Do I Need Pub Insurance and Should I Get an Agent

Whether you own a retail store, a local 'watering hole', or a cozy bed and breakfast in the country, you need to have an insurance policy that will cover your business for a number of aspects. These include injury to employees or customers, damage to equipment, loss of earnings for a variety of reasons, and the usual as listed above, theft, flooding, fire, and the like.
For example, you own a pub and a customer carelessly discards their cigarette butt into the dry shrubbery outside. The bushes catch fire, and it spreads to the pub. Luckily nobody was seriously injured, but the smoke damage means you need to close until it is taken care of. Not only do you have the repair work to pay for, there is the loss of income for your business.

In another example, say somebody was injured, and sued you. Your pub insurance policy will cover you in this event. The same would be true with a bed and breakfast insurance policy, or with retail insurance. These policies often include a 'Business Interruption' policy, which includes the loss of income mentioned above such as flooding or fire, but also includes sickness or death, lack of public supply.

5 Tips: How to reduce the cost of car insurance on a young driver.

NEW YORK (CNN/Money) - Cruising down the highway is more than just a summer ritual, it can be a hazard too. The National Highway Safety Administration says summer is one of the most dangerous times of the year for young drivers.
And insurance companies are well aware of the risks that young drivers pose. Adding a young driver to your insurance policy can increase your rates 50 to 100 percent says Jeanne Salvatore of the Insurance Information Institute.
But you don't have to take away those car keys just yet. In today's 5 tips we'll tell you how to keep your kid safe on the road and what young drivers can do to reduce their auto insurance.
1. Keep a clean record Having DWI convictions on a driving record is extremely costly. The Municipal Alliance for the Prevention of Substance Abuse estimates that the total cost of one DWI for an underage drinker, in New Jersey for example, is almost $24,000. This includes insurance premium increases, legal fees and other fines.
If you are a young person with no prior convictions who is convicted of a DWI, your base insurance premium of $800 could be raised thousands of dollars for at least three years, according to David Snyder of the American Insurance Association.
2. Earn brownie points Many auto companies offer students a discount on their auto insurance if they maintain a 3.0, or a B average and are enrolled full-time in high school, community college or a university.

What to look for in a insurance shop

The first thing you need to do when selecting your retail shop insurance is to assess what aspects of an insurance policy your business will require. Choosing the most appropriate insurance policy for your needs is essential for a number of reasons, and the wrong coverage can cause your business a great number of problems in the undesirable event of requiring a payout. You may find it easier to hire an insurance agent, who will guide you through the array of information available. However, insurance agents need to receive their compensation, which means they are not likely to be able to offer your business the most competitive prices out there. It is up to you to choose whether the saving of time, or the saving of money, is most efficient and beneficial to your business.
So what should your shop insurance cover?

Payment Protection Insurance FAQ

Payment Protection Insurance FAQ

If you are looking into payment protection insurance (PPI) on a mortgage, whether it is regarding a claim or if you are applying for cover, then you probably have a lot of questions. With the recent uproar regarding mis-sold PPI, it is a good idea for you to do some research before taking cover as there have been thousands of cases in the past where expensive cover was sold to clients who believed that they had to have the policy. You may also just find out that PPI you have previously had may have been mis-sold to you, meaning that you may have a valid claim.

Here are some frequently asked questions which may be of assistance:

• Who benefits from payment protection insurance?

The borrower. Payment protection insurance is meant to repay the borrower's commitments to a many different types of loans, should they be in a situation where they are unable to.

• How long are you protected under the cover?