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Financial Risks as a Commercial Property Owner

When you own a building that is intended for commercial use whether it is occupied as one commercial space, a multitude of businesses, mixed residential or unoccupiedu2026that building is your responsibility as landlord to insure. Commercial Property Insurance doesnu2019t just cover the building but your insurable risks within it. For example, are you aware that if a member of the public gets injured by a fixture or fitting on the building or supplied by you then you as the landlord is financially liable?

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Financial Risks as a Commercial Property Owner

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  1. Useful Tips for Renewing Your Van Insurance in Ireland Your van insurance is due for renewal and you’re wondering to yourself – how to insure a van in Ireland quickly and affordably? AsIreland’s trusted van insurance brokers, we urge you to take some time to research your options to ensure you are benefiting from the recent sharp reductions in premiums onvan insurance. Over the last couple of years,van insurance in Irelandhave been on the decline with almost 90% of motorists being offered a lower quote compared to a year ago. So don’t simply ask: “how to insure my van”? Ask: “how to insure my van whilst paying a lower premium?” We’re glad you asked. In this post, we share some useful tips to follow whenrenewing yourvan insurance in Ireland.

  2. Plan Early Most insurance companies tend to take advantage of the fact that most drivers panic and wait until the last minute to renew theirvan insurance, typically in the last week when theirexisting insurance policyis nearing expiration. In contrast, the best time to renew yourvan insurancewould be at least three weeks before the existing policy expires, as insurance companies are more likely to compete on price, given that you will have more time to allow us to shop around and get you the best deal.So don’t leave it until the very last minute; rather plan at least 3 to 4 weeks in advance and you can be sure that we can research the market and endeavour to get you the best quotes available to us during this 3 or 4 week period. Talk to an Insurance Broker If you thoughtbuying insurancedirectly from insurance companies guarantees you the best price, think again! Your insurance agent works for one particular insurance company and their loyalty stands with that individual insurance company.So contrary to your belief, you might not be getting the best cover or premium when dealing with theinsurance company in Irelanddirectly. More to the point, when you are calling each individual insurance company directly for a quote can soon become quite cumbersome (repeating the same information over and over). You may soon lose patience or end up comparing only a couple of companies before making up your mind.That’s where an insurance broker (like Britton Insurance) comes into its own. Insurance brokers are not tied up to anyone van insurance company in Ireland. Their computer systems analyse and compare all of the differentinsurance companies’policies and prices available to them. Their systems clearly identify the benefits of one company’s insurance policy verses another companies’ policy. Prices are compared versus the cover offered and benefits included. At Britton Insurance, we compare a broad range of what’s available on theinsurance market in Irelandby reviewing quotes from up to 30 insurance companies, which allows us to get you the best deal on offer at any given time.

  3. Consider Your Options There are 3 main types ofvan insurancethat you can buy. So it’s really important to consider all your options to find the option that’s best suited to you. Choosing the wrong type of insurance may not cover you in some situations and even cost you more. • Third party only – If you’re involved in an accident, a third party cover means that only the third parties involved in the accident are covered. You, on the other hand, may not make any claim for damage to your car. • Third party, fire and theft – This is similar to Third Party Only option, but this also covers you in case of attempted theft, theft or any damage occurring to your vehicle from fire. • Comprehensive – This option covers you for all the above situations while also covering for any damages that might have happened to your car. Talk to Our Van Insurance Experts When you want to find the bestvan insurance quote in Irelandavailable to us at a given time period for your specific van insurance requirements or any other like motor insurance orcar insurance in Ireland, simply ‘request a quote’ from our website or call our experts at074 9721 304.

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