Insurance Q&A

Thanks everyone. @Kate Fairley - can I get your opinion on this one?

https://www.savvysme.com.au/article/1190-importance-of-having-public-liability-insurance

Go see an insurance broker and tell them what insurance you need. It shouldn't be too different from Uber insurance or Air BnB insurance.

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.

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.