What is the average premium for a decent health insurance policy for small business owners?
Preferably businesses with independent contractors as their workforce. I would greatly appreciate any comments/intros with this one.
Hi there, I'm looking for a way that I can take a "security bond" for an item that I'm renting out. Eg: I want to put my generator on Gum Tree for rent. The generator is worth $2,000 so I'd like to...
When it comes to choosing the right insurance plan for my small business, what do I need to consider? Does anyone have any guidance on this?
Find an insurance broker. They will be able to help you find the best deal. Ask for references from people in the same industry as you. Brokers tend to specialise in certain industries.
Is going through a business insurance broker worth it? What are the pros and cons of a broker versus going directly through an insurer?
I see the value in a broker more than just the best price. If they can deeply understand / compare different policy specifics beyond what you could do (or are prepared to) then the broker idea is a fantastic one.
Unfortunately many brokers are skewed to preferred networks and better commission, so it is very difficult to receive 100% impartial advice - putting you back at square one where you are better off investing in doing the full analysis and negotiation yourself.
I speak for more complex and higher risk related policies, and not everyday day standard ones when it is simply about best value.
Does anyone know which industries are thought to be the riskiest in relation to insurance?