Insurance: Some things you need to know

With the credit crunch looming and the cost of every day living rising, many people are coming to the conclusion that insurance is an expensive luxury – they are wrong.

At times like these insurance is a must have. Making sure you are protected against damage, illness and theft can prove to be a huge advantage in the event that something was to happen. The only thing you need to keep an eye on when purchasing insurance is that you’re not paying too much.

These days, there are countless numbers of people who will just sign the renewal quote rather than spend some time looking around for a cheaper alternative. There are comparisons websites out there that have been created especially for this purpose and in some cases have been proven on average to save you a massive 20%.

When looking for insurance, whether it’s car, home or life, the one golden rule is not to lie to the providers. Some insurance providers have been known to ‘check up’ on their customers to make sure what they have said is true. If you’re caught you could end up paying considerably more or even lose your policy with that provider.

Also when purchasing insurance, make sure you read the small print. In some cases you may find that you are not protected for certain things that you thought you would be. This is especially true in the recent events of certain airlines going bust. Many travellers found that they weren’t covered for this in their travel insurance and ended up paying a hefty sum to get home.

In any type of insurance, there are different measures you can take to help lower your premium. For example with Car Insurance you can take the Pass plus scheme to help lower your premium by at least 1/3rd.

As I said, the best way to find Insurance is to use an online comparison site. These sites can help you out whether you’re looking for cheap car insurance or home insurance so be sure to make the most of them to help save you money.

UK Van Insurance - How to Protect You and Your Employees!

If your employees are driving under hazardous conditions then you want to be sure they are insured in case something goes wrong. If your employees are injured and they can never work again while they are under the scope of employment with you then they might just own your company by the time they are finished with you.

Always make sure that you have the appropriate coverage to take care of your employees and their families if for some reason they are injured while driving for you. The same rings true for people that your employees might run into. Things happen and people do get into accidents. If your employee is deemed at fault in an accident and responsible for a serious injury of a person or a family you need to be sure they are taken care of or they too will try and own your company.

When a company van insurance insurer offers a policy you need to be sure to read over it carefully. You might want to find a lawyer to read it over to confirm you are getting everything you need to ensure you are covered in case something tragic happens. You need to be sure the policy covers everything you need. You need to be sure there isn’t anything in the fine print about things that might not be covered that you really need.

This is why it is probably a good idea for a lawyer to look it over. Often time’s insurance companies will write the policy in jargon that is very hard to understand. You might think your policy means one thing when it actually means another and you cannot take the risk of not quite understanding something. Your insurance policy should be one of the most important contracts you will ever sign while owning your business. Take it seriously.

If you are looking for the cheapest company van insurance that you can possibly get because you don’t have much inventory and you could care less if your vans blew up because they are not worth that much money anyhow then you should at least get the appropriate coverage to take care of people if they are injured. The personal injury aspect is extremely important.

You can get the minimum coverage by law and also what you think you need for injury. You should remember that your actual coverage would be liability and you wouldn’t have collision insurance or comprehensive. This means that if you are in an accident the insurance company will take care of the other party’s car but not your company van.

Any damages that occur in the accident you will have to pay for yourself because the insurance company will not cover anything besides personal injury for passengers or people your employee hit.

Company van insurance should be taken seriously if you have a big company and a lot of inventory worth a lot of money. Pay close attention to your policy contract and have a lawyer review it before you sign it.

If you’re looking company van insurance…

Use this website for a company van insurance quote comparison to find great van insurance polices. We also offer individuals a private van insurance comparison from Britain's top panel of van insurers. Visit the experts at http://www.van-insurance-britain.co.uk

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