self employed business insurance

gavshep · 2 Dec 2009

i'm starting my own electrics and intruder alarm business and was wondering if anyone recommends an insurance company for my public liability etc etc.......................... or maybe suggests an insurance company to avoid!!!!

Any advice would be helpful - thanks

olbas · 2 Dec 2009

DIYalarms said:
A good place to start would be these guys.

Good service and a good price

http://insurance-for-business.co.uk/index.htm

Avoid like the plague

A quick buck scheme owned by British Gas.
Make their prices up as the go along.

Neither do they cover you as standard for the relevant sections specific to the Security industry.

Safest option to start looking at would be Camberford Law. And don't take their first quote either, tell them to sharpen their pencil.

gavshep · 2 Dec 2009

thanks guys - thats a similar comparison site to one i already looked at. Simply business i think it was called - both sites said finsbury insurance gave best quote so at least they showed up the same results.

thanks again

olbas · 2 Dec 2009

gavshep said:
thanks guys - thats a similar comparison site to one i already looked at. Simply business i think it was called - both sites said finsbury insurance gave best quote so at least they showed up the same results.

thanks again

Just remember, bog standard tradesman insurance is not sufficient. Contrary to what some may say.
The devil, as always, is in the detail.

olbas · 2 Dec 2009

DIYalarms said:
My Policy came up with Groupamara as the underwriter. Around £80 a year

See post above. You're looking at the wrong policy.
If only it was so cheap.
The OP wants insurance for Alarm/security industry. The one you suggest is NOT the correct one.

Atilla · 2 Dec 2009

SISS are the trade insurers - I`ll post contact details tommorow.

olbas · 2 Dec 2009

Atilla said:
SISS are the trade insurers - I`ll post contact details tommorow.

One of them. They too lie like a cheap naafi seiko.
Tried to claim minimum premium in our industry is £1k.
Took the huff when my broker told them where to go.

JimSparks · 5 Dec 2009

I went to a local indipendant insurance broker, got my insurance for £98 a year. exactly the same price as last year. They did the shopping around for me.

fattony · 5 Dec 2009

I went with simply business and groupama was the cheapest, they cover product liability as well.

You can see my policy bottom of my website (see profile) see if its what you need

olbas · 6 Dec 2009

fattony said:
I went with simply business and groupama was the cheapest, they cover product liability as well.

You can see my policy bottom of my website www.electrifire.co.uk see if its what you need

But doesn't that just cover Employers liability Tony?
What about all the various other areas needed, especially in the work you do?

fattony · 6 Dec 2009

No its £2m Public Liability, £10m Employer Liability cant remember the exact figure for efficacy think its £2m we pay around £X00

Thermo · 6 Dec 2009

have a look at directline, they were offering some very good deals when i was sorting out insurance. couldnt use them as they didnt do hired in plant, but for a no frills trade insurance they were very cheap

Atilla · 6 Dec 2009

fattony said:
No its £2m Public Liability, £10m Employer Liability cant remember the exact figure for efficacy think its £2m we pay around £400

too cheap ............. way too cheap

fattony · 6 Dec 2009

Is what it is, cant actually comment on how good an insurance company is until you need to claim

Thermo · 6 Dec 2009

Atilla said:
fattony said:

No its £2m Public Liability, £10m Employer Liability cant remember the exact figure for efficacy think its £2m we pay around £400

Click to expand...

too cheap ............. way too cheap

disagree entirely. i had about 15 different quotes when we did ours. the public liability and employers liability was the cheap part and all came in around that mark. Thats with 3 employees as well. it was the other elements that shot the price up

self employed business insurance

olbas

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Atilla

olbas

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Atilla

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