Public Liability Insurance for Contractors

Subcontractors are perhaps the most important users of Public Liability insurance in Australia. As a subcontractor you are usually responsible for the consequences of your own actions on site, and in most cases you will more than likely not be covered by the insurance of the company or Contractor that hired you. Public liability insurance is important for all types …

A guide to hiring your first employee

So your business is getting so busy that you need a helping hand? Great stuff. Here’s a guide to hiring your first employee.Congratulations – hiring your first employee is a mammoth step in the journey of any business. It’s also a risky step. This is a new boss’s guide to minimising that risk. 1. Recruitment bias The first major risk …

Being underinsured in a ‘total loss’ property claim can have dire financial consequences. Whether deliberate or not, about 25% of property owners don’t insure their buildings for the correct replacement value.  It can however be complex arriving at the correct figure. This article explains how you can settle on accurate building and contents sums insured – without relying on guesswork. …

The big problem with your travel insurance.

Most people think buying travel insurance is a bit of a last minute, no-brainer that can be purchased via the first option that pops up on Google. Unfortunately, when claim time comes around things can start to unravel dramatically. Travel insurance is one of those products that most people think they can take a DIY approach on. However, 1 in …

Tips for a successful insurance claim

When you suffer an insurable event, the way you approach the claim from the start can make a huge difference in terms of how quickly the claim is processed and whether it’s approved, as these examples show. In the first case, the business relied on a specialised piece of equipment as a vital part of its operations. Unfortunately, one day …

What does ‘choice of repairer’ really mean?

As you’d expect, car insurance policies have a lot of complexity, whether it’s for business or personal use. This article addresses some common cover misconceptions around ‘choice of repairer’ to help you avoid unwanted confusion come claim time. With restrictions easing across most of Australia and traffic volumes up, now is the time to reassess your insurance policy and make …

How to make your home more resilient to natural disasters

Thousands of central Queenslanders aren’t considering how extreme weather could put their lives and property at risk when house hunting or renovating, a new report shows. As climate change wreaks havoc on Australian weather patterns, data shows 46 per cent of Australians aren’t thinking about natural disasters when buying a new home or renovating. The survey of 1195 Australians shows just …

Solving the underinsurance problem for small business

Many small businesses don’t have enough cover when it comes to business continuity, flood insurance and also certain speciality policies, leaving them vulnerable when they suffer a calamity. This can drastically reduce their profits or, worse, see them shut their doors permanently. Perennially flood-affected Queensland businesses know this only too well. Although Morris Peluchetti had insurance cover for his Townsville newsagency, he …

Top tips to safeguard your roof in the next storm

Roofs are the subject of a huge number of business insurance claims, especially after big storms.  Many Australian businesses have been devastated by storms so far in 2021, with Queensland hit by violent storms in March including central Queensland with major hail storms in September, the Insurance Council of Australia estimates damage from these types of storms to the eastern …

Is your business fire safe?

With the bushfire season just around the corner, the risk is only one of a host of different sources of fire. Arson is often the cause of fire and poor maintenance standards are another serious fire risk for businesses. For instance, damaged or old electrical cabling is all too often the cause of a fire, especially in older buildings.  Another …