If you’re in the market for insurance then chances are that you’re planning to purchase a policy for the following: comprehensive car insurance, business insurance, home insurance, motorcycle insurance, public liability insurance, third party car insurance, or landlord insurance.
Things to consider when you’re shopping for the best rate small business insurance are what you’re covered for. That might sound like an obvious part of the process but often it’s overlooked. Just because you believe that your current insurance policy should cover you for things like property damage on your business premises, doesn’t mean that it’s actually covered. Check what you can claim for and adjust if necessary. Don’t wait for nasty surprises.
If you have a house insurance policy then what type is it? Is it basic coverage? It is premium coverage? What happens if you accidently blow up the kitchen? It might sound like a ridiculous scenario, and perhaps your home accidents are little less dire, but the fact that you could be looking at unavoidable kitchen remodelling instead of a small excess fee, could make the difference between financially stable and struggling.
Standout features that you should be checking on your current policy or any new ones that you’re thinking of purchasing include:
Make a list of what you’re looking for and then go out and get it. Try not to settle for the easy option because sometimes that just the harder one, only a longer journey and you can’t see the destination yet.