Insurance – Latest trends
October 15, 2014
In its most basic terms, insurance gives protection from financial losses arising from the unknown. Did you know that claiming regularly for smaller, potentially avoidable losses might lead to premium increases and fewer alternative providers at your renewal.
Our top insurance tips:
- The value of jewellery has been increasing steadily, we highly recommend a valuation of items, which you do not have a purchase receipt and / or are more than 3 years old to insure you have enough cover – the same for art, silver and collectibles.
- Building works are becoming more popular but many clients don’t realise or had forgotten to let their insurers know. This is a hugely important area due to the complex issues around liability and damage and can void a normal policy – let us know if you are planning any works.
- Travel insurance is provided by many sources such as current accounts, credit cards and company schemes so it is always good to check that you are not paying for more than one travel policy – you can only claim on one.