There are many things you can do when it comes to shaving off
the cost of your home insurance, one of the biggest factors
when it comes to making huge savings is who you choose to go
with and how you choose to look around for the deal.
When looking for the best deal you shouldn't just take the
price of the policy into account, also look at factors such as
the level of after care service which the company offers,
whether or not they offer any online services such as the
ability to chat live with an advisor, or free phone telephone
numbers on which to speak to an advisor.
The next factor you should take into account in order to reduce
the amount you pay for your insurance is to offer to pay more
for the excess. The excess you pay is the amount that you have
to pay before the insurance company will take over. If you
going to pay more for your excess then it is in your best
interests to make sure that you keep money aside in order to
cover this if needed. Of course this is the gamble you have to
take if you choose to save money this way from your premium.
If you have other insurance polices and they are ready for
renewing then consider going with the same company for all your
insurance needs. For example you can often take your car
insurance along with your home insurance from the same company
and by doing so not only make great savings but also just have
the one company to deal with when it comes to making payments.
Making safety improvements to your home can also help you to
save money when it comes to taking your home insurance. If you
install the latest and approved alarms to your home then this
alone can help you to get cheaper home insurance. Sprinkler
systems, fire alarms and other safety measures all add up to
you getting your premiums cheaper.
Getting home insurance doesn't have to be costly.
About The Author: David Thomson is Chief Executive of
BestDealInsurance (http://www.bestdeal
independent specialist broker dedicated to providing their
clients with the best deal on their home, motor and life
insurance.
Please use the HTML version of this article at:
http://www.isnare.
Tuesday, June 26, 2007
Making Savings On Your Home Insurance
A Guide To Business Insurance
If you have a business, then it is important to get the right level of insurance to protect your business interests. Without the proper level of insurance your business could be in serious trouble if anything unexpected should happen. Here are some tips about how to get the right business insurance for your needs:
Required by law
There are a number of types of insurance that businesses must have by law. The main type of insurance that is legally required is employers liability insurance. This type of insurance protects you from any claims that your employees might make for accidents or sickness that they suffer whilst at work or as a result of work. Some businesses are not legally required to have this insurance, but if you have insurance then it makes sense. If anything should happen to any employee you could be hit with a massive compensation bill if you are uninsured.
Another insurance that is often required is motor insurance. If your company has any vehicles then you are required to get at least third party insurance to cover any damage to property or other people. It is usually advisable to get comprehensive insurance for your vehicles in case they are damaged or stolen. Although it costs more, it could save you a lot money in repair bills.
Liability insurance
If you are selling products to the public or have a large number of non-employees using your business premises, then you should consider public liability insurance. This type of insurance will cover you in the event that anyone is injured by your product or hurt at your business premises. The cost of this insurance will vary depending on what products you sell and the size of your premises
Building insurance
If you have dedicated premises for your business, then you need to make sure that the building and its contents are insured. If you rent the building then the landlord should be insured for the property, but you need to make sure that the contents are fully insured. If an accident should occur and you do not have adequate cover then you could lose money.
Key man insurance
A business relies on its key employees to make it successful, so you should think about insuring yourself and other top employees against health problems or accidents. Getting health insurance for your main employees will not only make sure that they can get back to work as soon as possible, it will also give them a sense of belonging to the company. If the type of work you are involved in has the potential for accidents to occur, then getting adequate insurance to cover this is important. Obviously working on a building site is going to lead to higher premiums than sitting behind a desk.
Reducing your premiums
Reducing your premiums is a good way to save money for your business. The best way to reduce the risk for the lender and so reduce the price of insurance is to make your business a safe and secure one. Make sure that security systems are up to date, and that health and safety procedures are adhered to.
Using a broker
The easiest way to obtain business insurance is by using an insurance broker who has expertise in your particular business area. They will be able to help you find the right insurer for your needs and get you a good deal.
Peter Kenny is a writer for The Thrifty Scot, please visit us at http://www.thriftyscot.co.uk/Insurance/Car_Insurance.html and http://www.thriftyscot.co.uk/Insurance/life-insurance.html
