by jqm | Mar 22, 2018 | Cyber Liability Insurance
Cyber-attacks can happen to any business, big or small, and while cyber insurance can’t protect you against them, it will help you financially. Cyber insurance can keep your business afloat should you be the victim of a data security breach, cyber-attack or similar.
Technology has become entirely integral to how almost every business operates. Your operations, systems and more are probably connected to the internet in some way. Almost all businesses store at least some files online. Every online resource you use has the potential to be compromised by cybercriminals. While this can sound daunting, it doesn’t need to, with the right security plan in place. Your company’s security plan must include protection against cyber-attacks, best found in the form of cyber insurance.
What is a Cyber Insurance Policy?
Cyber insurance, sometimes called cyber liability or cyber risk insurance, exists to help your business mitigate the cyber risk exposure by offsetting costs that come after an attack. It also helps financially during the recovery period. Cyber insurance may cover many different things but the main elements of a policy are usually:
Investigation
Forensic investigation is essential after a cyber-attack and this is a costly process. Your policy will cover this investigation and help ensure the results are found and can be used to prevent further attacks
Business Loss and Interruption
Your cyber insurance policy should cover you against financial loss due to the cyber-attack. This could be financial losses due to downtime, management of the crisis and repairing reputational damage.
Customer Privacy Support and Management
If your customer’s data is compromised, you need to keep them in the loop and support them. You will need to notify them, and you may need to provide credit monitoring. This is especially important if your breach has seen their private financial credentials compromised.
Compensation and Extortion Costs
You may find third parties claim for compensation against your business in the event of a cyber-attack. You may also fall victim to a ransomware attack where the cybercriminals extort money to release your data or system. In each case a comprehensive cyber insurance policy should provide the cover you need.
Cyber Insurance at Just Quote Me
Work with us at Just Quote Me to find the best cyber insurance policy for your needs. This kind of policy is available for businesses of all sizes. Our friendly and knowledgeable team are on hand to help you find the best cover for your business.
by jqm | Mar 8, 2018 | Home Insurance
Thatched cottages and similar properties are highly sought after and wonderful to live in. However, this kind of home does come with added risk and you need specific and specialised thatched home insurance for peace of mind and to protect your property. News stories appear every month of devastating fires in thatched homes, and should the worst happen, you want your financial investment protected at the very least.
Specialist Thatched Home Insurance
Thatched cottages and houses require specialist insurance focused on the thatching itself. Thatched roof and thatched home insurance will focus on protecting the property against fire, storm and accidental damage. Some policies may also protect against flooding.
A thatched home insurance policy will also include everything you would expect from a regular home insurance policy such as building and contents insurance. You may find slightly different terms due to the specialist nature of your property, but you can look at these before settling on any policy.
Buildings and property owners’ liability insurance may be something else to consider. Some policies incorporate this, and it protects against things such as subsidence, debris removal charges and surveyors’ fees.
Thatched Roof Insurance
The focus for thatched home insurance is of course the thatching of the roof. Specialist insurance is almost always needed for these homes. Thatched homes are “non-standard” which means they usually cannot be covered in a standard home insurance policy.
The evident and clear risk of fire increases with a thatched roof. Similarly, the re-build costs should a fire occur are also higher.
Owning a thatched property comes with additional costs and unfortunately higher insurance premiums is one of them. Investing in this kind of property is a risk but for many it’s their dream home, so this is completely understandable.
Many thatched properties are also classed as listed buildings. This again may increase their premiums because of their significant historical interest. Knowing all of this before you invest in a thatched property helps avoid any unwelcome surprises further along the way.
Specialist Thatched Home Insurance with Just Quote Me
Just Quote Me employs a team of insurance specialists. We work with many different types of homeowner to secure the best insurance for every customer. The quotes available for thatched properties are less than standard homes. However, there is still plenty of scope for choice and finding the right policy for your property. Contact us today to find out more.
by jqm | Mar 1, 2018 | Car Insurance
As a classic car owner, it’s likely you have a real passion for vehicles and you should want to keep them safe. As the owner and driver of a classic car (or several) you want to treat your luxury vehicle with the respect it deserves. Classic cars need specialist insurance to protect them against damage in accidents or similar. Classic car insurance is not a one size fits all option, but it can be tailored to your car’s requirements.
Defining Classic Cars
Classic car insurance is specific to a certain type of car. Typically, premiums are lower than standard car insurance but only on cars which are defined as classic. Insurers define classic in different ways. Usually a classic car will need to be at least 15 to 20 years old and must retain some monetary value.
Some insurers define classics cars as those who have an owners’ club dedicated to them, but this isn’t always the place.
Comparing Classic Car Insurance
Accurate comparisons of classic car insurance are difficult to find. At Just Quote Me we will work with you to find the best quotes suitable for your vehicle. Classic car insurance policies are typically tailormade to suit the owner and the vehicle, but you should expect the following types of cover:
- Authentic replacement parts: your cover should allow for the purchase of authentic replacements during repairs
- Value alteration: classic cars change in value over time so the policy should reflect this and allow you to update it as required
- Laid-up cover: some classic car insurance policies will incorporate an easy option to switch to “laid-up mode”. This allows you to easily keep your car insured if it in storage or off the road long term.
Classic Car Insurance with Just Quote Me
Just Quote Me work with car owners from all walks of life. We appreciate the love and care that goes into owning and running a classic car and will work with you to find classic car insurance to suit your usage and your vehicle. Contact us today to discuss your options.
by jqm | Feb 26, 2018 | Business Insurance
Data Protection in the Workplace Online Course
Data Protection in the Workplace If you or your organisation handles personal information about individuals you have legal obligations to protect that information.
The benefits of good data safety are numerous and include, good business practice, the protection of people’s rights and the protection of your organisations reputation.
In recent years some companies and individuals have experienced serious legal consequences for data protection breaches and this highlights why it is so important to get it right. Training should be a vital part of any company’s data protection policy.
Duration Of Our Data Protection in the Workplace Online Course
Duration: 80 minutes
(Note: This is based on the amount of video content shown and is rounded off. It does not account in any way for loading time or thinking time on the questions).
Free Trial or Buy
GDPR – £35
What You Will Need
Operating System: Windows 7+ or Mac OSX (10.8+)
Browser: A modern and up to date web browser
Video: Up to date video drivers
Memory: 1Gb+ RAM
Download Speed: Broadband (3Mb+)
by jqm | Feb 22, 2018 | Professional Indemnity Insurance
If you work in a business where your advice or expertise is key, you should be confident in your abilities. However, mistakes are possible and when they do occur they can be costly. Professional indemnity insurance helps to protect you should your client suffer monetary loss due to your work for them.
What exactly is Professional Indemnity Insurance?
Professional indemnity insurance is important if your business or professional service is key to your business. It protects you against compensation claims and legal fees should a client suffer financial loss due to negligence in your advice or work.
Do I have to have Professional Indemnity Insurance?
Professional indemnity insurance is not a legal requirement. However, in many industries it is essential to become a member of a professional body or to suit professional regulations. Business owners working in consultancy often aren’t required to have this type of insurance, but it can be essential should a claim occur. Other sectors that should seriously consider professional indemnity insurance including tutors, freelance recruitment professionals, designers and personal trainers, for example.
How Much Professional Indemnity Insurance do I need?
Assessing how much cover is necessary is essential before agreeing to any policy. The amount of cover you need will depend on your business activities and the nature of your business. This is one of the more difficult types of insurance to gauge the premium amount.
Each business owner needs to look at the potential financial damage possible should there be a claim. This can be difficult to work out and it means each policy needs to be uniquely tailored to the individual and the business. Too much cover is less of a problem than not enough. Keeping this in mind can widen your options.
Just Quote Me specialise in insurance for businesses. We can discuss your specific requirements and connect you with professional indemnity insurance providers to suit your needs. Contact us today to get things started.
by jqm | Feb 15, 2018 | Cyber Liability Insurance
The internet has changed the way the world works. Businesses like Just Quote Me wouldn’t be able to function in the same way without it but it does open companies up to additional risk. Any risk is something a business needs protection against and cybercrime and attacks require comprehensive cyber liability insurance for peace of mind in business.
Evidence suggests that the cost of cybercrime will hit a staggering $6 trillion by 2021 and this isn’t just a cost for large businesses. Companies of all shapes and sizes are at risk of cyber attacks and should have the right cyber liability insurance in place to protect them.
Handling the Threat of Cybercrime with Cyber Liability Insurance
There are a wide range of potential risks if your business experiences a cyberattack. Threats include:
- Security breaches which lead to financial or data theft
- Denial of service attacks which lead to loss of access to your online portals, files and/or software
- Damage to the company or third-party systems and websites
All of these types of attack come with costs, both to reputation and in financial terms. You may have to face data recovery costs, client compensation costs and other associated outlays which very few businesses can afford without difficulty. Managing the costs of cybercrime can be avoided if you have the right insurance in place and protect your business appropriately.
Cyber Liability Insurance with Just Quote Me
Cyber liability insurance providers recognise businesses of all sizes are at risk from cybercrime. This means there are policies to suit businesses of all sizes and types. Businesses who are heavily reliant on the interest such as e-commerce stores, may require a higher level of cover than those who simply maintain a small website. It is important to remember this insurance is important whether you’re a frequent web user or not. Your business’ online presence requires protection just as much as it’s physical premises.
At Just Quote Me we have many years’ experience in specialist insurance. Growing as the internet has grown we recognise the growing risks of business online. We can work with you to find the right cyber liability cover for your business.
Contact us today to get your free quotes.
by jqm | Feb 8, 2018 | Business Insurance, Business Insurance Blog, Cyber Liability Insurance
Many small businesses owners believe cyber attacks won’t happen to them. Hackers, cyber criminals and other online fraudsters only care about big business. This is far from the truth. No company of any size can afford to ignore the risks of cyber-crime. Your business needs to take cyber-crime seriously and you need to consider cyber insurance for your business.
Cyber attacks take place every four seconds in the UK, according to ONS statistics, and there are millions of computer crime attacks reported every year. Cyber-crime can result in monetary loss for your business, downtime which can affect income and serious reputational damage. Cyber insurance will help protect your business financially should an attack take place.
Cyber Insurance for Businesses
This type of insurance will provide financial protection should a cyber attack affect your business. There are policies at all cover levels scalable to the smallest businesses, as well as much larger companies. Your cover will depend on the quote you accept but it should include:
- Data breach protection
- Cyber liability compensation claim cover
- Business interruption cover
- Downtime/business losses cover
- Hardware and data repair cover
All policies also incorporate forensic investigation and IT support, allowing for a closer look at what has happened. This type of insurance is incredibly specialist and can be daunting if you have little or no experience of IT and computer-related issues. It is easy to ignore cyber-crime, but if it effects your business, you won’t be able to.
Cyber Insurance with Just Quote Me
Just Quote Me operates a lot of its business online so we know just how important cyber insurance is. Even single-person businesses shouldn’t think they are immune to cyber-crime. Our experienced insurance experts will work with you to find suitable quotes. You can then explore your options and find the right level of cover for your business.
Please get in touch with us today to discuss your business needs and to go over your cyber insurance quote options
by jqm | Feb 1, 2018 | Care Home Insurance
All health and social care businesses need insurance cover. Running a care home efficiently and responsibly is not possible without care home insurance. What types of cover should be part of your care home insurance cover? This will vary from business to business but below are just some of the most popular and in some instances compulsory types to consider:
Employer’s Liability Insurance
Employer’s liability insurance is not a choice for any care home business that has even a single employee. It covers you as the owner against legal action or claims made by employees and ex-employees relating to accidents and injuries in the workplace. Compensation claims can be very expensive. UK law requires all businesses to have employers’ liability insurance to avoid costly fines and penalties.
Medical Malpractice Insurance
Less common but a consideration for care environments. Nursing and medical care involves judgement and it is possible a resident or their family may disagree with your judgement. If they choose to make a claim on this basis and claim there has been medical malpractice, you will want specialist support to protect your business and your staff.
Buildings and Contents Insurance
If you own your care home premises, then you need to ensure you have the appropriate business and contents insurance for it. The contents insurance covers the fixtures and fittings, as well as furniture, office equipment and any specialist stock. Contents insurance will also cover medication and medical equipment.
Public Liability Insurance
Public liability insurance is a key element of nearly every insurance policy. It protects your business should a third party, such as a resident or one of their family members, take legal action against your business. This could be because of an accident or injury or due to damage to their property. In a care home environment there are many people coming in and out regularly, raising the risk of accident and injury.
At Just Quote Me we work with businesses of all sizes. We can help arrange care home insurance for your business today, just get in touch.
by jqm | Jan 31, 2018 | Builders Insurance, Business Insurance Blog, Roofers Insurance
Working in construction is one of the most high-risk occupations and this increases further when you begin working at height. Roofers are a prime example of workers who put themselves in high risk positions every day. The unique nature of this role means insurers offer specialised roofers insurance for your peace of mind and safety. Many insurers offer a select range of different covers under a single policy for your convenience too. At Just Quote Me we can provide a range of roofers insurance quotes to give you plenty of choice.
Arranging your Roofers Insurance
You may or may not know the type of insurance cover you need within your roofers insurance policy. Most roofers will want their cover to include:
- Public liability insurance: the key type of insurance for most businesspeople. Public liability insurance protects your business against the costs of a claim made by a third party. Whether they claim they were injured due to your work or that their property was damaged.
- Employers’ liability insurance: this type of insurance is the only compulsory kind in the UK. If you have a single employee, even on a casual or temporary basis, you must have employers’ liability insurance. It provides financial protection when an employee or ex-employee makes a claim of injury or illness due to working for you.
- Tool and machinery insurance: the equipment used in your every day work can be expensive and if it is damaged or stolen, your business it at risk. Tools, plant and/or machinery insurance provides financial compensation should either theft or accidental damage occur.
- Personal accident insurance: the high risks of working at height as a roofer make personal accident insurance a popular addition to roofers insurance policies. It will provide financial cover for lost earnings and medical costs after serious injury.
The types of insurance relevant to your business will be unique. Furthermore, you must consider other elements of the business too. Some contractors may want to look at more comprehensive policies for a wider range of construction workers. Sometimes it seems like investing in additional insurance cover is just another way of spending valuable business capital. However, if a claim is made against you, you’ll be happy the cover was in place.
Roofers Insurance with Just Quote Me
At Just Quote Me, you will deal with our specialist insurance advisors from day one. All advisors are dedicated to finding the best quotes for every client. We regularly work with construction companies and individuals providing a choice of insurance options for them. This includes many high-risk workers, such as those looking for roofers insurance. We appreciate every business has individual needs and can discuss your requirements before looking at quotes if you simply request a call back. Alternatively you can contact us directly through our website.
by jqm | Jan 29, 2018 | Builders Insurance, Business Insurance, Scaffolders Insurance
Working at height makes any job high risk and this is especially through or scaffolders. Working at height presents many risks and this is why specialist scaffolders insurance is recommended. Scaffolders insurance can be made up of a range of different covers, protecting you against different potential risks and claims. Many insurers allow you to build your own policy dependent on your needs, all under a single premium.
What does Scaffolders Insurance include?
One of the most important types of insurance for scaffolders is public liability insurance. It helps protect you and your business should a third party (such as your customer) be injured or their property damaged due to your work.
Scaffolders who employ others even on a casual or temporary basis need employers’ liability insurance. This is a legal requirement and there are hefty fines possible if you do not have adequate cover for your employees. It will cover any claim from an employee or ex-employee. Without this insurance in place you are breaking the law if you employee even a single individual.
Considering the high-risk nature of scaffolders’ work, you may also want to consider personal accident insurance. It’s a type of cover all construction workers consider. It will cover medical costs as well as loss of earnings which come after a serious injury. No one wants to think about the worst happening but when working at height is key to a profession, it is prudent to do so.
Scaffolders Insurance with Just Quote Me
Just Quote Me specialise in helping professionals and businesses find the right insurance for their needs. This includes many in the construction industry, such as scaffolders. We work with you to find affordable scaffolders insurance quotes, offering a range of options to suit various budgets, business sizes and circumstances. Fill out your Quick Quote form today or request a call back from our specialist advisors.
