Questions people ask us most about Business Insurance!
Every business should consider the effect that loss or damage to property or legal action against the business would have on the business itself, it’s owners and employees. A Business Package allows your business to tailor an insurance package to suit your business’s particular needs. Protection of your business may be crucial to it’s long term survival.
The cost of a Business Insurance package depends on a number of factors, including the types and levels of cover you hold, your business activities and other risk factors such as your location, the construction of your property and your claims history. Connected Insurance can help you manage the risks to your business and ensure that your premiums are competitive against the insurance market. Call us today to arrange a meeting!
How long is a piece of string? Every business is different and has different needs. The role of an Insurance Broker like Connected Insurance is to assist you by helping you understand the risks to your business and the insurance cover required to protect you against these risks. At Connected Insurance we take the time to get to know your business, it’s needs and most importantly the things that concern you the most. Call us now to arrange a meeting!
A Business Package provides the flexibility to insure most, if not all of your business insurance needs under one policy. This includes cover for your property (including your stock and business contents), theft, loss of business profits (Business Interruption Insurance), public liability, glass, money, electrical and mechanical equipment, tools of trade and even your motor vehicles.
Every business and not for profit organisation needs public liability insurance to protect them from the threat of legal action by their customers and other members of the public. Furthermore, any business which manufactures, repairs, sells or distributes products should ensure they are protected if their product causes bodily damage to a customer or damage to their property.
The level of Public Liability cover required will depend on many factors including the size of your business, the number of employees, the level of exposure you have to the general public, and the type of goods or services you offer. Generally, most businesses carry $10 million or $20 million or upwards. Connected Insurance can help you establish the level of cover required to meet your needs. Call us now to arrange a meeting!
The cost of public liability insurance depends on many factors including the size of your business, your business activities and the type of goods you are selling. Essentially, the more exposure you have to risk, the higher your premium will be. Premiums can vary greatly from insurer to insurer. A broker can help you source suitable cover at a competitive premium. Contact us today for a quote.
Public Liability insurance protects your business against legal action by third parties. Your policy may pay for all legal costs and for any compensation you owe to a third party. Without Public Liability insurance these costs will have to be met by your business, leaving you exposed to financial loss and even bankruptcy.
A commercial motor insurance policy can help to protect any vehicle used in connection with your business against accidental damage, theft and legal liability resulting from the use of your vehicle. At Connected Insurance we are commercial motor vehicle insurance specialists and can help with all of your motor vehicle insurance needs. Contact us for a quote today!
If your vehicle is used in connection with a business it should be insured under a commercial motor vehicle insurance policy. If your vehicle is a sedan, ute or wagon it may be insured under a car insurance policy, however you must inform your insurer or broker that you use the vehicle in connection with a business.
The short answer is any vehicle used in connection with your business. This may include sedans/utes/wagons, trucks, prime movers and commercially used trailers. It can also include earthmoving machinery and plant, mining machinery and plant, and machinery used in connection with farming.
Premiums for commercially used vehicles will vary greatly depending on the type of vehicle, what it’s used for, it’s value and the person operating the vehicle. An insurance broker like Connected Insurance may be able to help your business secure the right cover at a competitive price. Call us today for a quote!
Professional Indemnity Insurance is designed to protect your business by covering you should a third party suffer loss as a result of a professional service or advice provided by you.
The cost of Professional Indemntiy Insurance depends on a number of factors, including the level of cover you require, your business activities and other risk factors such as your turnover, the number of staff who provide professional advice or service, and your claims history. At Connected Insurance we can help you manage the risks to your business and ensure that your premiums are competitive against the insurance market. Call us now for a quote.
Professional Indemnity covers professional advice and services that you provide which may result in a loss to your client or other party. Public Liability covers your negligence which results in property damage, death or injury to your client or other third party. If your business provides a professional service or advice you may need both Professional Indemnity and Public Liability Insurances.
Cyber Insurance can protect your business in the event of cyber attack or other form of internet intrusion. Such attacks can result in costly expenses to your business, including claims from third parties who’s personal information has been exposed as a result of a breach of your computer system. Cyber insurance can meet the costs your business incurs as a result of these breaches.
Every business and individual who has access to the internet is exposed to cyber threats including cyber attacks and data breaches. The potential for loss is much higher for businesses who hold sensitive customer information, such as credit card details, dates of birth, tax file numbers etc. Cyber criminals are becoming increasingly more prevalent and technically sophisticated. So much so that cyber attack is the fastest growing risk to small business globally according to the Australian Computer Society. An effective cyber insurance policy may pay for all losses your business suffers as a result of a cyber attack. Furthermore, it can meet the costs of forensic investigations, fines and penalties you may incur and public relations costs to protect your reputation and that of your business. Contact us now to arrange a meeting.
Cyber Insurance premiums vary depending on a number of factors including your business’s turnover, the number of employees and the level of cover you require. Also, the level of sophistication of your IT protection and backup processes may affect your premiums. The better protected you are, the less exposed you are so theoretically, higher levels of protection may result in lower premium costs. Connected Insurance can help tailor a cyber insurance policy to meet the individual needs of your business. Call us now for a quote!
Management Liability Insurance protects a company against financial losses if the company or it’s directors and officers have failed to meet their duties. This may be due to breach of contract, workplace health and safety breaches or for the harassment, discrimination or wrongful dismissal of employees. It may pay for any fines or legal settlements including defence costs, thus protecting the company and it’s directors and officers. Furthermore, it may ensure that a directors personal assets are not exposed by the failure of the company in meeting it’s commitments. Connected Insurance can help establish any exposures your company may have and design a Management Liability package to protect it. Contact us to arrange a meeting.
Management Liability premiums are based on the size of your business and your business activities. The larger your business, the more exposure you have to breaches and employment practices issues such as wrongful dismissal, harassment and even to criminal negligence for workplace injuries or death. It’s important for every business to consider it’s exposures and how these can be protected by Management Liability. Connected Insurance are able to assist with all of your insurance needs. Contact us now for a quote!
As a Tradesman you are likely to be exposed to more risks than most businesses. You are constantly moving from jobsite to jobsite, working hand in glove with other contractors and in general, are exposed to high risk situations on a daily basis. It’s important to consider the risks to you and your business and to take out insurance cover that meets these risks.
All tradesman require public liability insurance, however do you have the right cover? If you are performing dangerous activities such as confined space or underground work, or handling dangerous goods such as explosives or asbestos, you must inform your insurer or broker and ensure your policy covers these activities. Tradesman should also consider carrying insurance to protect their vehicles and tools as well as their income. Connected Insurance can design an insurance package to meet the needs of your business. Contact us to arrange a meeting.
As a transport operator you may be exposed to greater risks than the average business. You may have many vehicles, carrying many different types of loads to many different locations. Having the right insurance cover is crucial to the long term survival of your business. Your business will definately need Commercial Motor Vehicle Insurance to protect your vehicles in the event of an accident or theft. You will also require Public Liability Insurance to cover your business activities and the threat of legal action Australia wide. You must also consider who is responsible for the loss or damage to any load you are carrying and protect any exposure to your business by holding Transit Insurance.
You should also consider whether you need Management Liability Insurance. This protects you against financial threats due to the day to day running of your business eg. breach of contract, workplace health and safety fines, legal action for wrongful dismissal or harrasment of an employee.
Every transport business is exposed to risks, with many of these risks able to be managed and reduced through driver training and other risk management processes and procedures. However, no matter how thorough you are and how well you execute your risk management plan – accidents still happen! And when they do it’s important that you have the right insurance cover in place to protect your business. So part of your overall risk management plan should be to consider the insurance cover you need to protect your business. At Connected Insurance we take the time to get to know your business, how it works and most importantly – where it is most exposed. We can then create an insurance package designed to meet the individual needs of your business. Contact us now to arrange a meeting.
The insurance costs for Earthmoving Equipment depend on the type of machine, it’s value and the way in which it’s being used. Premiums can vary greatly from insurer to insurer. Connected Insurance are specialists when it comes to insurance for the mining, civil and agricultural industries. As a broker we can source the right cover to suit your business, all at the most competetive prices.
It’s important that anybody using heavy equipment to dig into the ground establishes the location of any underground services. These may include water or sewage pipes, telecommunications fibre optic cabling or even electrical cabling. It may not only protect your business against significant fines or legal costs but may also save your life or that of any employee or member of the public. Call Dial Before You Dig now!
Many insurance policies exclude claims which are caused by the weakening or removal of any element which provides stability or support to a structure. This could include excavation work close to a structure which results in it shifting, or even vibration damage to nearby buildings as a result of you operating your equipment. The resulting damage may be significant and could even result in loss of life. It’s vital that your insurance policy covers Vibration/Weakening of Supports if the risk is present in your business. At Connected Insurance we take the time to get to know your business and the risks to it. Contact us to discuss your business today!
Questions people ask us most about Personal Insurance!
The cost of home insurance depends on many factors including the age and construction of your home, the location of your home and the value of your home and it’s contents. Most insurers will allow premium discounts for any extra security measures your home may have. It’s well known that home insurance costs in Northern Australia are the most expensive in the country. Consider seeking the advice of an insurance broker who may be able to source the right insurance cover at a competetive premium for you. Contact us now for a quote!
Every insurer will spruke their Home Insurance policy as being the best, however this answer will always come down to ‘the policy which best suits your personal needs’. There are certain policy features and coverage you should look for when selecting a home insurance policy in Australia. The first is does the policy cover ‘accidental damage’, which is effectively damage you cause yourself eg. spilling wine on your couch, the kids accidentally knocking your flat screen TV over. Depending on where you live it may also be crucial to ensure that you have ‘flood’ cover, which is defined as water from a watercourse like a river, creek or storm drain entering your home. Most policies in Australia now cover this automatically, but you should check to ensure your policy carries flood cover.
A Home Insurance policy will protect your home from most unexpected events. These include fire, storm damage (including cyclones), flood damage, malicious damage caused by others, impact damage from trees or vehicles, lightning and rainwater damage to name just some of the insured events. Cover can be extended to protect your home from ‘Accidental Damage’ which is effectively damage you cause yourself eg. you forget to turn off the tap whilst running a bath and the water damages your floors, you damage a wall whilst moving furniture around the home.
A home insurance policy gives you the option of insuring your home and any contents located at your home. Home insurance provides cover for your home and any items fixed to your home, such as solar panels, aerials or external blinds. Any other structures at the address would also normally be covered, such as sheds, granny flats, water tanks, pools and fencing. Your Home Insurance policy can be extended to cover the contents at the situation, or Contents Insurance can be taken out on it’s own eg. to protect the contents of someone renting a home. Contents Insurance covers pretty much any loose items you own at the situation including furniture, white goods, electrical goods, clothing , personal effects, sporting and fishing equipment, artwork, jewellery, collections etc.
The cost of car insurance in Queensland depends on many factors including what vehicle you drive, your age and driving history, where you live, where your vehicle is parked overnight, what you use your vehicle for, details of any younger regular drivers and whether you require comprehensive cover or simply third party cover. An insurance broker is able to help you source car insurance cover that suits you at a competitive price. Contact us now for a quote!
A car insurance policy protects you if your vehicle is damaged in an accident or stolen or lost or damaged due to weather events such as storms, hail or fire. It also covers your legal liability resulting from the damage to third party property as a result of someone using your vehicle.
There is no one car insurance policy that is better than all others. Most car insurance policies offer very similar cover. What is important is that you seek advice on which car insurance policy suits your specific needs. An insurance broker can assist you by gaining an understanding of the protection you require and sourcing a policy that suits at a competetive price.
Comparing car insurance policies is a difficult and time consuming exercise. There are many different car insurance options out there and to obtain quotes from all of them and read through their policy wordings could take days. An insurance broker like Connected Insurance does this for a living, and has gained the knowledge which only comes with experience. Don’t waste your precious time. Contact an expert who’s already done the hard work for you!
Everyone who owns an investment property should consider protecting their investment. The best way to achieve this is by taking out a Landlords Insurance policy on the home. This will protect your property in the event of a fire or storm. It will also provide you with public liability cover to protect you should a tentant or one of their guests suffer death, injury or property damage which can be linked back to your negligence as owner of the property.
The cost of a Landlords Insurance policy depends on many factors, including the age, construction and value of your investment property. If your property is in North Queensland insurance costs are generally higher than other parts of Australia, due mainly to the frequency of destructive cyclones. At Connected Insurance we have access to numerous Landlords insurers and can source cover that suits you at a competetive price. Contact us now for a quote!
If your insurer accepts your claim, and your tenants are unable to live in your property due to the damage, most Landlords Insurance policies will pay your lost rent to you for up to 12 months whilst your property is being repaired or rebuilt. Most Landlords policies can also be extended to cover rent default, which put simply means that the insurer will pay you the rent owed to you if your tenant defaults on their lease.
Boat insurance premiums can vary from insurer to insurer depending on a number of factors including the type and age of your boat, how your boat is used and stored, and the value of your boat. An insurance broker like Connected Insurance knows the market, and can help you source boat insurance cover that suits your needs at a competetive price. Call us at Connected Insurance now for a quote!
Boat insurance can protect your boat against accidental damage, fire, storm and theft. It can also protect you against legal action by third parties who suffer death, injury or property damage as a result of your negligence. Boat insurance is vital in protecting your financial interests whilst on the water.
Everybody’s situation is different and many insurance policies are different. Some boat insurance policies will provide ‘new for old’ replacement cover until your boat is 2 years old. If this is the case for you, you should consider insuring your boat, motor and trailer for what it would cost to purchase the items brand new. For all other boats your policy is likely to only pay you the fair market value at the time or loss. You should therefore insure your boat, motor and trailer for the price you could sell them for. Your local boat dealer may be able to assist with establishing a fair market value.
Most caravan insurance policies provide very similar cover, however there will be subtle differences from insurer to insurer. There is no one policy which will suit everybody the best. The real key is in finding a policy which suits your particular situation. A caravan which is used constantly for travel is likely to have different needs than one which is permanently located on site at a caravan park. As brokers, Connected Insurance can help you source a policy which suits your particular needs. Call us now for a quote!
The cost of Caravan Insurance depends on a number of factors, including the age, make, model and value of your caravan. Also factored into your premium is your age, along with your driving and insurance histories. As insurance brokers Connected Insurance has access to the insurance market, and can help source cover that suits your needs at a competetive price.
If you own a caravan you should consider taking our caravan insurance to protect yourself. Caravan insurance will cover your caravan, it’s contents and any annexe you may have against damage or theft. It will also protect you should you be sued by third parties who have suffered death, injury or property damage as a result of you using your caravan.
Questions people ask us most about Farm Insurance!
A Farm Insurance package allows you to tailor an insurance package to meet the particular needs of your business. It allows you to bundle all of your farm insurance needs into one easy to manage policy. This includes all of your farm property, motor vehicles, machinery and plant, equipment breakdown cover, transit cover and business interruption. A Farm Insurance package also allows you bundle your home, car and boat insurances with your farm insurances and even insure your income against sickness or accidental injury.
The cost of a Farm Insurance package depends on numerous factors including the type of farming you perform, your location, the size of your operation and the value’s of the items you need to insure. As insurance brokers, Connected Insurance can help you manage the risks to your business and ensure that your premiums are competitive against the insurance market. Call us now for a quote!
The short answer is yes. You should consider insuring all of your farm vehicles and machinery against accidental damage, fire and theft. If your vehicle is registered it’s vital that you insure it to guarantee that you have public liability protection whilst on the road, even if your vehicle or machinery only crosses a road on rare occasions. Connected Insurance are experts when it comes to Farm Insurance. Contact us today to arrange a meeting!
The cost of Farm Motor Vehicle Insurance varies depending on a number of factors including the type of vehicle or machine, it’s value and what it is being used for. Northern Insurance Solutions is part of the Steadfast group, which gives us access to numerous farm and motor vehicle insurers. Contact us today for a quote!
The cost of crop insurance in Australia depends on a number of factors including the type of crop, your location, the size of your crop etc. Connected Insurance are experts in Farm Insurance. Contact us to arrange a meeting!
Insurance cover is available for most crops in Australia. This includes grain crops, fruit and vegetables, sugarcane, cotton and rice. The cover available depends on the type of crop you need to insure. Contact us now for a quote!
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