First it’s important to remember that all types of charity, voluntary and not-for-profit lending broker could be saving money on their charity insurance and liability insurance charges. From registered charities employing hundreds of staff to area and voluntary groups on a much smaller scale help may now be at hand.
And regardless of your organizations measurement and budgets if you follow these simple but noteworthy tips the amount you pay for your Charity Insurance can be less than ever before. All without having to sacrifice coverage, excess in addition to service.
The first tip when looking for Charity Insurance is thus to use an insurance provider who actually understands your needs. They have all very well buying a one size fits all policy but does it actually give you the cover you need? Ultimately that is definitely what your charity or organization actually needs so you should definitely use a company or insurance broker who understands what you need, typically offer you advice and guidance aimed at reducing your exposure to possibility and who has the facilities to tailor a policy to the specific needs and in the process can reduce your premiums.
If using a Charity Insurance expert is most likely to bring about you finding the right insurance cover for your charity for less, how can you find these kind of so called Charity Insurance experts?
Well the internet has absolutely made this job easier as a simple search using a web is likely to yield a list of experts in all types of insurance. Even so a company saying they are experts for charity insurance isn’t guarantee that they actually are! Therefore it’s probably best to acquire the phone and actually ask them a few questions. That’s right, ask questions rather than just loose time waiting for them to ask you. This way you can find out what makes these individuals experts and how you can benefit from using them. Ask things such as, who all do they use? How long have they been providing charity insurance? What experience do they have? Do this and your chances of finding the right charity insurance for your organization is likely to increase – and though your insurance premiums don’t!
Another tip which could help you save income on your charity insurance is one which at first sight may not appear to be right but give it a go and there’s every chance it will probably work. Tip number 2 when it comes to finding low cost charity insurance coverage is therefore to be totally honest when you are asked what you are paying for your insurance at the moment. Most people when asked a really question by an insurance company or insurance broker won’t actually tell them. They think that by doing so they are somehow unlikely to get the best price in return. The truth is you are far more likely to get the best line if the company has a price to beat. That doesn’t show that you should make up a price as if the price you give is too minimal there’s every chance the insurance provider will know this and in some cases won’t be able to beat it – or indeed insurance quote.
If you follow these 2 simply but highly effective hints there is every chance the price you pay for your charitable organisation insurance will reduce. Give it a go and see if it works.