Managing the risk that comes with doing building work is an important part of any project. Builders need to be aware of all the risks associated with the job and take steps to mitigate them. Ensuring the right insurance is in place is one part of that risk management plan.
With inflation eating into disposable incomes along with a reduction in demand across the construction sector, trade businesses are starting to feel the squeeze on their finances. A monthly premium funding agreement is a good way to manage cashflow by spreading your insurance costs throughout the year.
With the volume of payments being made by insurers, especially following the recent flooding and cyclone events, it is inevitable that these will be the target of scammers, both online and more traditionally.
2023 has already seen the largest volume of weather-related insurance claims in New Zealand’s history, with claim losses exceeding 2022, which was also a record year. These, along with and other factors, are contributing to significant increases in insurance costs.
Three reasons it's important to get the details of the other driver in a vehicle accident This might seem obvious, but when Police attend an accident you may be fooled into thinking that they have it all in hand. Or if the other party (or a witness) takes your details...
What liability does a builder face for failures in the design of a construction project?
When a site is affected by flood or storm there are a number of implications and considerations for builders to be aware of. Some sites may be cut off but not damaged, others may require extensive remediation.
Guide to help builders avoid the pitfalls of flood remediation insurance claims.
How to ensure your insurance claim will run as smoothly as possible.
You might pay a bit more to use the services of an insurance broker compared to buying your insurance directly from an insurer. Is that extra cost worth it? Here are a few reasons why it might be a good investment.
It's been a bad month for under-insurance, with three claim examples that should serve as a reminder to everyone to double check your cover is sufficient. Motor Home Crushed By Falling Tree This sounds like an unlikely scenario, but it is precisely what happened to a...
It's true. You might pay a bit more to use the services of an insurance adviser compared to buying your insurance directly from an insurer online. Is that extra cost worth it? We think so, and here are a few reasons why: 1. Do you really know what you are getting?...
