Category: Business Insurance

Professional Indemnity Insurance Guide

Tuesday, July 13th, 2010

Professional Indemnity insurance protecting your professionalism?

Professional Indemnity insurance (or PI Insurance) protects your business the financially loss and often reputation damaging claims from dissatisfied clients and suppliers.

Some of the dangers faced by businesses without Professional Indemnity

• Negligence: or breach of duty of care
• Intellectual property: unintentionally infringing on others’ copyrights, trademarks, broadcasting rights, any act of passing off
• Loss of documents/data: damaged, lost or stolen data and documents belonging to your clients
• Dishonesty: liability arising from the theft of your clients’ money

Professional Indemnity insurance protection your business?

It will cover you if you make a mistake in the professional services you have provided that leads to a dispute with a client. If the dispute becomes complicated and nasty, the policy will provide legal cover. Even if you lose, the Professional Indemnity Insurance will cover you for any damages you then become liable for, up to the policy limit

Professional Indemnity Insurance will also cover the cost of rectifying any mistake on your part, thus avoiding a larger claim being made. Fixing a problem before it becomes an even bigger problem is simple common sense.
Businesses are also protected if you lose or damage any clients’ documents in your care or if one of your employees are involved in the theft of a clients’ money.

Compare Professional Indemnity Insurance

Professional indemnity insurance provides valuable cover to any business providing professional advice to clients. Compare quotes quickly online from leading insurers with CompareCrazy.com

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Finding a property to let

Monday, April 26th, 2010
compare landlord insurance

Compare Landlord Insurance

If you are a landlord looking to extend your property portfolio, experts advise you look locally and use the knowledge you have about an area to decide on any property investment.

Before purchasing your next property investment ask yourself


  • How many properties are there like yours on the area? If there are a lot of vacancies around, your property will have a lot of competition, and that’s not good for rent prices.
  • Is your area hot? Or are people moving away. Popular areas draw tenants, which is good for rent prices.
  • Are there any special risks about the area, is the area known for flooding or subsidence? If so it may be advisable to enquire about the availability and cost of landlord insurance

The easiest way to assess where supply meets demand is to simply look at what other properties in your area are renting for. A local estate agent can tell you what other similar homes have gone for recently.

Landlord insurance quotes can be compared for properties in risk areas including subsidence affected properties and property in flood area at CompareCrazy.com

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Landlord Buildings Insurance premiums increase

Tuesday, April 20th, 2010
Landlord Buildings Insurance

Landlords Buildings Insurance

Over the last year the average landlord buildings insurance premium has increased by 13 per cent, according experts.

The average landlord buildings insurance has increased, one of many bills to have increased sharply over the last year, even though property prices have fallen in recent years.

Why if my property is worth less has my landlord buildings insurance risen?
Buildings insurance is calculate by working out the “rebuild” cost of a property, usually ignoring the market value. This cost has increased over the last year, according to the Royal Institution of Chartered Surveyors (RICS), which provides most insurance companies with their building cost information.

Although these costs have started to fall in recent months, however, as the crisis in the construction industry causes building firms to reduce costs many landlord building insurance companies are still reeling from the cost of flood damage caused in 2007

Landlords looking for buildings insurance are urged to compare landlord building insurance premiums and challenge renewal quotes

Cheaper landlord buildings insurance premiums would be one of the few silver linings for landlords, who have been hit by collapsing property values and rising legislative burdens.

Read more about Landlord Liability Insurance

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