Monthly Archives

October 2015

Business Insurance, Insurance Policy

Ultimate Guide To Small Business Insurance For Freelancers

If you’re a freelancer, we would like to ask you a question. Do you have business insurance? In many cases, the answer to that will be a straight ‘no’.

It’s understandable why. When you are working for yourself, it’s necessary to have as much of your money available to grow your business as you possibly can. And, there doesn’t seem like much point in throwing your profits at insurance, which you don’t think you will ever need.

But, perhaps you should think again. Here are several types of insurance you might need – and why they are so important.

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General liability insurance

No matter how careful you are, an accident can always happen. Whether it’s in the car while driving to a meeting, or even a fall in your home office, they can have a dramatic effect on your work. And, let’s not forget, accidents can also happen to your customers. To give yourself the protection you need, make sure you have a robust general liability insurance plan in place. You can also think about professional liability, which will protect you against claims of negligence. These two insurance plans are the most basic coverage you can get for your business, and they are necessity. Nobody knows what will happen in the future, and you have to be covered for anything.

Renter’s insurance

Renter’s insurance is necessary for anyone that works from home or rents out an office. Most small businesses fall into this category, but surprisingly few have sufficient cover. It will protect your business equipment from fire, theft or natural disasters. Don’t scrimp on this – for many small businesses, their equipment is the tools of their trades, and they can’t earn a living without it. Why risk it all for a small monthly fee?

Health insurance

As a freelancer, health insurance is one of the most important things to investigate. Medical care is expensive – that much is clear to everyone. And, if you don’t have the cover, you are going to take a severe hit in the pocket, as well as missing out on available work. There have been plenty of horror stories about freelancers not having the right medical cover. Don’t become one of those stats.

Disability insurance

As we have said before, accidents happen. And, sometimes they can be life-changing. But it’s not just accidents that can take you away from your work, it’s illness, too. It only takes a small trip or fall, or a scary diagnosis from your physician, and your life could change dramatically. So, don’t underestimate the act of putting some money away in disability insurance plan. It could be the only thing you have to help you through your recovery period.

Life insurance

Of course, the inevitable will happen to all of us one day. But what if it happens a little sooner than we thought it would? The chances are that we won’t care at all, but what about our loved ones? Make sure they have something to fall back on when you leave the mortal coil.

As you can see, insurance is there for a reason, not just to irritate you each month. Always read the small print, of course, to ensure you insure with the right plan.

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Insurance Policy

How to File an Auto Insurance Claim in 8 Easy Steps

Most people that drive will at some point in their driving careers have bump, scrape or a full on smash, it’s just an inevitable part of life as more and more people take to the roads. If you have been in an unfortunate event like this it can seem like an absolute nightmare, not only have you got to file a claim but then you have to get your car fixed and then wait for it to be repaired. It can majorly alter your normal daily routines.

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However, filing for an auto insurance claim is actually a piece of cake and we are going to show you how to find cheap auto insurance  &  what you need to do in 8 steps.

Step 1. Exchange Details

The first step is simple, you will need to get the other drivers details and take photos of the damage. Get their name, number, address, registration, and make/model of car.

Step 2. Notify the Police

In some cases you may need to notify the police in order to file a report, depending on the damage, severity of the accident and general situation.

Step 3. Get Your Information Together

The very first step you will need is to have the following information ready to hand over to the claims advisor:

Your name and policy number

Details of the accident

Details of the third party that was involved

Your driving license and registration number

Step 4. Filing the Report

Once you have all the information at hand you need to phone your insurance provider to report what has happened. Ideally you want to do this as soon as you can so you don’t hold up the claim, and once you get through to an advisor you will then be asked a series of questions and given a case number that will be assigned to a new case for you.

Auto-Insurance-from-Cost-U-Less-saves-you-money

Step 5. Taking Your Car In

The advisor will give you information on where you need to take your car for a damage inspection, during this inspection a local garage will provide you with a quote and then you must check to see what costs you will have to pay (over your compulsory excess).  Be prepared to make an initial payment at this point.

Step 6. Hearing from the Third Party

By now the third party will have also reported the incident to their insurance company, and this is where the case goes easy or becomes hard. Often people will try and lay the blame back to the other driver to avoid any hits on their car insurance quotes next time it’s up for renewal. Its important that you put together as much information as you can in order to defend your case if this happens.

Step 7. A Court Hearing (Optional)

If the case doesn’t get solved at step 6 then you may have to attend court in order to fight the case in your favour. If you have legal aid covered in your policy then you will be given a solicitor free of charge to help you put a case together. If you haven’t got legal aid covered then you will have to pay these fees outside of your policy.

Step 8. The Resolution

If the other party admits to the fault, or if you have admitted to the fault then the process is straight-forward and the claim will come to a final resolution where your policy will be unaffected and any costs will be repaid..