The thing is there is quite a simple answer for this one. If you dont have business insurance then you really could get into serious money problems if someone tries to bring something against the company. If you are a small company then the first claim put against you could well be the last making the business cease to exist altogether.No insurance company is going to want to even look at insuring you if you wait until after you have been hit the first time, even if they do it is likely to cost you at least double it would have dione in the first place. Read More »

Direct Line has found that a huge number of UK based home businesses are putting thier business on the line by not having the correct business insurance. If you don’t take out the correct business insurance, you could find yourself in trouble if you are unable to trade, therefore not earning money.

Direct Line have found that around 28% of all home based businesses are not insured correctly. Read More »

We’ve all seen the adverts, whether it’s an opera singer dancing around a coffee shop, or just Peter Jones walking around a multi-storey supermarket, the adverts for price comparison websites just get worse and worse (apart from Compare The Market advert with the meerkats).

The first few price comparison sites first popped onto our TV’s a few years ago, and they mainly just compared car insurance. However, now time has passed and they’ve discovered that the common UK citizen is very lazy, these websites have opened out into other markets such as credit cards, loans, and even business insurance. Read More »

Your business’ actual workers’ comp premium is based on the yearly workers’ comp audit conducted by the insurance company. Your premium can change dramatically from the estimated premium used for your original policy.

To streamline the process, setup one person as the sole contact for the auditor. Read More »

If you’ve ever had to run a business then you’ve had to dealwith workman’s compensation insurance companies. Battling with the constant threat of increased premiums will make any business owner paranoid.

No doubt you already understand that there are things that occur in your business that can cause the workman’s compensation insurance companies to increase your premiums. Read More »