The Value of Using a Broker

An item on BBC Radio 4’s Money Box programme last Sunday focused on two homeowners who had seen their quoted renewal premiums increase dramatically, in one case by nearly 300%, because the flood risk to their homes had been incorrectly re-assessed by their insurers.  It also highlighted changes to the flood information on the Environment Agency website […]

No Employers Liability Insurance is not an Option

Employers should be mindful of not being in breach of Section 1(1) of the Employers’ Liability (Compulsory Insurance) Act 1969. This section of the act makes it a legal requirement for businesses who have employees to hold Compulsory Employers Liability Insurance.  The cover indemnifies employers against claims by employees for following bodily injury or disease at work.  It follows therefore that employees are thus protected […]

Can You Afford to do Without Public Liability Insurance?

For some businesses this question may not have any relevance, as there may be a legal requirement to have this sort of cover. This might be the case in situations where your business is supplying goods and services to your customers. If you do no operate in these particular business segments though, you may be […]

Escape of water advice for the winter

The UK weather is very unpredictable and so far it’s been a mild winter, but now the temperature has dropped, it’s important to keep pipes protected from the cold. That’s because burst pipes, caused by water freezing and expanding, account for the majority of escape of water claims we receive every winter. To help your […]

Commercial Property Market Improving

Commercial property market picks up in UK and Europe A series of surveys have suggested a number of commercial property markets in Europe are on the up. Property investors across Britain and Europe will have spent much of the last few years surveying a distinctly gloomy landscape, after the bubble burst in 2007 and the […]

Tenant’s Illegal Activities and Landlord’s Exposure

Illegal activities and organised crime has recently become a contentious topic in the property industry. New challenges are in store for landlords, where they must report any suspected criminal activity within their let properties, as per the Bill passed in the Queen’s Speech, June 2014. The new legislation puts a greater responsibility on landlords as […]

Buy to Let – Has the Bubble Burst?

Buy-to-let was a boom sector in the years before 2007 but suffered when the credit crunch hit and mortgage finance dwindled. Which way is the market going now? Buy-to-let is a sector that has bounced back strongly in recent months, alongside the overall property market. However, just like the wider property sector, questions are now […]

Benefit Changes Impact on Rent Arrears

One of the areas chosen as a test bed for the government’s planned benefits reform package is reporting a sevenfold increase in rent arrears for the period concerned, according to BBC News*. The reforms generating the problems are part of the government’s move towards a universal credit benefits system.  Essentially, this comprises a desire to […]

Web searches outperform TV advertising when buying insurance

A study* by internet marketing specialists Speedie Consultants reveals that 46% of the general public find the insurance they need by using a search engine. “This” says Jason Hulott from the company “highlights that getting search engine rankings has a better return on investment – and is a more cost-effective way of advertising.” In answer […]

The Basic Principles of Public Liability Insurance

This type of cover occasionally causes some confusion in terms of understanding just what circumstances might lead to it being required. In practice, public liability insurance might be something that saves you from financial ruin. To understand more, you might want to read some of the following key points: if someone is injured or has […]