Day 2 – Insurance Policies
Pandemic or not, it’s always a good idea to check and revise your business insurances at least once a year, at renewal and mid-way. Do you still need all your policies? Can you reduce the cover you pay for in line with your new Covid circumstances? Do you actually need a policy that you don’t have right now?
Make sure you get at least three quotes for new policies to make sure you get the best price. See if any Covid-related risks are covered under your current policies, and also know if Covid risks aren’t covered so you’re not surprised if a claim gets turned down. Make sure you’re getting the best cover for your money. Never just renew automatically and assume you’ll get the best deal.
You can get fast quotes for business insurance on comparison websites, including this one: https://www.comparethemarket.com/ps/business-insurance/? or try an insurance broker to see if they can get you a better quote.