What do you mean by “specialist” policies?
Towergate Insurance mean they provide cover beyond regular home, car and travel insurance. Towergate Insurance can still do those things but they also go above and beyond to provide cover to people with special requirements. For example, there are many houses in the UK which require specialist insurance because Towergate Insurance feature an unusual construction or they’re in a high-risk area. Many insurers won’t provide cover for these types of property at all but they have sought out policies designed to provide cover and therefore a comfort buffer for at-risk homeowners such as those living on a flood plain.
What is a broker and how do you provide your policies?
Typically, a broker will take your requirements and source the right policy from an insurer. With some of their products, Towergate Insurance will do just that (sometimes using a panel of insurers approved by them). With other products, however, they will work with a particular insurer who will provide a policy which they are confident is best for a particular purpose.
Can you cover my equipment outside of the office?
Yes, Towergate Insurance are able to offer an “All Risks” section to their office package. This will cover items taken outside of the insured business premises i.e. laptops and other equipment used for external meetings.
I work from home, do I still need an office insurance policy?
Yes. You will need to cover your business equipment if this is not covered by your home insurance. You will also need to cover your liabilities resulting from your business activities (this is excluded from most home insurance policies).
Do I have to be trading for a number of years to be able to get cover?
No, their range of insurance packages enables them to deliver the right solution for both start-ups as well as established businesses.