Noah Leighton Insurance Broker

If you run your own business, chances are that you’ve heard of public liability insurance and this is an essential form of cover for most (if not all) businesses. However, when you’re after a public liability insurance quote , product liability insurance will most likely also be included. So, what is product liability insurance and how does it differ from your public liability cover? Let’s take a look! Public liability insurance Public liability insurance will protect you financially against third party claims if you’re found liable for damage to property or injury to a person due to your actions at work. This could include clients tripping over and injuring themselves in your office, to accidental damage to client property whilst working onsite. Along with assisting with the cost of a successful claim, your public liability insurance also helps cover legal bills if you need to hire a lawyer during the claims process. The costs involved with a public liability claim could include r...

Being a real estate agent means you have an exciting and dynamic job – you can be your own boss, earn a great income and have a flexible work schedule. However, there are certain unique risks that you face which can leave you vulnerable. To give you peace of mind, you should ensure that you have professional indemnity insurance in place to protect yourself financially against claims from third parties. What is professional indemnity insurance? Professional indemnity insurance is designed to protect you if a third party suffers a loss as a result of your professional actions. This could be due to an act, error, omission or breach of professional duty. For most professionals providing a service, including real estate agents, you should have indemnity insurance in place to protect against the financial impact of claims. Not only can indemnity insurance cover part of the costs relating to successful claims, it also provides the means to pay for legal bills involved with the claims proce...

If you’re trying to navigate your way around the often complex world of insurance and need a little help, it might be time to speak with an insurance broker. An insurance broker is an insurance expert who can provide professional advice and act on your behalf to make insurance a whole lot easier . Let’s take a closer look at what your insurance broker can do for you! 1. Offers expert advice Whether you want to check that you have the right level of cover, want more information about your inclusions or exclusions, or have a question about your premiums, all you need to do is give your insurance broker a call. They have the expert knowledge to offer professional advice around your insurance. 2. Assess your risks The purpose of insurance is to cover your areas of risk so you’re protected financially when things go wrong. Of course, you need to know what your risks are in the first place so you’re not caught out at claim time and that’s where your broker comes in. They’ll be able to lo...

Having an investment property can be smart move financially – property generally increases in value over the time and you can benefit from a regular rental income. However, you need to be smart about things if you want to make the most of your investment. From forgetting about landlord insurance to choosing dodgy tenants, it’s easy for landlords to make mistakes which could cost a lot of money in the long run. Let’s look at some of those mistakes so you can avoid them in the future! Not screening tenants properly Even if certain tenants have given you a great first impression, you need to make sure you do the right background checks to back up your decision. This process can save you a lot of pain in the long run so ask for references from employers and from previous property managers. If a potential tenant has had numerous addresses in the past year, ask them why and try to speak directly with the last property manager to get more information. Not maintaining the property A common...

No matter how careful you are in the day to day running of your business, things can go wrong. Unfortunately, there are times when a simple accident could see you on the receiving end of an expensive claim. For these reasons, businesses need to ensure that they have public liability insurance in place. To help you out, we’re sharing some of the top questions we get asked about public liability insurance. What is public liability insurance? Public liability insurance offers you financial protection if you cause damage to a third party as a result of your actions at work. This could include damage to property or injury to a person. Along with covering the cost of successful claims, your liability insurance will also cover legal bills if you hire a lawyer during the claims process. Why do I need liability insurance? Accidents happen and you need to be protected financially when they do. Something as simple as a client injuring themselves while visiting your office or an employee dama...

Unless you’re in a profession where it’s obvious that professional indemnity insurance is required, such as lawyers or doctors, it’s easy to assume that you won’t need this cover. However, if you provide advice or services as part of your business then chances are that you need indemnity insurance. Your professional indemnity insurance will protect you financially against claims of negligence or breach of duty which have occurred as the result of you carrying out your professional duties. Today, we’re looking at some of the main reasons why a third party may make a claim against you. 1. Breach of contract Indemnity claims can occur when there has been an alleged breach of contract. An example could be that your business agreed via contract to have a project completed by a certain date and this has not occurred. 2. Loss of documentation or data If you have a third party’s documentation or data in your possession and something happens to it, this could result in an indemnity claim...

There’s no question that you need landlords insurance if you have a rental property – you face a unique set of risks when you have a tenanted property and insurance provides you with financial peace of mind. But how much will your insurance policy cost? There are a number of factors which can impact on your landlord insurance premiums – let’s take a closer look so you know what to expect. Factors the impact cost When it comes to your premiums for your landlords insurance , your insurer will take into account a number of factors, including: Crime rate – Your insurer will consider the crime rate in the area where your rental property is located so you need to consider this when purchasing a property for rental. In areas at high risk of burglary and related crime, your premiums may be higher. Natural disaster risk – If you’re house is located in an area which is susceptible to natural disasters, this may impact on your premiums. For example, if your home is located in an area whic...