Tips for ensuring that your car insurance works for you
In the event of an accident, always get the details of any eye witnesses and take photos of the scene.
Report an accident to the police within 48 hours, or as soon as reasonably possible and obtain a case number to accompany your claim.
Make sure your policy correctly reflects the regular driver of the vehicle and lists any additional drivers you have.
Ensure that any individual driving your vehicle has a valid driver's licence.
Add any new vehicles to your insurance policy before you collect the vehicle from the dealer.
Update your policy immediately when circumstances change, such as your residential address, as this may affect your policy.
When calculating the amount you need to insure your home contents for, use the current replacement value rather than the original cost of goods - which may result in a shortfall.
Review your insurance policy in detail every 6-12 months to offset the risk of under or over insuring your goods.
Make sure you have adequate coverage. Determine your needs and enquire on value added services that will give you more cover and peace of mind.
Filing a claim is easier when you can prove what you owned in the event of loss. Make sure you have receipts, or even a video of items you owned in your home, stored in a safe place.
Whenever you install new appliances, or purchase any new items, be sure to add these iteams onto your policy.
Update your policy after a life-changing event – for example if you recently got married or divorced and notify PPS STI immediately of any changes in circumstance, to make sure your cover does not get compromised.
Monitor your policies as your business grows, or else your business might outgrow the policies.
Assess your risks – when you know where your biggest risk lies, you can choose the best cover for your business.
If you're using your own vehicle for business, insure it under your business policy, rather than a standard car insurance policy, to make sure you're fully covered.
Look into specific industry coverage and check you have ticked all the boxes when it comes to the legal requirements for your business type.
Even if you run a home business, you need business insurance in case the worst happens. Your home contents insurance may not cover you in the event of losing all your products, stock and equipment.
Update your policy as soon as you have a change in disclosure, for instance, when you open up new locations, or take on new employees need to cover.