Public Liability Insurance

As a busy Perth business owner, you may not dedicate too much time to thinking about your insurance and simply go into auto-pilot with renewing the same policies each year. Although you may want to take advantage of the various insurance packages out there, you probably simply not have enough time! If this sounds familiar, it’s time to contact an insurance broker to do the heavy lifting for you. Let’s take a look at the different ways an insurance broker can support your business. Identify your risks Every business has a unique set of risks and your insurance package should cover as many of these as possible so you’re protected financially. An insurance broker will analyse your business to identify your areas of risk, including things you may not have thought of previously. They’ll then be able to develop a personalised insurance solution for your business so you can be confident that you’re covered. Ongoing advice Whether you have a quick question about your policy or nee

If you’ve taken the plunge and purchased that investment property – congratulations! Property continues to be a great investment and you have the added bonus of rental income. But hang on a minute, do you have the right insurance in place to protect the property? If you’re wondering what could go wrong in your rental that would warrant insurance, the answer is, well, plenty. Today, we’ll be looking at the most common situations that landlords face where you’ll be very happy you have the right cover in place! Rent default Even if you have awesome tenants who are usually reliable, there may be situations where they’re unable to pay their rent for an extended period of time. This sudden loss of income can have a serious impact on your finances. That’s where your landlords insurance comes in as it will cover you for a range of loss of rent scenarios, including financial hardship of a tenant. Water damage If there is water damage to the contents of the property, your landlords

When you’ve put so much time and effort into your investment property, it’s little wonder that you need to have the right insurance in place to protect it. From water damage and vandalism to rent default and accidental damage, there are quite a few things that can go wrong! With that in mind, today we’ll be looking at steps you can put in place to reduce the chance of having the make an insurance claim. Keep up maintenance The most important thing you can do to avoid having to make a claim for your investment property is to keep up with all of your maintenance. This can avoid small issues becoming bigger issues and potentially causing damage. For example, you can avoid water damage by servicing your hot water system regularly and fixing any issues such as leaking taps immediately. Keeping your gutters clear and keeping trees cut will also protect your property during storms. Protect your tenants Your investment property insurance covers the liability to your tenants if the

Public liability insurance is one of the most well-known forms of business insurance and this is for good reason – it protects you against claims for damages which may otherwise be financially crippling for your business. Given the importance of liability insurance, it’s good to get a bit more in depth information about this policy. Today, we’ll be taking a closer look at what you need to know about public liability insurance. What is public liability insurance? Public liability insurance is designed to protect you financially if a third party makes a claim against you in the event of damages which have occurred as the result of your actions at work. This could include damage to property or injury to a third person. Your liability insurance will also cover legal costs associated with hiring a lawyer during the claims process. Why do I need public liability insurance? If you find yourself at the receiving end of a successful liability claim, you could be responsible for a n