In times like these when business profit can be hard to come by it can be an easy option to save money by cancelling your business insurance. This, however, could be a costly mistake.
Whether you are a self employed tradesman, a shop owner, an office manager or even a restauranteur, not having adequate insurance cover could lead to financial trouble or even the end of your business. An underinsured claimee can end up in court facing huge costs and litigation – whereas an insurance policy to cover you against such headaches can start from a very reasonable price.
Here are some of the covers you may need (including legally obliged ones such as employers liability):
Buildings cover and contents – essential to provide cover against fire, theft or damage
Money and personal assault
Public liability – to protect you from legal proceedings should some one be injured, or their property damaged, whilst on your property or from your carrying out of your work
Employers liability – this is a legal requirement for employers and covers you against injury or losses incurred by your staff
Commercial legal expenses
Business interuption – an addition to your policy that can protect your income should accepted perilsnprevent you from carrying out your business
An example of just how cheap a basic policy can be could be a £1m public liability quote from Think Insurance for a Builder – our price for this occupation can start from as little as £68.00!
So what are you waiting for? Call us today to see how much you can save!
Think Insurance can provide you with a cheap insurance quote today, whether you are looking for a motor trade, home, taxi or commercial insurance policy, leave your details and we will contact you.
Think Insurance – Quality, Service and Price