Archive for the ‘business insurance UK’ Category

Landlord insurance policies – loss of rental income

Thursday, August 25th, 2011

A landlord insurance policy, like every other policy, can be broken down into different parts. You get the buildings, the fixed glass and sanitaryware (baths, sinks and toilets), contents, property owners liability and loss of rental income. A few polices will offer forms of legal expenses and eviction of squatters and tenants cover.

Many insurers simply provide loss of rental income at a set sum insured, usually as a percentage of the building sum insured. The usual amount is 20%. This does not mean that you get 20%, but as long as your rental income falls within this figure, you have adequate cover.

You will need to prove the rental income that you have recently received and also how much rental income is detailed on your tenancy agreement. Usually this will be a six month assured short hold tenancy agreement.

It is more than likely that you will get a  quote from an independent property or business insurance broker, such as Businessinsure. If you go through a broker, they really should offer you the best contract for the best price, from the providers available to them. This does not mean that they offer you a whole of market quote, because they may simply not have agencies with company d, e and f, whereas they do with companies a, b, c, g, h and i.

Check that your loss of rental income cover is firstly included and secondly that it provides cover for when the premsies are uninhabitable and partly uninhabitable.

Posted in business insurance UK, landlord insurance quote, landlords insurance | Comments Off

Business and commercial insurance – getting an instant quote.

Thursday, September 30th, 2010

If you are looking for business or commercial insurance, one of your first ports of call will more than likely be the Internet. You may have read one of our previous entries, got all of the required information together and set aside 15 minutes to phone a few companies to get quotes.

The problem you will face is trying to find a company where you can speak directly to a human being. Believe it or not, this is not as easy as it seems.

Whatever your search term of phrase that you put in, you will get a list of literally thousands of websites. How do you know which one to choose? You will have a choice between putting information into boxes and then either waiting for hours for someone to call you back, or to receive an email.

We do our usual monthly test of the competition and now, you have a new breed of website. This is one where you put the information into a site, usually three or four pages worth, and then, they pass your details on to a whole range of other sites.

All you want is a business insurance quote, you do not want to spend hours and hours filling in forms and waiting for responses. There is one way that you can get what you want, when you want – speak to Businessinsure. 90% of people look for their quotes, from us, during business hours. Therefore, if you want a quote between 8.30 am and 5.30 pm, Monday to Friday, all you have to do is call. If we can do an instant quote, you will have this emailed, posted or faxed within minutes. Anything more complex and it may take a few hours for us to do this. But, whilst we do not offer guarantees, we are fairly certain that bu phoning us and speaking to a human being you will not only get a better, more personable, service you’ll also get a competitive quote.

Posted in business insurance, business insurance UK, business insurance broker, business insurance cost, business insurance quote, business insurance quotes, commercial insurance | No Comments »

UK business insurance

Friday, September 24th, 2010

In 2010, we live in a vastly different world than even 2000, as far as the business community is concerned.

No longer does a small business have to crack it’s local market over a number of years, before venturing overseas. If you are a retailer and have a computer, broadband and a phone, you can trade anywhere in the world from a UK base. The only restriction you face is the different time zones, but a decent web site, with ordering, can easily take care of that.

But what about financial services? Can you sit here in the UK and purchase an investment product from a business based in, say Australia? Not really. International borders, as far as financial products, still exist. If you trade from the mainland, then you will need to get insurance protection from a UK business insurance company.

Even within the EU, were as we know borders do not really exist for people, as far as buying financial products, it is nigh on impossible, and this is not because of the language barriers. Different countries have different laws and here in the UK, if you need to get commercial insurance, you must get this from a company that is authorised and regulated by the Financial Services Authority. Huge multi-nationals are slightly different, as they may buy different products for different territories. But, in the main even if you trade in the UK, and sell worldwide, you will still need a policy bought here.

This does not mean that you are losing out, UK insurers are, believe it or not, much more efficient than they used to be. This is of course a continuous journey for them, but they do offer competitive prices, when you consider the potential risks that they face.

Posted in UK business insurance, business insurance UK, commercial insurance | Comments Off