14 types of insurance – A guide to what tradespeople need to know
Tradespeople are being urged to check the small print before taking out insurance or they could be putting themselves and customers at risk. Commercial Broker Mark Herbert from ConstructionInsure.co.uk believes around half of trades do not have the right cover in place due to not being passed on the correct advice by comparison sites. Inadequate […]Read More
Have price comparison websites caused an insurance shortfall in Britain’s trade industry?
Government officials have thanked an insurance industry leader for raising concerns about the effects of price comparison websites in the UK construction industry. But officials from HM Treasury stopped short of agreeing to Mark Herbert’s demands for greater regulation of price comparison websites stating, “The Government does not prescribe the terms, conditions or price that […]Read More
Van insurance hits three-year high
Van drivers are facing annual insurance price increases of nearly a third as rising claims and fraud costs add to the pressure from compensation rules and tax, new analysis from insurance market experts Consumer Intelligence shows. Average premiums are now at a three-year high of £1,214 after prices rose 31.7% in the year to September, […]Read More
New insurance offering from Stroma Certification
Installer certification body, Stroma Certification, has announced a brand new insurance offering for its installer members providing cost-effective, flexible business protection. The new product has been developed in partnership with a leading UK insurer to provide peace of mind and quality support for businesses at an appropriate level. The core insurance product automatically includes £2million […]Read More