What To Look For

There are certain things you must look out for when buying small business insurance. Below is a quick check list:-

• Excess - An excess is the first part of every claim that you are responsible for. Usually you can reduce the cost of your insurance by increasing the level of excess.

• Sum Insured - It is your responsibility, and vitally important, to provide us with accurate information regarding the value of your assets. In some circumstances, incorrectly valuing the amount to be insured could affect your claim. If you cover your assets for less than they are worth (under-insure), you will not receive enough compensation to cover your losses. In some cases an insurer may wish to survey your premises before agreeing to provide cover.

• Policy Conditions, Exclusions and Warranties - Understanding how you are covered, is as important as understanding how much you are covered for. You should be aware of any conditions, exclusions or warranties that may exist with the cover. For example some cover is dependent on you having an alarm fitted or securing your equipment in a particular way. Full details can be found by referring to your policy wording in-conjunction with your schedule of cover.

• Know your insurance company - As part of your decision making process you should look beyond the cost of the cover and examine the potential insurance provider. It is always better to pay a higher premium but deal with an established and financially secure insurer. All of Coverzones' insurance partners are approved and regulated by the Financial Services Authority and have impressive financial ratings.

Compare business insurance quotes with Coverzones. You can get business insurance quotes or buy any one of the policies Coverzones provides now.

The Coverzones service has been designed to provide you with small business insurance quotes in a matter of minutes. Just by answering a few simple questions about your business we can compare products from the UK's leading business insurance companies to help you find the business insurance policy that's right for you. Furthermore, our service allows you to save all of your business insurance quote details in a secure account, so you need never enter them again.