What insurance should I have as a landlord?

A landlord needs to protect their investment.  Your building sum insured needs to be an accurate replacement value of the building, including costs for removal of debris and associated professional fees such as architect costs.  You should also include some cover for contents which can include such items as carpets, curtains and landlords fixtures and fittings.

Finally, you need to ensure that your policy has some cover for Property Owners Liability.

Additional covers you can add to a Landlord policy are Loss of Rent, Rent Default and Theft by a tenant.

 

For more information and a free quote, call the friendly staff at Westralian Insurance on (08) 9302 1388, or visit www.westralianinsurance.com.au

 

 

Do I need travel insurance?

Travel Insurance is very important and should be considered carefully prior to any trip away from home.  It can cover many different types of claims ranging from lost baggage and cancelled flights, to hire car excesses and emergency medical procedures.   Policies can be arranged for a single trip, or you can take out an annual Travel Insurance policy to cover all your trips over a twelve month period.

 

Before you head away on your next business trip or well earnt holiday, contact the friendly and knowledgeable staff at Westralian Insurance.  Call (08) 9302 1388 or visit www.westralianinsurance.com.au

 

 

What insurance do I need for my gardening business?

 Any gardening business operating in Australia should have Public Liability insurance to cover damage to third party property or injury to third parties.  The Public Liability insurers should be notified about the type of premises you work on, as rates can differ depending on whether it is residential or commercial gardening work.  

Tools and mowers can also be insured under the 'General Property' section of a Business Insurance policy, with the added benefit that they are insured anywhere in Australia for damage or theft.  Workers Compensation is also a legal requirement for any gardening companies who have employees.

Westralian Insurance can answer any further queries, plus provide an obligation free quote!  Call today - (08) 9302 1388 or visit www.westralianinsurance.com.au

What insurance do I need as a sole trader?

The type of insurance you will require as a sole trader will vary, and depend on your occupation.  For example, are you a mobile tradesman, a salesperson or do you own a business premise?  Are you a property owner, importer/exporter or a professional providing specialist advice?  The list of potential insurance policies you may require, based on your individual circumstances, is exhaustive.  It is best that you speak with an expert insurance broker to ascertain which policies you should consider, when protecting yourself and your business. 

 

Westralian Insurance would love to help!  Call one of our professional and friendly, full qualified insurance brokers on (08) 9302 1388 or visit www.westralianinsurance.com.au today!

 

 

 

 

What insurance do I need for my cleaning business?

 
The main exposure for a cleaning business is Public Liability, which is third party property damage or personal injury.  Many cleaning companies work in offices and shopping centres and have to show proof of Public Liability Insurance before they can start work.  Most shopping centres require a minimum of $20 million Public Liability cover.  Workers Compensation is also a legal requirement for any cleaning companies who have employees.

To ensure you're correctly covered for cleaning contracts and jobs right from the word go, talk to the knowledgeable and friendly staff at Westralian Insurance.  Call (08) 9302 1388 or visit www.westralianinsurance.com.au 

What insurance do I need for my handyman business?

Firstly, your insurance broker will need to determine what kind of work you'll be doing and also whether it will be domestic work only – or a mixture of domestic and commercial.

Insurers all have different variations to policy coverage, so the above information will be used to ensure you are covered with the correct insurer. 

Public and Products Liability insurance is perhaps the most important policy you should consider - this will provide you with cover should you be negligent and cause damage to someone's property or cause injury to a third party. 

You may also want to consider covering your tools.  There are various levels of cover available for tools, including theft from a locked vehicle or premises, fire or damage caused by collision or overturning of a vehicle.  An optional level of cover you may look to include is Accidental Damage – this ensures you'll be covered if you drop that very expensive tool!

If you are engaging the services of subcontractors or employees, you will need to cover them for Workers Compensation.  Dependant on your business structure you may be able to cover yourself on the Workers Compensation policy – or if unable to do so, you should consider an Income Protection or Personal Accident and Illness policy.

 

Westralian Insurance can help!  For professional and friendly service, call Westralian Insurance today on 9302 1388, or visit www.westralianinsurance.com.au

What insurance does a business need?

Any business that employs people must have Workers Compensation cover, as it is a statutory requirement.  Fines and penalties apply for trading without Workers Compensation insurance.

Public and Products Liability is very important for any business, as it covers third party property damage and personal injury claims, arising out of a company’s work or products.

Office Insurance can be extended to cover buildings, stock, contents and tools both inside and outside the office.

Corporate Travel Insurance is important for any business that employs workers who travel.  It can also be an incentive for hiring and keeping staff.

Professional Indemnity insurance is important for any business where there is an element of advice or design in the work eg. solicitors, business consultants, real estate agents etc.  Professional Indemnity insurance covers professional errors and negligence associated with wrongful advice or design.

Management Liability insurance should be a serious consideration for any business in today’s increasingly litigious society.  Australia is widely regarded as being second only to USA with regards to litigation, so Management Liability insurance has never been more important.  It covers the directors and managers of a company as well as their personal assets against a whole range of different claims such as OH&S investigations, employee theft, wrongful dismissal, libel and slander etc.

If you're thinking of starting up your own business, or already own a business and would like your insurance reviewed, call Westralian Insurance today!  (08) 9302 1388...or visit www.westralianinsurance.com.au