenants and we will be working with Ministers to make sure that is the case.”

Mr Beadle noted that one of the original proposals mooted two years ago was a strengthening of the right of landlords to evict tenants when they have a legitimate reason to do so, something he wants to see retained in any new legislation. He also called for a “tenant-landlord conciliation service” to resolve disputes.

The issue of evictions has come back on the agenda this month after the Covid-related ban on them was lifted in England.

While many tenants have been unable to pay rent due to the financial impact of the pandemic, landlords have also been unable to evict those who have failed to pay without good reason.

The NRLA has joined a number of other bodies in calling for government financial help to help both landlords and renters who have been struggling financially because of the pandemic and the consequent inability to pay the rent.

Do I Need Public Liability Insurance As A Freelancer?

Do I Need Public Liability Insurance As A Freelancer?

If you’re a freelancer, and you work with the public, with third parties’ property, or have visits from third parties at their place of work, then you should have public liability insurance. Should a member of the public get injured or has property damaged as a result of a freelancer’s work, public liability insurance covers the cost of compensation claims and associated legal costs.

The last year has changed the work lives of many people, and some, faced with the prospect of returning to the office after a year or more of working from home, are thinking of quitting their jobs to start working freelance, so we wanted to have look at what insurance you need if you’re taking your first steps into self-employment.

Unless you work in the horse riding business, there is no legal obligation to attain public liability insurance, so it is up to the individual to decide and weigh up the risks of something happening versus the cost of a policy.

Public liability insurance is typically sold in £1 million, £2 million, and £5 million cover limits, but if you’re a small-scale freelancer who does not interact much with the general public, it is unlikely you would need the highest level of cover. Cover typically starts at around £50 to £80 a year for most freelance industries, according to research from NimbleFins.

If freelancer wants to join a trade association or body, they may be required to have public liability insurance as part of the terms of membership, and it could be that certain clients will only work with freelancers if they have a policy in place.

However, it may not be required for all freelancers. If your work is home-based, you do not work directly with clients, or the only contact is through sit-down meetings, the risk of damaging property is probably negligible, and the cost of a policy outweighs the risk.

Insurance is important for a freelancer as there is less financial protection for an individual running their business this way. Unlike a limited company, a freelancer is responsible for all costs.

What is appropriate will differ for every freelancer, but it is strongly advised to look at the insurance needed for a business working in your field and weigh up the risks and cost.

 

If you’re looking for public liability insurance, talk to us today.

Contents Insurance For Renters

Contents Insurance For Renters

Looking for Contents Insurance For Renters?

 

Click Here! Get A Quote Now!

When you sign a lease on a property, it’s essential that you sort out contents insurance for renters before you move into your new home, as this will give you all the cover you need for the possessions you have in the house.

You don’t need to worry about buildings insurance as this is your landlord’s responsibility but, although your landlord will have a contents insurance policy, this will only cover the items within the house that they themselves own and provide for you, such as carpets and furniture.

 

What are the Benefits of Contents Insurance For Renters?

The level of cover you secure as a tenant is up to you in terms of the extras you feel you need, but typically speaking this kind of policy will cover you for damage as a result of fires, vandalism, theft, riots, escape of water, subsidence, storms and explosions. Always check to see if you’re covered for accidental damage, as this isn’t always included as standard.

When deciding upon the amount of cover you think you’ll need, think about how much it will likely cost to replace items.

 

Find the Best Contents Insurance For You

It’s important to be as accurate as you can where this is concerned, as if you underestimate then you’ll find that you can’t make a claim if something happens. Common items insured by those renting a property include computer equipment, jewellery, bicycles and watches.

You can take steps to reduce the cost of your insurance by investing in home security measures to reduce the risk of theft, which will see insurers lowering your premiums, as well as paying annually and choosing a higher excess.

 

Get the Right Contents Insurance for Your Rental Circumstance

Here at Just Quote Me, we can help you compare all types of insurance policies so you can find the right kind of cover for you at the best price, using our state-of-the-art comparison engine.

 

Contact us to find out more about Contents Insurance For Renters:

Go online and Get a Quote or call us on 0800 084 2325

Why Working At Height Insurance Matters

Why Working At Height Insurance Matters

Working at height is often a very necessary task, but it inevitably comes with dangers. Whether it is a crane operator, a window cleaner on a tall building, a roofer, or a tree surgeon in a cherry picker, there will be numerous occasions where working at height is necessary.

The Health and Safety Executive (HSE) has much to say about this issue and for good reason: It is the most common cause of death and serious injury in UK workplaces. The HSE defines working at height as “work in any place where, if there were no precautions in place, a person could fall a distance liable to cause personal injury (for example a fall through a fragile roof).”

As an employer, it is important to know your legal responsibilities from the outset. These are primarily contained in the Work at Height Regulations 2005, which are more precise than the nonetheless important general provisions of the Health and Safety At Work Act 1974.

While work should not be done at height unless necessary, the fact that it so often does need to be means your firm can benefit from working at height insurance. This will cover you for work undertaken in situations where people are using slings, scaffolds, platform access and various other potentially hazardous settings.

This will give you indemnity against accidents, although it is very important to be aware that this does not absolve you of the serious legal responsibilities involved. The 2005 regulations set out the responsibilities employers have to carry out full risk assessments, provide the right equipment and ensure tasks are carried out by trained and competent people.

Failures can lead to tragic consequences for accident victims and also lead to prosecutions for firms, with both hefty penalties and significant reputational damage.

It is, therefore, crucial both to be properly insured and still follow the law very closely when you have staff working in these potentially dangerous situations.

Fleets Warned Over Catalytic Converter Thefts

Fleets Warned Over Catalytic Converter Thefts

According to the RAC and Ageas insurance, catalytic converter theft is on the rise, promoted by the pandemic, as many vehicles are left unused on driveways and company premises.

Owners of both privately owned vehicles and company fleets, such as this London tax firm, have all fallen victim to the theft of catalytic converters, with thieves wanting to strip away the precious metals they are made with.

Three-in-10 of all theft claims reported are now related to catalytic converters. Before the lockdown catalytic converter theft only accounted for around one in five.

“Drivers are often oblivious of their vehicle’s catalytic converter being stolen,” said RAC spokesman Simon Williams.

“Our patrols are often called to attend cars that have suddenly become excessively noisy. On investigation, it’s very often the case that the car’s catalytic converter has been stolen.”

Part of a car’s exhaust system, catalytic converters contain a honeycomb coated with precious metals such as platinum, palladium and rhodium which help to filter harmful gases from the vehicles’ exhaust systems.

However, when the global value of these metals increases, it usually leads to a spike in thefts. Prices of rhodium hit a record high earlier this year, up more than 200 per cent since March 2020.

The RAC is recommending drivers and fleets get in the habit of taking extra precautions to guard against this type of crime.

With, most offences taking place at night, the RAC says it makes sense to park a vehicle in a well-lit and residential location or a garage if available.

 

If you’re looking for fleet insurance quote online, then visit our website today.

What Is Meant By “Deliberate Acts” In Insurance Policies?

What Is Meant By “Deliberate Acts” In Insurance Policies?

The phrase “deliberate acts” is found in many policies, particularly in public liability insurance. However, it is often important to know exactly how this applies in practice.

As a recent Supreme Court case will attest, liability is a somewhat complex part of an insurance policy and the more that is understood about what liability is and what insurance policies cover, the better.

Liability, put as simply as possible, is the person or business who is held to be legally responsible for an event or action, and therefore must face the consequences of these actions.

The most basic examples of these are the responsibility if a product causes illness or injury (product liability), responsibility for the safety of employees (worker’s compensation and/or employment practices liability), and injuries that take place on/in a place of business (public liability).

The latter example is one of the broadest types of insurance and can vary wildly depending on the type of business, whether it is public-facing, serves alcohol and other factors.

Generally, exceptions to public liability insurance are covered by other insurance types, such as property damage and employee liability. However, one key clause that is almost always exempt from liability insurance is deliberate acts.

Deliberate acts is a phrase that appears to be simple; any act intentionally undertaken by a business that they become liable for is not covered. However, it is not always that simple.

There are cases where a person or business’s inaction makes them liable, such as continuing work when it could put a bystander in danger, but this also has to be willful and deliberate.

Recklessness was not enough to constitute a deliberate act, even if this would have been the case for criminal ordinary liability.

What Type Of Insurance Does A Restaurant Need?

What Type Of Insurance Does A Restaurant Need?

Running a restaurant can be a very rewarding occupation, both financially and personally. As all UK pubs, restaurants, and other indoor food vendors prepare to reopen shortly, the owners of these types of business will no doubt be checking up on their insurance policies. Here is a quick guide to insurance requirements for commercial food premises.

 

Commercial property

If the restaurant owns the premises, then it should be covered for risks such as flood, fire, and damage from theft with commercial buildings insurance. Fires are a particular hazard for restaurant kitchens, as there may be several high-temperature appliances on the go at once, in a busy space where staff are working at close quarters.

 

Contents and stock cover

This applies to restaurants who rent or own the premises. Contents insurance provides financial protection against accidental damage, loss, or theft of equipment which is essential to operate the business. Examples include furniture, tills, ovens, and general kitchen appliances.

Stock content covers ingredients and prepared food from loss, theft, or damage, but be sure to read the small print as there may be exceptions.

 

Public liability insurance

This is essential to protect any business that deals with members of the public. It covers claims of accidental damage or injury to visitors, if the business owner is found liable. For example, if a customer trips over a loose floor tile, they may claim compensation for injuries caused.

 

Product liability insurance

This is absolutely essential for restaurants. It covers cases of food poisoning and allergic reactions in customers who have become ill after consuming food, and pursue a claim of bodily injury against the business.

 

Employers’ liability insurance

This is required by law for all workers, including casual and temporary staff. It will protect the business from a compensation claim from an employee who has been injured at work, for example.

 

If you are looking for takeaway business insurance, please contact us today!

Most Unusual Insurance Policies

Most Unusual Insurance Policies

Every business out there is unique in its own way, and when choosing an insurance policy, it is important to find one that fits their exacting needs when it comes to liability and coverage.

Some businesses, of course, are a little more unusual than others, leading to some of the most unique and bizarre insurance policies ever signed.

From the improbably to the nearly impossible, here are some of the most unusual policies ever.

 

Astroid Insurance

A meteor hitting your home or place of work is one of the more plausible possibilities on this list, but nonetheless, the prospect of an extraterrestrial object causing property damage is merely highly unlikely.

And yet, some providers will offer coverage against a meteor strike.

It should be noted that most standard home insurance and commercial property insurance policies cover falling objects regardless of their origin so if an asteroid hit your place of business directly you would be covered.

 

Body Parts

Probably the most famous type of unusual insurance policy is when celebrities insure their trademark feature, often with Lloyds of London and often for ridiculously large amounts.

This has its origins in silent film, with Ben Turpin insuring his crossed eyes for the equivalent of over £250,000, whilst Charlie Chaplin insured his waddling legs for £100,000.

By far the biggest policy in this regard is pop singer Mariah Carey, who allegedly insured her legs for $1bn in 2006 in what may be the largest individual insurance policy ever.

 

Capturing The Loch Ness Monster Insurance

Insurance policies can sometimes cover some truly ridiculous events. Whilst getting insurance for giving birth to twins or if employees win the lottery are highly unlikely, capturing the infamous Loch Ness Monster is just ridiculous.

And yet, Cutty Sark, who had offered a £1m reward for anyone who could capture Nessie back in 1971, took out an insurance policy with Lloyds of London to underwrite the contest, which was agreed under the condition that the insurance provided got to keep the captured monster.

 

The Immaculate Conception

On the subject of nigh-impossible coverage, there was also an insurance policy that covered three sisters in the event of the Second Coming.

The immaculate conception or virgin birth insurance would have paid out £1m, although after complaints from the Catholic Church the insurance was withdrawn.

UK Music Festivals Ask Government For Insurance Help

UK Music Festivals Ask Government For Insurance Help

Promoters of UK music festivals taking place during summer 2021 have called on the government to provide a state-backed cancellation scheme, The Guardian reports. They fear that a late cancellation due to a Covid surge could push them to the brink of bankruptcy. Millions of tickets have already been sold for hundreds of live events across the country.

Governments of countries in mainland Europe have already offered to underwrite live music events in case of a pandemic related cancellation. Organisers in the UK are considering cancelling events in advance rather than take the significant financial risk of a last-minute change to the lockdown rules, either because of a local or national spike of the virus.

The reopening timetable allows for mass gatherings to take place from June 21, which means that nightclubs can finally open their doors for the first time since March 2020. They are one of the few businesses that have been forced to shut for the entire 15-month period of the Covid crisis, and there is still a nervousness around planning mass events.

Even when the social distancing restrictions are lifted, there is no guarantee that a spike of the virus won’t cause sudden cancellations and huge financial losses for events organisers. The music industry has been calling for several months for the government to step in with an indemnity scheme to provide support if plans need to be changed.

There is strong demand among the public for live events, the article reports. Larger festivals such as Reading and Leeds have vowed to go ahead, but the iconic Glastonbury festival will not take place for the second year running. Some events have shifted from early summer to late August or September in the hope that confidence levels will be higher later in the year.

 

If you are looking for nightclub insurance in the UK, please contact us today.

Which Vehicles Can Be Covered With Fleet Insurance?

Which Vehicles Can Be Covered With Fleet Insurance?

Car insurance protects not only yourself but other road users as well.

It is a legal requirement to have some form of third-party vehicle insurance, which covers you if you have an accident that causes damage to property or injury to another person.

However, if you are a business that uses several vehicles to do business, it can save you time and money to set up fleet insurance.

As well as this, it is possible to have any person who holds a UK driving license and meets your insurance criteria drive your vehicles without having to be specifically added to the policy.

This particular type of insurance covers multiple vehicles in the name of the company, or any of its partners and directors.

Typically you need at least two vehicles to apply for fleet insurance, although typically fleets this small are only covered by specialists and can range into the thousands for larger commercial freight and taxi companies.

There is a wide range of vehicles that can be covered by a fleet insurance policy, but it is important to check which specific vehicles are covered under a policy that specifies “any vehicle”.

Typically, cars which are high in value and expensive to repair are more difficult to get onto a fleet policy, such as supercars and classic cars. As well as this, some providers may not cover construction vehicles such as excavators and forklift trucks.

Generally, fleet insurance covers a range of transportation-based business purposes, such as haulage, couriers, private hire and other similar needs.


Covid-19 Business Interruption Ruling

A new ruling by the Supreme Court will help thousands of business interruption insurance policyholders recover from the financial ramifications of the coronavirus pandemic and resulting closures. The ruling was issued on 15th January 2021. 
 
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