Coversure
Insurance News

News: February 2017

What Insurance Does Your Motor Trade Business Need?

What Insurance Does Your Motor Trade Business Need?

A strong start to 2017 and the impending arrival of driverless cars mean the motor trade is an attractive proposition at the moment for business owners to branch into. Last year saw record figures in truck, car and van sales, with 2017 expected to be even bigger, causing new motor trade opportunities to spring up across the country.

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Coversure Franchisee Interview with Janice Smith

Coversure Franchisee Interview with Janice Smith

‘What’s it like really like being a Coversure franchisee?’ is a question we get asked by most of our prospective franchise holders. To answer it we spoke to Coversure’s franchise holder in Grantham, Janice Smith to get the inside story on being a Coversure franchisee.

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Underinsurance: Do You Have Adequate Property Insurance Cover?

Underinsurance:  Do You Have Adequate Property Insurance Cover?

Being underinsured can cause real problems in the event of an insurance claim. When you are underinsured, a clause called an ‘average’ applies to most property insurance policies. It combats underinsurance by ensuring everyone should pay the correct amount for the correct level of insurance cover they require. In simple terms, it is a percentage and therefore if you only insure for 50% of the required insurance only 50% of the claim will be payable after the policy excess being deducted. This means you could end up not receiving a full settlement and could be left severely out of pocket.

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